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Charge-process strategies for outpatient prospective payment.
13M Health Information Systems Consulting Services, Atlanta, Georgia, USA. pmwolf1@mmm.com
Summary
Establishing an effective hospital chargemaster and charging process is crucial for success in the outpatient prospective payment system. Continuous monitoring and feedback mechanisms are key to maintaining accuracy and compliance.
Area of Science:
- Healthcare Administration
- Health Economics
- Medical Billing
Background:
- Operating successfully under the outpatient prospective payment system (OPPS) requires robust financial management strategies.
- The chargemaster and associated charging processes are central to revenue cycle management in healthcare settings.
Purpose of the Study:
- To outline essential strategies for developing and maintaining an effective charging process within the outpatient prospective payment system.
- To emphasize the importance of chargemaster assessment and ongoing monitoring for financial control.
Main Methods:
- Assessment of chargemaster coding and charge structure.
- Analysis of hospital department charge utilization.
- Development of a system for ongoing monitoring and maintenance of the chargemaster and charging process.
Main Results:
- Identification and correction of problems within the chargemaster and charging process are necessary first steps.
- A comprehensive monitoring system is required to sustain improvements.
- Effective feedback mechanisms to departments regarding charge process errors are critical for sustained accuracy.
Conclusions:
- An effective charging process, beginning with chargemaster accuracy and departmental charge use, is vital for outpatient prospective payment system success.
- Continuous monitoring and departmental feedback are essential components of a sustainable charge process management system.