Innovative solutions to REDUCE REVENUE LEAKAGE and IMPROVE PRICE TRANSPARENCY
We excel in Chargemaster reform for compliance and revenue generation.
Chargemaster problems with coding, underpayments, missed charges, billing delays and edits or claim denials can cause compliance issues and limit your reimbursement and cash flow. We provide your organization with a dedicated team of consultants who provide a line-by-line review of the chargemaster and provide direction on modifications to ensure compliance and increase cash flow and revenue by validating the codes for all line-items and reviewing 100% of the departments/specialties within the Chargemaster. We offer review, maintenance and fully outsourced chargemaster services to meet the needs of your organization.
Our unique combination of clinical and coding expertise supported by our analytics-driven solution has allowed us to develop a proven strategy for optimizing billing and revenue collection, reducing high operating costs and providing price transparency. Our Chargemaster Review projects have achieved a minimum 300% ROI.
The Cognizant Edge
- Multi-specialty Expertise
Expertise and representation in a vast arena of specialties along with sound foundation in revenue integrity.
We customize our Chargemaster Reviews by facility type:
– Facilities paid under OPPS
– CAH facilities with cost-based reimbursement from CMS
– Non-PPS facilities
- Intelligent Technology
Cognizant’s advanced technologies are a result of deep domain expertise and an insatiable drive to modernize the RCM ecosystem, so results keep getting better.
- Constant Review and Refresh
With the constantly changing healthcare landscape, timely and appropriate review and refresh of our methodologies ensure a more accurate and efficient billing and revenue cycle.
- Revenue Focus
We offer review, maintenance and fully outsourced chargemaster services to meet the billing and revenue collection needs of your organization.