What Role Does a Hospital Chargemaster Play in Revenue Cycle Management?

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2020-10-22 08:43 – 08:44 HMI Corp r1 – r9
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+ What Role Does a Hospital Chargemaster Play in Revenue Cycle Management?
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+ The hospital charge description master, or hospital chargemaster, communicates medical bills to payers and patients.
+ The hospital chargemaster plays a crucial role in revenue cycle management: it’s the heart of the healthcare revenue cycle. It’s the central point from which all billing gets sent to patients and insurers.
+ Organizations that fail to maintain the chargemaster face enormous problems. Poor chargemaster maintenance leads to revenue leakage. It can also lead to inaccuracies, non-competitive fees, and claim rejections.
2020-10-22 08:39 (unknown) r0
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