ICD10monitor December 7, 2023
Introduction:
Welcome to the ninth article in our 10-week series on demystifying the chargemaster. In this installment, we delve into the benefits of establishing a chargemaster review committee and how it can support collaboration, accountability, and ongoing improvement in chargemaster management. By bringing together key stakeholders and creating a structured committee, healthcare organizations can ensure a comprehensive and coordinated approach to chargemaster maintenance.
Establishing a Chargemaster Review Committee: Collaborative Excellence in Chargemaster Management
- Multidisciplinary Expertise: A chargemaster review committee comprises individuals from various departments, including finance, coding, clinical areas, compliance, charge capture, and revenue cycle management. Each member brings their unique expertise, ensuring a comprehensive evaluation of chargemaster components such as codes, pricing, compliance, and operational considerations. The committee’s...