“Without the Craneware tools, I feel like in some areas we would be “blind.” Applications like Pharmacy ChargeLink and Supplies ChargeLink allow us to marry together data and analyze it simply and effectively. When there is an issue I need to contact support for, they respond almost immediately and I have a very high confidence it will be resolved.”
– Dayna Woerner, Revenue Cycle Integrity Analyst, Marin General Hospital
Improving Supplies Reimbursement
If your hospital or health system isn’t receiving all the reimbursement it legitimately should for medical/surgical supplies, it’s almost certainly because supply charges aren’t captured and billed correctly. The underlying cause is usually disparity among the purchasing, item master, and billing systems – and the resulting lost or incorrect data means revenue leakage in the supply chain.
Supplies ChargeLink® solves these problems by performing an automated review of your systems to find irregularities where codable medical-surgical devices have been bought but don’t appear in the chargemaster, or appear with the wrong charge, quantity discrepancies, or coding compliance problems. After identifying these issues, Supplies ChargeLink generates the reference data needed to fix them and improve charge capture. If your organization uses Craneware’s Chargemaster Toolkit®, users simply right-click to enter the corrected data into an automated workflow that rolls up to the chargemaster.
Linking Supply Chain and Revenue Cycle
Supplies ChargeLink optimizes reimbursement for codable supplies with its ability to:
- identify purchased supplies missing from the chargemaster
- correct missing or invalid coding information
- identify supplies where expected reimbursement is less than the purchase price
- identify possible charge-capture issues where an item’s purchase volume greatly exceeds the volume billed
By eliminating the inconsistencies that invariably exist between a hospital or health system’s item master and its chargemaster, Supplies ChargeLink helps ensure accurate pricing, coding, and billing of patient-chargeable supplies.
Supplies ChargeLink Implementation
Craneware Professional Services provides an implementation service for Supplies ChargeLink that ensures a quick return on investment and ongoing benefits with expert consultation and effective business process design.