Chargemaster - Pricing and Compliance
Your Charge Master is literally the life-blood of your organization. If charges and codes are not present or accurate, the service cannot be billed or billed properly,
We will complete a competitive pricing study with a comparison of peer benchmarks and applicable payer reimbursement to help prevent money from being left on the table. Pricing strategies can be discussed and internal consistencies will be reviewed. Our focus here is revenue maximization and preventing revenue leakage.
We can also review your charge master for compliance, looking specifically at code validity, accurate system mappings such as departmental and revenue code assignments, accuracy of narratives, missing codes within applicable code ranges, etc.
Along with the completion of a competitive pricing study and compliance review, we can also manage the charge creation process.