Occupational adjustment of the prospective payment system wage index. From: Health Care Financing Review | Date: September 22, 1989| Author: Pope, Gregory C. | COPYRIGHT 1989 U.S. Department of Health and Human Services. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Occupational adjustment of the prospective payment system wage index

Introduction

In 1983, the Health Care Financing Administration (HCFA) began phasing in the prospective payment system (PPS) to compensate hospitals for their inpatient treatment of Medicare beneficiaries. Instead of the previous retrospective cost-based reimbursement, most hospitals are now paid a flat rate per discharge based on the patient's diagnosis-related group (DRG). Recognizing tha...

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