Look Before You Leap…into Epic You may have heard the nightmare stories about revenue loss and charge issues related to Epic go-lives. But, Epic isn’t the problem. However, Epic does tend to magnify existing issues within the CDM ...
On January 1, 2021, CMS began implementing hospital pricing transparency requirements. Additionally, CMS released an article on December 18, 2020, in their MLN Connects Special Edition Newsletter indicating that they intend to ...
There are many challenges to managing supply charges in different facilities. For example, many business managers are concerned about devices being used but not charged and that some of their supplies are not assigned to the ...
A chargemaster is a comprehensive list of a hospital’s supplies, procedures, and services. Everything from prescription drugs to PPE to supplies for diagnostic tests has a unique listing in the chargemaster, making it a critical ...
In today’s economic environment, patients are more aware of healthcare costs and the entities that determine pricing. As such, there is a higher demand for accountability and assurances that consumers are paying for the care they ...
The best way to see where you are and plan where you’re going is by using a roadmap. It provides the granular information you need while also allowing you to simultaneously look at the big picture. That’s the role a comprehensive ...
PRICING TRANSPARENCY IS JUST AROUND THE CORNER Are you ready to meet the CMS Pricing Transparency requirements by January 1, 2021? Hospital pricing transparency is going to be critical and more regulated. If you have started or ...
When you work in healthcare, accuracy in charges is vital to maintaining your reputation and providing reliable charge capture services. That is why it’s essential to implement a charge capture software that can be customized and ...
The Chargemaster, or CDM, has been used as a simple database that stores charge codes for procedures, services, and supplies. Pretty handy for keeping track of expenses and patient expenses, but this database’s accuracy has come ...
Medical bills can be scary to look at and even more challenging to decipher. The charges made for different healthcare services, diagnoses, and medications can put a dent in our wallets that leave us staggered. That’s why ...
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