Understanding the Chargemaster: Real World Case Study
Now that you have demonstrated a solid understanding of a hospital chargemaster’s system, let’s put our knowledge to practice! Review the below case study and responded to one of the questions below!
Real World Case
Reimbursement rules require that the chargemaster drives a facility’s charges. To receive the optimal reimbursement for services rendered, the chargemaster must be up-to-date and all-inclusive and must meet any payer rules and regulations.
The UMUC facility has decided to undergo a review of its chargemaster to ensure that it meets the above criteria. In addition to the comprehensive evaluation, one of the other objectives of the project will be to institute the procedures to ensure that all additions, revisions, and deletions meet the chargemaster standards. In a minimum of 250 words, respond to questions below. Once your material is posted, be sure to review and comment on at least two of your peers postings. Your initial post to the given topic of discussion should contain a minimum of 2–3 peer-reviewed references.
How could the facility measure the success of the chargemaster review project?