Chargemaster

Highlighting Top Revenue Cycle Management Vendors By User Review

February 7, 2024 - Epic, Experian Health, and Waystar are just some of the revenue cycle management vendors performing well across various operations. The 2024 Best in KLAS Software & Services report highlights the top vendors in claims management, chargemaster management, patient financial engagement, and more. Claims Services Experian Health’s ClaimSource received the top overall performance...

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The Role of the Hospital Chargemaster in Revenue Cycle Management

by Editorial Staff

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...

Hospital Chargemaster Heavily Influences Cash Prices, Payer Rates

by Jacqueline LaPointe

While neither patients nor payers typically pay what hospitals charge for services, a new Health Affairs study finds that those hospital chargemaster rates still matter. Researchers at Johns Hopkins...

CO Supreme Court: Hospital Cannot Enforce $229K Surprise Bill

by Victoria Bailey

The Colorado Supreme Court has ruled that a woman is not liable for her $229,000 surprise bill from a Centura Health hospital, as the hospital did not disclose the amount to her before the...

Who Are the Top Revenue Cycle Management Vendors of This Year?

by Jacqueline LaPointe

Market research firm KLAS has released its top picks for healthcare software vendors based on evaluations from more than 23,700 software users from more than 4,500 healthcare organizations. This year,...

NYT Slams Hospital Price Variation After Price Transparency Rule

by Jacqueline LaPointe

Hospital price variation is widespread and much more noticeable now that CMS has enforced a price transparency rule, according to a recent report published in The New York Times. The national news...

Top 4 Hospital Chargemaster Management Challenges

by Jacqueline LaPointe

The hospital chargemaster is key to optimal reimbursement. The collection of standard prices for services and items used by a hospital determines how much providers should bill payers and patients for...

AHA Contests Study on High Hospital Prices for Privately Insured

by Jacqueline LaPointe

The American Hospital Association (AHA) is speaking out against a new RAND Corporation study that found private health plans pay 247 percent more, on average, than what Medicare would pay for the same...

Value-Based Care, Hospital Chargemasters Dominated 2019 Headlines

by Jacqueline LaPointe

A lot can change in a year. From innovative technologies and value-based care to hospital mergers and acquisitions and new competitors, the healthcare industry has undergone yet another year of immense...

AHA, Others to Sue HHS Over New Hospital Price Transparency Rule

by Samantha McGrail

The AHA announced its decision to sue HHS over the recently finalized hospital price transparency rule, which will require hospitals to disclose their payer-specific negated rates to consumers,...

Exploring Hospital Chargemaster Management Best Practices

by Jacqueline LaPointe

Recent healthcare price transparency rules have pulled back the veil on the hospital chargemaster, calling into question hospital chargemaster management best practices. Once considered a trade secret...

Top Hospital Chargemaster Management Vendors by Hospital Use

by Jacqueline LaPointe

The hospital chargemaster is the heart of the revenue cycle, capturing the costs of every billable service or item delivered at the organization. To keep the heart pumping, providers are turning to...

Healthcare Costs Vary Across and Within Metro Areas

by Jacqueline LaPointe

A new issue brief from the Health Care Cost Institute (HCCI) uncovers dramatic variations in the healthcare costs for individuals under the age of 65 years old with employer-sponsored health...

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