Succeed with Internal Pricing Analysis: Part 3. Avoid Pricing Analysis Pitfalls In Part 1 of our “Succeed with Internal Pricing Analysis” series, we outlined strategic planning tips to help your in-house pricing project run smoothly. Part 2 provided examples of analytical options. This is our final article of this series and addresses risks to avoid. […]
Succeed with Internal Pricing Analysis: Part 2. Fundamental Audit Protocols As budgets tighten and consulting investment is scrutinized, many health systems are internalizing pricing analyses and updates. Using ChargeAssist®, proactive customers analyze and monitor prices to: Support compliance with payer or state limitations on pricing updates Identify prices that have an extreme variance to […]
Succeed with Internal Pricing Analysis: Part 1. Have a Plan & Set Parameters “Succeed with Internal Pricing Analysis” Series Overview: In this three-part series, we will share strategic planning ideas, identify fundamental audit protocols to consider when defining your pricing analysis, and outline specific risks to avoid when performing internalized pricing studies. This article focuses […]
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 […]
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,
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Chargemaster Pricing,
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managementCharge 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,
programHospital 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 […]
