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Three Ways to Improve Charge Capture
Charge capture software is essential to a hospital’s revenue cycle process. Below are three ways you can improve your charge capture with the help of MedCom Solutions. Educate Your Employees The first step to improving your charge capture is to ensure ...
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What is Chargemaster?
Chargemaster, also known as charge description master (CDM), is a list of all items billable to a patient or to a patient’s health insurance provider. Hospitals and physician practices utilize the Chargemaster to analyze service costs, volume, and revenue, making ...
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Accurate Billing Data Tops Mayo CFO’s List of Cost Containment Strategies
According to Mayo Clinic CFO Dennis Dahlen, who recently sat down with Becker's Hospital Review, the CFO role has morphed in recent years. Healthcare is changing rapidly, and CFOs are struggling to balance their traditional responsibilities with new strategic expectations. While ...
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