Charge Monitor™ 

Charge Monitor™ is a unique charge capture analytical tool that combines claims edits with charge auditing routines to identify missing or erroneous charge capture.  Data is linked to Chargemaster items for in-depth analysis of root cause issues. This module is a separate application and sold separately from the ChargeAssist® Chargemaster software.

Hospitals know that charge integrity is often affected by multiple information systems, data elements, workflow processes, and system edits. Claims are the culmination of many actions and a variety of data sources. Many organizations periodically monitor charge and claims data outside of the claims processing workflow process to identify charging errors and revenue opportunities.

Benefits

  • Ensure accurate charge capture by auditing and monitoring claims and charge data in a single view
  • Reference integrated payment system information to analyze the impact of issues uncovered
  • Quickly identify potential lost revenue and quantify charge-related issues
  • Customize auditing rules for more efficient data analysis

 

 

*HFMA staff and volunteers determined that this product has met certain criteria developed under the HFMA Peer Review Process. HFMA does not endorse or guarantee the use of this product.