R487PR1

Section 905.6, Inflation Factor, provides for calendar year (CY) inflation factors to update previous years’ reasonable compensation ranges.  The factor is from the cost category Professional Fees: Labor Related in the CMS Prospective Payment System Hospital Input Price Index.  The data in the Input Price Index is taken from actual data for the most recent year from the Employment Cost Index (ECI) for Professional and Related Services published by the Bureau of Labor Statistics.