Advocate has eight hospitals, all of which were on a manual chargemaster. Wendi Accardi, director of CDM and revenue compliance for Advocate, had to go to each hospital and review the chargemaster line-by-line.
Ms. Accardi and Advocate made the switch to an automated management solution for their chargemaster, which has since created a smoother workflow. Two chargemaster analysts, one corporate analyst, a coding specialist and an operating room chargemaster analyst help maintain the system, ensure the codes are accurate and quickly perform chargemaster reviews across all hospitals to confirm codes are used appropriately.
More Articles on Chargemasters:
5 Ways to Leverage Data Mining to Build an Efficient Business Office
Private, Government Payors Are Top Financial Concerns for Hospital Executives
Reducing Hospital Revenue Leakage: Linking Your Hospital’s Item Master and Chargemaster
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
