{"id":112507,"date":"2021-06-15T07:48:54","date_gmt":"2021-06-15T07:48:54","guid":{"rendered":"https:\/\/www.healthbenefitstimes.com\/glossary\/?p=112507"},"modified":"2021-06-15T07:49:55","modified_gmt":"2021-06-15T07:49:55","slug":"wage-index","status":"publish","type":"post","link":"https:\/\/www.healthbenefitstimes.com\/glossary\/wage-index\/","title":{"rendered":"Wage index"},"content":{"rendered":"<p>A component used by the Health Care Financing Administration (HCFA) in adjusting payments (prices) under the Medicare prospective payment system (PPS). The wage index is derived by HCFA starting with data supplied by hospitals in response to a questionnaire; it takes into account normal work hours, as well as part-time and overtime work hours.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A component used by the Health Care Financing Administration (HCFA) in adjusting payments (prices) under the Medicare prospective payment system (PPS). The wage index is derived by HCFA starting with data supplied by hospitals in response to a questionnaire; it takes into account normal work hours, as well as part-time and overtime work hours. &nbsp;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-112507","post","type-post","status-publish","format-standard","hentry","category-w"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wage index - Definition of Wage index<\/title>\n<meta name=\"description\" content=\"A component used by the Health Care Financing Administration (HCFA) in adjusting payments (prices) under the Medicare prospective payment system (PPS). 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