Today’s environment necessitates that healthcare CFOs and financial managers can explain, document, and defend the rationale behind their CDM prices. This whitepaper discusses why financial managers who previously had optimized their chargemaster prices or inherited irrational chargemasters should consider a hospital zero-base pricing initiative.
A nationwide analysis of hospitals’ case mix index trends and CC/MCC capture rates since the implementation of ICD-10.
Hospital leadership responsible for achieving financial goals that include revenue growth, expense management, and operating margins is facing the growing importance of chargemaster integrity. Ensuring that effective processes are in place for compliance with appropriate cost standards and principles will require more from leadership than before.
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