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 […]
August 9, 2017 | Category:
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Fear of Failing: Annual CDM Update Mistakes You Can Avoid She’d been on the job just two short weeks. Hired at the most prestigious health system in the region, and already on the brink of a major Revenue Cycle catastrophe. Claims were clearly going to error for every patient account that had charges needing January […]
July 31, 2017 | Category:
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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 […]
Self-Administered Drugs: Charge Master Compliance Checklist Does your hospital have adequate controls for addressing Medicare’s self-administered drug coverage restrictions? We have developed a Charge Management Compliance checklist to help our customers with this challenging area. When tackling Self-Administered drug billing compliance (also referred to as “self-administrable drugs” or “SADs”), many hospitals are amazed at the […]