Chargemaster

For the British electric vehicle charging infrastructure company, see Chargemaster (company).

In the United States, the chargemaster, also known as charge master, or charge description master (CDM), is a comprehensive listing of items billable to a hospital patient or a patient's health insurance provider. In practice, it usually contains highly inflated prices at several times that of actual costs to the hospital.[1][2][3] The chargemaster typically serves as the starting point for negotiations with patients and health insurance providers of what amount of money will actually be paid to the hospital. It is described as "the central mechanism of the revenue cycle" of a hospital.

  1. ^ Rosenberg, Tina (July 31, 2013). "Revealing a Health Care Secret: The Price". The New York Times. Retrieved August 1, 2013.
  2. ^ Rosenthal, Elisabeth (June 2, 2013). "The $2.7 Trillion Medical Bill – Colonoscopies Explain Why U.S. Leads the World in Health Expenditures". The New York Times. Retrieved August 1, 2013.
  3. ^ Cite error: The named reference brill was invoked but never defined (see the help page).