WCD Issues Updated Hospital Cost/Charge Ratios

The Oregon Workers' Compensation Division on Monday updated its adjusted cost/charge ratios for hospital inpatient and outpatient services that take effect on Oct. 1.The updated cost/charge ratios are used to calculate allowable charges for services provided between Oct. 1, 2011, and March 31, 2012. Payments are calculated by multiplying the total bill by the cost/charge ratio for each of the state's 58 hospitals.Rural hospitals are excluded from the adjusted cost/charge ratio and are reimbursed at 100% of the billed costs for services.The updated Bulletin 290, which replaces Bulletin ...