Tightening the chargemaster to prevent 'revenue leakage' - Healthcare Finance News
|
The typical hospital chargemaster, also called a CDM, tracks 15,000 line items. Each item is assigned a code representing a different service, procedure or product used in providing care to patients. The steady stream of changes to industry regulations, pricing and billing means any number of these codes can need to be updated at any time. No easy task. ... "The biggest challenge we have is establishing a complete and accurate charge capture," said Micky Allen, director of revenue integrity at UMC Health System of Lubbock, Texas. Allen's primary facility is the University Medical Center, a 412-bed public hospital affiliated with Texas Tech University's Health Sciences Center. "People don't realize how much money is being left on the table." Read the full story >> |
Related Stories
Noise-Induced Hearing Loss in Rural Adolescents
Leigh Ann Reel, Au.D., Ph.D., CCC-A, discussed the causes and prevention strategies for noise-induced hearing loss, particularly for adolescents in rural areas.
Willed Body Memorial Service Honors Those Who Donated
On Memorial Day each May, a service is conducted at the Texas Tech University Health Sciences Center Institute of Anatomical Sciences to pay respect to the Willed Body Program donors and their families.
Molecular Pathology Preceptorship: Unmatched Value and Experience
Ericka Hendrix, PhD, MB(ASCP)CM, Program Director and Associate Professor in the Master of Science in Molecular Pathology program in the School of Health Professions spoke about the program’s preceptorship.
Recent Stories
TTUHSC’s Affordable Medical Education Empowers West Texas Students to Serve
On Friday, July 25, students marked a defining moment in their journey at the White Coat Ceremony, symbolizing not only the start of their medical education but also their dedication to the communities that shaped them.
Transformative, Collaborative Gift to Accelerate Research on Urinary Tract Infections
Eliese Teasdale recently made a $975,000 gift to the TTUHSC School of Nursing to support ongoing research focusing on detection and treatment of urinary tract infections (UTIs) in women.
The Future of Health: Musculoskeletal Care for Expectant Mothers
Dr. Deborah Y. Edwards, PT, DPT, ScD, OCS, discusses musculoskeletal care during pregnancy.