Industry Notes:
Wage Index System Needs An Overhaul, MedPAC Indicates
Published on Fri Mar 17, 2023
Provider payment cuts aren’t the only topics MedPAC is tackling. In its March meeting, MedPAC contemplated reforming Medicare’s wage index systems. Among problems with the current systems is that “broad areas mask differences in labor costs within areas and create large differences across some adjacent areas,” according to the meeting presentation. MedPAC staff suggested a number of ways to fix [...]