The hospital chargemaster is a critical revenue tool that needs to be monitored and updated continually. Chargemaster inaccuracies can result in rejected claims, inappropriate reimbursement, missed charges, under- or overcharging, and the potential for audits and fines due to compliance failures.
ChargemasterAnalyzer.com is a robust online solution that is updated monthly to help hospitals maintain an accurate and complete chargemaster for Medicare billing and compliance purposes. The result for hospitals is fewer denials and more accurate outpatient reimbursement under OPPS and APCs.
Features
& Benefits:
Automates the repetitive process of performing chargemaster code validation, data reviews, analysis and updates. Increases productivity of the CDM coordinator by automatically flagging potential coding and billing errors, lost revenue and compliance problems.
Automatic monthly updates provide the latest CPT® codes, HCPCS Level II codes, modifiers, CCI edits and payment rates. Quickly update your chargemaster and keep pace with complex regulatory, code and edit changes that affect the chargemaster.
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