Testimony of
Vice-President,
Regarding
Proposed Value of the Capital Investment
Fund, 2007
Good morning, my name is
We appreciate being given an opportunity to review the proposal and the data that was used to calculate the value of the Capital Investment Fund for 2007. This is the third year that I have given testimony on the value of the Capital Investment Fund and as I reviewed my testimony from previous years it became clear that many of the problems that we have had with the calculation in the past persist today. I will not review all of my testimony from those previous years, but the fact remains that the effective size if the fund for 2007 is approximately $7.1 million - which is approximately .266% of the total net revenue of Maine hospitals and that is simply too small a percentage of total revenue to be an adequate Capital Investment fund.
In addition to the general concern that the formula produces too small a CIF, there are three other areas of specific concern that the Maine Hospital Association has with the way the value of the 2007 Capital Investment Fund has been calculated:
· Some of the factors in the formula used to establish the value of the Capital Investment Fund are inaccurate and artificially and inappropriately reduce the final amount of the CIF.
· The Department of Health and Human Services has not issued decisions on the 2006 small projects in time for the Governor’s Office of Health Policy to finalize the actual CIF amount.
· The decision to not carry over any credits from the previous year unfortunately reduces the size of the Fund even further.
Improper
Data Used in the Formula
The Maine Hospital Association continues
to have a much different view than the Governor’s Office on the most
appropriate method of adjusting the formula for the differences between
hospital costs in
rest of
DRG 105 Heart Valve Operations:
DRG 197 Gall Bladder Removal:
The use of the Medicare wage index
to measure hospitals costs, as is done in this formula, is inappropriate
because it penalizes the hospitals in
Another clear example of why the wage index should not be used in any of the calculations is Table 3 of the CIF memo which shows Capital Costs per Discharge (Adjusted for Wage Index & Case Mix).
|
Capital Costs Per Discharge (Adjusted for Wage
Index & Case Mix) |
|||||
|
|
2000 |
2001 |
2002 |
2003 |
2004 |
|
ME |
$414.14 |
$506.33 |
$468.29 |
$469.90 |
$484.02 |
|
NH |
$445.07 |
$545.62 |
$431.54 |
N/A |
$418.38 |
|
VT |
N/A |
N/A |
N/A |
N/A |
N/A |
|
MA |
$161.32 |
$153.31 |
$177.54 |
$144.25 |
$299.78 |
|
CT |
N/A |
N/A |
$369.20 |
N/A |
$320.73 |
|
N |
$423.16 |
$392.20 |
$463.75 |
N/A |
$384.81 |
|
NY |
$358.17 |
$384.17 |
$310.13 |
$356.44 |
$356.15 |
|
PA |
$321.77 |
$344.64 |
$361.99 |
$393.02 |
$432.34 |
|
RI |
$280.30 |
$255.88 |
$274.01 |
$288.43 |
N/A |
|
NE |
$281.22 |
$295.66 |
$309.46 |
$280.51 |
$391.85 |
|
Rural |
$404.39 |
$396.25 |
$407.54 |
$424.58 |
$431.33 |
|
|
|
|
|
|
|
|
Source: 2006 Almanac of Hospital Financial and
Operating Indicators, pages 281 and 282.
Ingenix, 2005. |
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Now compare the exact same information from the exact same source – the 2006 Almanac of Hospital Financial and Operating Indicators – WITHOUT the adjustments.
|
Capital Costs Per Discharge |
|||||
|
|
2000 |
2001 |
2002 |
2003 |
2004 |
|
ME |
$404.43 |
$438.95 |
$506.76 |
$450.42 |
$418.62 |
|
NH |
$521.03 |
$495.57 |
$497.27 |
N/A |
$492.92 |
|
VT |
N/A |
N/A |
$395.25 |
N/A |
N/A |
|
MA |
$234.19 |
$222.50 |
$218.02 |
$201.84 |
$274.85 |
|
CT |
N/A |
N/A |
$496.78 |
N/A |
$467.93 |
|
NJ |
$543.83 |
$495.72 |
$580.73 |
N/A |
$536.15 |
|
NY |
$467.81 |
$454.79 |
$399.11 |
$476.44 |
$501.63 |
|
PA |
$309.10 |
$345.65 |
$398.63 |
$381.11 |
$321.35 |
|
RI |
$435.89 |
$469.79 |
$379.97 |
$422.41 |
N/A |
|
NE |
$317.90 |
$329.70 |
$377.11 |
$352.18 |
$458.81 |
|
Rural |
$337.56 |
$338.69 |
$356.73 |
$358.25 |
$385.97 |
|
All |
$407.84 |
$394.49 |
$433.45 |
$400.31 |
$456.21 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Source: 2006 Almanac of Hospital Financial and
Operating Indicators, pages 278 and 279.
Ingenix, 2005. |
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As you can see,
I hope these examples lead you to
reconsider what measure you use to compare hospital costs in
Hospital Expense Per Capita:
Source:
Expense Per Adjusted Admission (no wage
index):
Source:
Failure of the Department
to Act on CON decisions in 2006
One of the notes in the
Carry over of Credits
from Previous Year
The last page of your notice indicates that you considered rolling the unspent balance from last year’s CIF into this year but chose not to. The amount of $178,549 is small, but we believe rolling the balance forward is important nonetheless and ask you to reverse this decision.
Finally I would note that the Maine Hospital Association continues to believe that the actual value of the Capital Investment Fund should be subject to the Major Substantive Rulemaking process and should properly be reviewed by the Legislature on a yearly basis as opposed to the approach that has been taken in the last three years.
Thank you, and I would be happy to answer any questions.