In today’s competitive healthcare market, providers are under increasing pressure to net every dollar possible. Hospitals can no longer prosper without paying close attention to every aspect of capturing revenue, including the Charge Description Master (CDM). CBIZ has fused their proprietary computerized CDM review software with their professional hands-on consulting services to create a new automated CDM review and maintenance product that allows providers to maintain a quality CDM in both a timely and cost effective manner.
The key to the CDM Monitor service is the human element, which other strictly “computerized” approaches lack. Our service includes analyses and reviews by clinical staff, ensuring a customized approach that will meet the individualized needs of each provider. The CDM Monitor will provide you with:
- An initial automated review of the CDM to identify omitted codes, superfluous codes, coding inconsistencies and inaccurate Radiology modifiers.
- Continual maintenance of the CDM to identify areas of potential coding inconsistencies through quarterly computerized reviews of the current CDM and revenue and usage report.
- Direct reporting of identified inconsistencies to management, including coding changes, additions, deletions and revisions by our clinical consulting professionals.
- Timely notification and interpretation of new developments regarding changes to coding guidelines as issued by HCFA by our clinical consultants.
- Validation of charge levels through a yearly review of the charges on the CDM to the published APC rates adjusted for the provider’s mark up factor.
