Gain Control of Your Chargemaster
Many rural and community hospitals struggle with the difficult task of keeping their chargemaster updated, even though it is the foundation of their revenue cycle process.
Our web-based Pricing Dashboard helps hospital leaders establish a defensible pricing strategy while eliminating errors and maximizing pricing integrity.
Get More from Your Data
The dashboard identifies the pricing issues and opportunities in your chargemaster, quickly seeing where money is being left on the table.
It includes the following key features to aid your analysis:
CDM Dashboard
View & filter your uploaded CDM data
Price Check
Evaluate the prices of individual codes
What-If Analyses
Model scenarios of potential financial impact
Data & Reports
Quickly generate simple, targeted PDF reports by department
Specific sections of the dashboard allow users to easily identify charges priced below Medicare fee, missing or invalid CPT/HCPCS codes, and multiple prices for the same CPT code.
Review Findings with Our Experts
Our team of Revenue Cycle Advisors reviews the results with your revenue cycle team and evaluates your patient-centric, defensible pricing strategy. Working together, we can assist with missing, invalid, or duplicate codes, and reduce inefficiencies in your processes, to ensure that you are getting reimbursed by insurance in a timely manner.
To get started with our Pricing Dashboard, reach out to schedule a demo with our team.
Resolving Chargemaster Errors to Recover Missed Revenue Opportunities
Read Case StudyCase Study
The Strategic Pricing Dashboard Analyzes
Missed Opportunity
The financial impact of adjusting CPT/HCPCS codes priced below CMS Fee Schedule
Price Harmony
The financial impact of adjusting CPT/HCPCS codes with multiple prices in the chargemaster to standard price
CMS Factors
Financial impact of adjusting departmental prices to reflect a standard multiple of the current CMS Fee Schedule
Volume Changes
Financial impact of increasing or decreasing current volumes using existing price structure
Pricing Changes
Financial impact of increasing or decreasing pricing structure using current volumes
Price Check
Our Price Check lets you evaluate your pricing. Just enter a CPT Code and compare your pricing to the CMS Fee Schedule Rates for both technical and professional. Stroudwater analyzes prices for a national cohort of hospitals so you can compare your performance against industry peers.
