Charge Capture

The Role of the Hospital Chargemaster in Revenue Cycle Management

January 2, 2024 - The hospital charge description master, or hospital chargemaster, is at the heart of the healthcare revenue cycle, serving as the hospital’s starting point for billing patients and payers. A hospital chargemaster lists all the services and items provided to patients. The chargemaster captures the costs of each procedure, service, supply, prescription drug, and diagnostic test...

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