Charge Master Development and Standardization Advantage™
Multi-hospital groups and tightly managed health networks face a unique challenge when trying to consolidate or streamline services horizontally. With different charge masters, the basic building blocks of activity between hospitals do not easily match up. In some cases, basic differences in the structuring of charge items prevent apple-to-apples comparisons across hospital lines.
Developing a standard charge master is a fundamental step in moving toward efficient multi-hospital operations. At CPI Experts, we approach the standard charge master as a “model of operations” for the group. We work with your entities to establish a single, accepted standard that supports the organization’s goals, culture, and operations.
Moving to a standard charge master does not need to be a daunting task. With the tools and expertise CPI Experts brings to the table, we help you design Medicare-compliant structures while working with department heads to ensure that each patient care area is well-supported. Next, we develop crosswalks between the old and new to assist clinical departments in implementing the new structures quickly. Finally, we accurately map all line items to CPT/HCPCS and revenue codes to ensure immediate compliance. Along the way, we evaluate structures for appropriate unbundling, clarify descriptions, remove unused charge codes, and eliminate zero-charge items.
The benefits of charge master standardization far outweigh the costs, and accrue similarly to hospitals large and small. Once implemented, a multi-hospital group is better able to operate globally—whether it’s providing patient care, negotiating managed care contracts, or arranging group purchasing. More information >