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Saturday, May 16, 2009

always out of order

I would say that the first general rule of managing a Hospital's Chargemaster is to be aware that it will never be current.  This is important because you can put a lot of effort into it and then get blindsided 2 months later when your chargemaster is out of date.

Keeping this actual reality in mind will help you to make better decisions are you are setting up your revenue models.

Monday, May 11, 2009

Clarify Your Chargemaster

Hospital Revenue is tricky business.  Some may not think so (cough.... politicians.... cough), but making sure your Chargemaster is both legal and up do date is a full time job for many people.

I intend to change that. On this blog will be frequent postings about strategies you can use to keep your chargemaster up to date. It will also watch the industry to confirm any changes. And from time to time, professionals will be recommended that are worth the investment to save your organization money.