Chargemaster optimization
You rely heavily on your chargemaster, and it has a significant impact on your organization’s financial health. Due to the complexities of the charging, you may be missing out on billing opportunities, while creating pricing inconsistencies and posting low- or no-volume items. These inefficiencies need to be corrected for your facility to collect the revenue it deserves and remain compliant and competitive.
Our team can:
- Assist you with your yearly updates
- Provide education to your staff on overall chargemaster maintenance
- Develop chargemaster items for new products and services
- Ensure medical necessity through compliant chargemasters
- Help you capture all earned revenue due to your institution
- Work with your chargemaster software to maximize its benefit
We can also develop on-site customized education.
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RAC Readiness
Despite a delay because of contractor protests, RACs are inevitable, and the burden now falls on your facility to protect your reimbursement dollars. Discover tips and strategies to combat denied claims. Learn what to expect when RAC comes to your state, how to track your RAC claim process, craft an appeals process, select your RAC team and avoid denials in the first place. Learn more about our January 6 audio conference.
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Injection and Infusion Coding and Billing
Many hospitals continue to struggle with reporting injection and infusion services accurately and completely. Issues such as reporting start and stop times, selecting the initial service, and dealing with Medically Unlikely Edits are just a few of the issues with which hospitals still struggle. Our speakers will share what they consider to be best practices for documenting infusion time, reporting drug administration services that cross the midnight hour, and charging for services in the inpatient and outpatient setting, among others. Learn more about our January 20 audio conference.
