We excel in Chargemaster reform for compliance and revenue generation.
Chargemaster Services
Improper maintenance can lead to an incomplete, inaccurate, outdated or noncompliant chargemaster, resulting in coding issues and revenue leakage and disrupting cash flow.
Cognizant has helped providers overcome chargemaster challenges with comprehensive, line-by-line reviews of their chargemaster, complemented by clear guidance on necessary modifications to ensure compliance and accuracy. We meticulously validate codes for all line items and review every department and specialty within our clients’ chargemaster.
By tailoring our offering to the client’s needs, Cognizant can deliver a one-time review, ongoing maintenance, or fully outsourced chargemaster services. Our unique blend of clinical and coding expertise, combined with our analytics-driven approach, has enabled Cognizant to develop a proven strategy for enhancing pricing transparency, optimizing billing and revenue collection and reducing high operating costs.
The Cognizant edge
- Multi-specialty expertise
- Timely and appropriate review and refresh of methodologies to ensure a more accurate and efficient billing and revenue cycle.
- Customizable chargemaster reviews by facility type:
– Facilities paid under OPPS
– CAH facilities with cost-based reimbursement from CMS
– Non-PPS facilities - Tailored solutions ranging from review and maintenance to and fully outsourced chargemaster services to meet the client’s billing and revenue collection needs
Highlighted Resources
Cutting-edge technology to help providers maintain compliance and improve charge capture.