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This variable is contained in the following files: Home Health Agency (Fee-for-Service), Inpatient (Fee-for-Service)
Short SAS Name
FINL_STD_AMT
SAS Name
FINL_STD_AMT

This amount further adjusts the standard Medicare Payment amount (field called PPS_STD_VAL_PYMT_AMT) by applying additional standardization requirements (e.g. sequestration).

Comments

This amount is never used for payments. It is used for comparisons across different regions of the country for the value-based purchasing initiatives and for research. It is a standard Medicare payment amount, without the geographical payment adjustments and some of the other add-on payments that actually go to the hospitals.

This field is new in October 2014. This field only applies to Inpatient claims.

Source: NCH