cdm

5 Insider Tips for CDM Software Decisions

5 Insider Tips for CDM Software Decisions Looking for a new Charge Master tool? As compliance and revenue cycle teams become more sophisticated, they integrate CDM management products into their auditing, monitoring, collaboration, and problem solving. We interviewed seven CDM Coordinators for their recommendations on the software product selection process. This blog post includes common […]

Price Transparency “Round 2”– CMS Seeks Input

Price Transparency “Round 2”– CMS Seeks Input The CMS “Pricing Transparency” may be taking a more significant turn based on a proposed rule from March 4, 2019. The topic of hospital prices has now been intertwined with potentially expanding rules on “information blocking”. This article shares a section of the language from a March 4thproposed […]

Department CDM Update Internal Evaluation

This evaluation helps you assess where your facility is in the annual CDM Update process. Department CDM Update Internal Evaluation (Send to all Department Representatives involved in your annual CDM update process) Points           Quality/Frequency (as applicable) 1                    Bad 2                    Poor 3                    Fair 4                    Good 5                    Excellent 0 Not applicable Evaluation Questions ____       1. Orientation […]

CDM Transparency – 1Q19 Update 

CDM Transparency – 1Q19 update   The CMS “Pricing Transparency” regulatory requirements kept hospitals and their trusted consulting partners busy over the past few months. This article shares information on the current state of the industry, hospital needs, best practices, benefits of chargemaster software, and expectations for the future.   Where we are Today In […]

Price Transparency Requirements for Hospitals

Q&A from CMS Leaves Hospital Questions Unanswered H&A CDM Transparency Series CMS has provided more clarification on the requirements for hospitals with the charge transparency mandate effective 1/1/19. Since the release of our 9/4/18 article, we have presented to an HFMA chapter meeting, and participated in numerous calls with customers and business colleagues to hear […]

IPPS CDM Announcement: Tips for Hospital Action Plans

IPPS CDM Public Access Announcement Causing Confusion & Concerns: Tips for Hospital Action Plans In this H&A CDM Pricing Transparency Series we focus on IPPS CDM Public Access Regulations focusing on tips for hospital action plans. The migration towards full pricing transparency is clearly underway and appears to be here to stay. We have included […]

IPPS CDM Announcement: Part 1 New Medicare Rules

IPPS CDM Public Access Announcement Causing Confusion & Concerns: Part 1 New Medicare Rules With minimal guidance in the IPPS Final Rule, hospital teams are wondering how they should address expanded Charge Master publication requirements regarding price transparency coming in January. Many have concerns about anti-competitive and public relations impacts. Others are more focused on […]

Annual Update Processes: Build a Work Plan that Really Works

Annual Update Processes: Build a Work Plan that Really Works This is another article in our Annual Update Process series, designed to help with your health system’s Charge Master and other masterfile update plans for year-end. Proactive teams have already begun 2018 update planning. They have used our earlier articles for tips on planning, staffing, […]

CDM Management Strategies: Improving Charge Descriptions

CDM Management Strategies: Improving Charge Descriptions Part 1 – Charge Description Risks, Influences, & Improvement Strategies Does your hospital have a clear and definitive policy for charge descriptions? Hospitals and health systems are often challenged by how they should address billing descriptions. Updates are often low priority despite their importance. Let’s talk about the challenges […]

First Steps for 2018 Charge Master Update Success

First Steps for 2018 Charge Master Update Success Seasoned Charge Master owners realize the busy “Annual CDM Update” season is just around the corner. Everyone experienced in this effort will tell you that a staged, well-planned process ensures a successful January 1st conversion. Now is the time to establish your CDM update plan to prepare […]