Average Hourly Wage Calculator (includes Occupational Mix AHW Calculator)

Dynamic List Information
Dynamic List Data
Title
Average Hourly Wage Calculator (includes Occupational Mix AHW Calculator)
Year
2008
Type
Calculator
Description
This spreadsheet contains three tabs. The tab titled "AHW Calculator" can be used to calculate a hospital's Average Hourly Wage (not adjusted for occupational mix) using the hospital's wage data from Worksheet S-3, Parts II and III of the Medicare cost report. This calculator includes salaries and hours for overhead contract labor (lines 9.03, 22.01, 26.01, and 27.01 of Worksheet S-3, Part II). The tab titled "Occ Mix Calculator" demonstrates how to calculate a provider's occupational mix adjusted AHW for FY 2008 in accordance with CMS-1488-N, issued on October 11, 2006. The tab titled "Inflation Factor Table" is a list of inflation factors that should be used in conjunction with the "AHW Calculator" tab to calculate a hospital's Average Hourly Wage.