May 20, 2019 | Category:
CDM Management Ideas | Tags:
cdm,
CDM Maintenance,
CDM Management,
CDM software,
cdm tools,
Charge Master Maintenance,
Charge Master software,
charge master tools,
chargeassist,
Chargemaster software,
chargemaster tools,
evaluate,
Evaluation,
HMFA Peer Reviewed,
licensing,
Peer Review,
Peer Reviewed,
product selection,
renewal,
revenue cycle management,
team,
terms,
vendor
This blog post includes common challenges as well as the best five 'Insider Tips’ for a more proactive approach when selecting a new CDM tool.
February 14, 2019 | Category:
CDM Management Ideas | Tags:
2019 Final Rule,
2019 Inpatient Prospective payment system Final Rule,
2019 IPPS FR,
annual,
annual charge master updates,
annual chargemaster updates,
cdm,
CDM Management,
CDM Pricing,
CDM Publication,
charge,
Charge Master,
Charge Master Maintenance,
Charge Master publication,
Chargemaster,
Chargemaster publication,
hospital pricing,
hospital pricing transparency,
public chargemaster,
Transparency
This article shares information on the current state of the industry, hospital needs, best practices, benefits of chargemaster software, and expectations for the future.
February 11, 2019 | Category:
CDM Management Ideas | Tags:
CDM Maintenance,
CDM Management,
CDM Pricing,
CDM update performance,
Charge Management,
Charge Management evaluation,
Charge Master Maintenance,
Charge Master updates,
chargemaster updates,
Evaluation,
hospital pricing,
internal pricing analysis,
Performance Improvement
On January 1st, hospital and other healthcare provider claims annually fall under new coding and payment rules. We’ve compiled a checklist of several key tasks to help ensure complete implementation of the annual 1st quarter's CDM updates, and readiness for the other important, yet smaller quarterly updates.
Charge Master “Spring Cleaning” Tips Now that the 1st quarter of 2018 is behind us, it’s time to revisit your organization’s Charge Management priorities. Here are seven easy “Spring Cleaning” tips that result in dramatic, strategic improvements. I. Identify Charge Management Priority Issues All Charge Master Teams tell us they face a constant barrage […]
November 2, 2017 | Category:
CDM Management Ideas | Tags:
annual,
annual cdm updates,
annual charge master updates,
annual chargemaster updates,
annual update processes,
assessment,
audit,
cdm,
CDM Maintenance,
CDM Management,
CDM Pricing,
cdm update processes,
charge,
Charge Master Maintenance,
process improvement
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, […]
September 18, 2017 | Category:
CDM Management Ideas | Tags:
cdm,
cdm descriptions,
CDM Maintenance,
CDM Management,
charge,
charge descriptions,
charge master descriptions,
Charge Master Maintenance,
chargemaster descriptions,
code,
hospital
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 […]
August 1, 2017 | Category:
CDM Management Ideas | Tags:
assessment,
cdm,
cdm charge management assessment,
CDM Maintenance,
CDM Management,
CDM Pricing,
cdm team,
charge,
charge management assessment,
Charge Master Maintenance,
Charge Master Pricing,
charge master team,
Chargemaster Pricing,
chargemaster team,
coding,
department,
hospital pricing,
management
Charge Management Assessment Periodic assessments help health systems evaluate their charge and CDM Management processes, and refine their organizations’ unique priorities. The assessment that follows can be performed prior to and periodically following process improvement work to quantify charge management success. Charge Management teams can apply common risk management concepts for assessing their organizational charge […]
July 31, 2017 | Category:
CDM Management Ideas | Tags:
cdm,
CDM Maintenance,
CDM Management,
CDM Pricing,
charge,
Charge Master Maintenance,
Charge Master Pricing,
Chargemaster Pricing,
data,
healthcare,
hospital,
hospital pricing,
hospital pricing news,
hospital pricing transparency,
internal pricing analysis,
pricing,
pricing audit,
processes,
program
Hospital Prices in the News: 10 Tips Poor communication on pricing can undermine patient loyalty and community support. The recent Modern Healthcare article “Stricter Chargemaster Regulations Needed to Rein in Healthcare Pricing” may have already caused ripples in the boardroom. It’s important to know what the press is saying, and communicate proactively about your pricing […]