With the updates to inpatient rates, reduction in labor-related share, expansion of the post-acute transfer policy, adjustments for coding changes, market basket update, and change to the outlier threshold, there is an abundance of new information for healthcare executives to grapple with. The new Medicare policies and payment rates became effective October 1, 2005.The aggregate payments to acute care hospitals in fiscal year 2006 are projected to increase by $3.33 billion over FY 2005.
There will be an increase of over $1 billion due to payment rate and policy changes and the remaining $2.3 billion is due to anticipated increases in inpatient services and increases in the case mix, according to CMS.
Looking for a comprehensive summary of the changes to help you make sense of it all?
Join the reimbursement experts of BESLER Consulting, a leading advisory firm in healthcare financial management and operations, to get a better understanding of the new Medicare methodology and how it will affect your hospital in this special 90-minute audio conference on CD-ROM.
Management Briefing: Medicare FY 2006 Reimbursement Changes
Presenters:
Tina Ford,
Sr. Manager, BESLER Consulting
Scott Besler,
Manager, BESLER Consulting
Listen in to this program for a review of the Medicare Budget FY 2006 changes affecting acute care hospitals, post acute care, skilled nursing facilities, inpatient psychiatric, partial hospitalization, and Medicare managed care including:
Agenda:
- Inpatient Acute Care General
- Inpatient Rehabilitation (IRF)
- Inpatient Psychiatric
- Skilled Nursing Facility (SNF) Proposed FFY 2006 - Outpatient PPS
- Inpatient PP (DRG Revisions, Postacute Care Transfer Payment Policy, Postacute Care Transfer Settings)
- Wage Index ( Wage Data, Geographic Areas, FFY2005 vs FFY2006 Wage Index, Imputed Rural Floor, Occupational Mix, Out Migration Adjustment, Geographic Reclassifications, FFY2007 Open Window, Inpatient Rehabilitation (IRF), Inpatient Psychiatric (IPF), Skilled Nursing Facility (SNF) )
- Inpatient PPS Medical Education (Payments to Hospitals for Medical Education , FTE Resident Count, Rolling Averages, Medicare Managed Care Enrollees)
- Inpatient PPS Disproportionate Share (Dual Eligible/Exhausted Benefit Days, Medicare + Advantage Days, Projected Effects, SSI Calculations, FFY vs Hospitals cost report year)
- Live Question and Answer Session
Register Today!
Who Will Benefit From This Audio Conference?
CEOs, COOs, CFOs, vice president of finance, director of reimbursement, vice president of operations, strategic and implementation consultants, operations executives, executive directors, team leaders, planners, product managers, knowledge managers, department heads, medical directors, director of managed care, director of contracting, network development and provider services directors, strategic planners, healthcare management, TPAs, network managers, physician practice management, company executives, medical management directors, PHO and IPA leadership, analysts, implementer consultants, account services and administration executives.
About Healthcare Reimbursement Monitor
Healthcare Reimbursement Monitor is an independent monthly newsletter providing the full breadth of coverage of news and information relating to how your organization gets paid. It includes the latest details of actions taken or proposed in Washington concerning changes to the BBA; updates on Medicaid and Medicare budget and reimbursement issues; and reimbursement news for hospital operations executives as well as top financial management. It also includes collective thinking of some of the nation’s leading healthcare reimbursement specialists and consulting firms; what they are suggesting, strategies, actions you can take, news of survey results, special studies and reports.
