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 into question over time. Given that new codes are updated on the CDM, it has left room for overlap and mischarges. That’s why Medcom Solutions offers Chargemaster management to ensure everything is coded correctly.
Hospitals could end up losing tons of money in lost and inaccurate charges. Your expected returns, or that of the patient’s health insurance, may not be as high as you were anticipating. Our company offers an in-depth analysis of both the Chargemaster’s recordings and the billing information to come up with precise and accurate details. We go through each case line-by-line to ensure the CDM Chargemaster has annotated can tell us if something was not coded properly. The codes are essential to ensuring the proper charges are made to the recipient.
Contact us today to learn more about our management services. We want to help you get accurate results for optimal charging. You can trust in our team’s ability to conduct highly accurate information analysis.
MedCom Solutions creates patented technology and state-of-the-art software to help medical service providers meet rapidly escalating and changing medical billing demands. Our Chargemaster, Pricing, and Compliance solutions have yielded hundreds of millions in net revenue for healthcare providers across the country. Learn more about our solutions or visit our homepage today!