Corporate CDM Standardization for Hospital Systems
The importance of successfully managing a corporate charge description master (CDM) is arguably one of the most important steps in streamlining and centralizing revenue cycle operations across a health system with multiple hospitals.
AThis presentation will explore different approaches to corporate CDM maintenance and standardization found in modern health systems, and the advantages of disadvantages of keeping your hospitals’ CDMs independent, partially standardizing some aspects of the CDM, or bringing all facilities under the same corporate standard. We will cover key factors to consider and common problems in corporate CDM management, for example how to manage acquired hospitals that are using different HIS / EHR platforms, lack of clear ownership, and maintaining charge data visibility.
Revenue Cycle and Revenue Integrity Teams working with the Chargemaster in multi-hospital health systems.
After watching this educational webinar, attendees will have an understanding of:
- Different types of corporate CDM standardization models and their strengths and weaknesses
- How to create and efficiently maintain corporate CDM standard across multiple hospitals
- Common pitfalls to avoid when adding new hospitals into an existing standard