Conducting a Chargemaster Audit

Event Information
Product Format
Prerecorded Event
Conference Date
Thu, Aug 30, 2012
90 Minutes
Product Description

These Expert Tips Will Put the Chargemaster—and Your Hospital — in the Clear 

You may know that chargemasters are complex, and can be a direct, or indirect target for both government programs and private third-party payers. That’s why your hospital needs to craft a systematic process to audit a chargemaster — especially if it has to remain financially viable. Get the expert tips you need from Duane C. Abbey, Ph.D., CFP. 

Bottom line, you have no other way to make sure that compliance concerns are being met. 

This session will help you:

  • Balance revenue optimization with maintaining compliance.
  • Highlight the kinds of policy decisions that need to be made with the chargemaster in mind.
  • Find out, whether to write chargemaster policies and procedures?
  • Discover why revenue codes are so ambiguous and how you should handle supplies, drugs, and injections.
  • Underline these different kinds of chargemaster audits.
  • Get clinical personnel involved.

Also, Learn:

  • To Review The Chargemaster As A Financial Tool
  • To Understand Statutory Compliance Surrounding the Chargemaster
  • To Appreciate the Contractual Obligations That Hospitals Have Concerning the Setup and Use of the Chargemaster
  • To Have A Systematic Process to Review and Evaluate the Chargemaster
  • To Discuss The Many Compliance Concerns Surrounding the Chargemaster Including Development of Pricing and Charges
  • To Appreciate the Very Different Requirements Made By Different Third-Party Payers for Coding, Billing and the Chargemaster


Who should attend? Chargemaster Coordinators, Billing and Claims Generation Personnel, Compliance Personnel, Patient Financial Management Personnel, Cost Accounting Personnel, Cost Report Personnel, Financial Analysts, Managed Care Contract Personnel, Revenue Enhancement Personnel, Chief Financial Officers, Chief Compliance Officers, Financial Planners, Internal Audit Staff, Utilization Review Staff, All Other Hospital Personnel Interested in Pricing

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About Our Speaker

Duane Abbey Hospital Coding & Compliance Expert

 Duane C. Abbey, Ph.D. is a management consultant and president of Abbey & Abbey, Consultants, Inc., which specializes in healthcare consulting and related areas. Duane earned his graduate degrees at the University of Notre Dame and Iowa State University and has more than 20 years of experience as a consultant. He performs various types of financial analysis involving business structuring, organizational development, enrollment and other financially related concerns of organizations....   More Info
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