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Chargemaster Management

Ensure optimal revenue integrity of the charge description master (CDM) file with the most accurate and complete coding, compliance and best practice charging information delivered with a customized approach through chargemaster software tools and chargemaster consulting to provide CDM management for hospitals of all sizes.

 

  • Chargemaster Management Oversight
    Limited resources can significantly impact a hospital’s ability to successfully manage the chargemaster file. CDM advisors are available to manage the CDM request process. 
  • Chargemaster Management Comprehensive Reporting
    Customize and save multiple iterations of all chargemaster maintenance reports and include additional information from MedAssets databases including status indicator, AMA short, medium or long description and national charge percentiles.
  • Chargemaster Management Customizable Workflow
    Integrated CDM maintenance workflow allows users to request changes and additions to the chargemaster. It streamlines the complex CDM maintenance approval and tracking processes and provides managers with the necessary reports to improve hospital chargemaster maintenance processes. 
  • Chargemaster Management Transparent Pricing and Patient Accounting Interface
    CDM file comparative and strategic pricing analysis is delivered through built-in tools with a patient accounting interface to facilitate decision-making, pricing defensibility and revenue integrity.
  • Chargemaster Consulting Services
    Credentialed experts offer a broad spectrum of chargemaster and other consulting services, delivered with an individual approach to meet the specific needs and goals of your facility.
    • Chargemaster review and update
    • Chargemaster standard linking
    • Chargemaster development
    • Charge restructuring
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Improve your
Operating Margins

MedAssets improves
and sustains
operating margins
by 1.5% to 5%.

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Featured Case Study
Maricopa Integrated Health System
Maricopa eliminates deficiencies for both purchasing and revenue cycles of its business and calculates a net increase of over $300,000 based on strategic markup alone.  Maricopa was able to synchronize patient charges with cost for supplies, reveal non-item file and special order purchases previously slipping through the cracks, and reduce uncertainty in pricing.
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