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 ...
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 ...
MedCom has a strong history of providing services aimed at improving chargemaster data and the charge capture process. Collaborating with other firms to offer services that extend beyond the reach of our expertise can enhance the ...
Rather than trying to keep track of your transactions manually, you can save yourself time and stress with innovative charge capture software. By implementing these solutions, you can begin increasing profit and reducing ...
Running a healthcare facility can be a hectic process. This is especially true when it comes to keeping up with an endless number of charge codes for medical health services. The state of the healthcare industry, state and ...
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