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Acute services - State of Illinois

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Shadow Pricing ModelsShadow Pricing Assumptions – Partial SFY 2013 Claim Data» To evaluate the new system using the most recent claims dataavailable (and as required by the SMART Act), HFS has re-priced92,093 SFY 2013 FFS claims under the Revised Model payment ratesand methodology› Claims with an admission dates starting July 1, 2012 and discharges dates on orbefore December 14, 2012» SFY 2013 claim reported payments reflect 3.5% SMART Act reductions› For comparison purposes, 3.5% SMART Act reductions applied to simulated newsystem payments› Simulated new system payments were compared to reported claim payments net<strong>of</strong> DSH, MPA/MHVA and LTAC add-onsPage 13

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