Career Builder: Charge Description Master (CDM)
Maintaining an accurate and compliant Charge Description Master (CDM), commonly referred to as Charge Master, can be difficult, costly, and time-consuming. For facilities to receive appropriate reimbursement, they need to continuously monitor and update charging practices, HCPCS Level I and Level II codes, revenue codes, and pricing for supplies and services provided. What complicates the maintenance of the CDM are the continuous amendments of government regulations, which can put the facility at further risk of being noncompliant and inaccurate.
RMU offers CDM training to cover the key areas that hospitals need to know for accurate CDM development and maintenance. Critical topics include:
- How to build a CDM line item
- Practical strategies for pricing
- How to create an audit trail
- Mapping and bill presentation strategies
In addition to excellent general strategies for CDM development and maintenance, attendees are taught specific and specialized service areas to be addressed. Also included is the CDM manual, which is provided to every attendee. Hospital services that are addressed include, but are not limited to, Emergency Department, Pain Management, Pharmacy, and Radiology.
See the Charge Description Master Course List for more information, or contact Revenue Management University, 760.448.1036, RMU@revenuemanagementuniversity.com to discuss solutions for your Charge Master!
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