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Hospice Medicare Reimbursement Rates and the New 2006 Wage Index

by Robert Jenkins

As expected, the final rule setting the Hospice Wage Index for Fiscal Year 2006 has recently been announced by the Centers for Medicare and Medicaid Services. Join speakers from Boyd and Nicholas, experts in the field of home health and Medicare reimbursement, to get a better understanding of the new Medicare reimbursement methodology and how it will affect your hospice agency in this special 60-minute audio conference "Hospice Medicare Reimbursement Rates and the New 2006 Wage Index." The program is scheduled for Thursday, October 20, 2005 at 1:30 p.m. ET.

As expected, the final rule setting the Hospice Wage Index for Fiscal Year 2006 has recently been announced by the Centers for Medicare and Medicaid Services. The new hospice wage index will be used to reflect local differences in area wage level by adjusting payment rates for hospices under the Medicare programs. The CMS identifies the revised labor market and metropolitan core based statistical areas.

There are the major issues with respect to the new definitions and hospice executives need to become familiar with the how labor market areas are defined under the new rules that complicate certain terminology. There are areas which will experience a decrease in their wage index, but there are also areas which will experience an increase.

Panelists from Boyd and Nicholas, experts in the field of home health and Medicare reimbursement, will review the new Medicare reimbursement methodology and how it will affect Hospice agencies in this special 60-minute audio conference "Hospice Medicare Reimbursement Rates and the New 2006 Wage Index." The program is scheduled for Thursday, October 20, 2005 at 1:30 p.m. ET.

Agenda:
* Review of the CMS revised labor market and metropolitan core based statistical areas
* The changes to the Medicare hospice wage index that were proposed as a result of revised definitions of geographical statistical areas
* The new provisions brought about by the Medicare Modernization Act
* How the labor market areas are defined under the new rules
* Why some areas will experience a decrease in their wage index and other areas will experience an increase

How to Register:
To register for "Hospice Medicare Reimbursement Rates and the New 2006 Wage Index," visit http://www.healthresourcesonline.com/edu/hwgpr.htm, call (800) 516-4343 or email orders @ healthresourcesonline.com

The cost of the conference is $149 per site for those who register on or before October 12, 2005 and $185 after the early bird deadline. A CD will also be available for purchase for those unable to attend the live conference. For further details and other pricing options, visit http://www.healthresourcesonline.com/edu/hwgpr.htm.

About hopice letter
hospice letter has been published monthly since 1979. An essential tool for hospice managers, hospice letter stays on top of the most current challenges facing hospice executives, including legislative scrutiny, the short average length of stay, Medicare and Medicaid reform, discussions about physician-assisted suicide, managed care and integration.

Address: Health Resources Publishing, 1913 Atlantic Ave., Suite F4, Manasquan, NJ 08736; (732) 292-1100, www.healthresourcesonline.com

Contact: Sharon Sudol
Phone:(732) 292-1100, ext. 21

 

http://www.healthresourcesonline.com/edu/hwgpr.htm

 

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