Charge Description Master: The Heartbeat of the Revenue Cycle

Learning Objectives

•  Appraise current CDM challenges faced by health systems
•  Discuss why ongoing CDM maintenance is important
•  Illustrate how as needed CDM maintenance provides accurate and complete data

Overview

The Charge Description Master (CDM) is the heartbeat of the revenue cycle. Touching all parts of the revenue cycle, this important tool is necessary for patient scheduling, patient estimates, patient billing and payer negotiations. A properly maintained CDM ensures accuracy with services charged, compliance with Medicare regulations and receipt of appropriate reimbursement. This presentation will discuss how to maintain/update your CDM and its impact on the health of your revenue cycle.