ICD10monitor October 19, 2023
Introduction:
Welcome to the second article in our 10-week series on demystifying the chargemaster. In this inaugural installment, we will embark on a journey to unravel the complexities surrounding the chargemaster. By gaining a clear understanding of its core components and purpose, we lay the foundation for effective chargemaster management and optimization.
The Chargemaster Unveiled: Understanding the Core Components and Purpose
- Defining the Chargemaster: A chargemaster is a comprehensive and centralized database used in healthcare organizations, particularly hospitals, to store and manage the pricing, description, and coding information for primarily billable services and procedures provided to patients, with mapping to medications (found in the formulary system), and supplies (found in the inventory management system). It serves as a master...
Today's Sponsors
Today's Sponsor