Conducting a Chargemaster Audit
PRE-RECORDED AUDIO CONFERENCE
Date: Thursday, August 30, 2012
Time: Request for replay on any day
Length: 60 Minutes
Speaker:Duane C. Abbey, Ph.D., CFP
Broadcast From :Tuesday, September 11, 2012
Broadcast End :Tuesday, September 11, 2012
Chargemasters Review: Get Expert Tips to Audit a Chargemaster
You may know that chargemasters are challenging, and can be a direct or indirect target for both government programs and private third-party payers. That’s why your hospital requires building a systematic and organized process to audit a chargemaster — particularly if it has to remain financially viable.
But you need not to worry! Get the best strategies for reviewing chargemasters from Duane C. Abbey, Ph.D., CFP and ensure all your compliance concerns are being met.
This action-packed event will help you:
Balance revenue optimization with maintaining compliance.
Focus on the kinds of policy decisions that are required to be made with the chargemaster in mind.
Discover whether to write chargemaster policies and procedures?
Know why revenue codes are so vague and how you must handle supplies, drugs, and injections.
Highlight these different kinds of chargemaster audits.
Get clinical personnel involved.
And learn to:
To Evaluate The Chargemaster As A Financial Tool
To Comprehend Statutory Compliance Concerning the Chargemaster
To Appreciate the Hospitals’ Contractual Obligations Concerning the Setup and Use of the Chargemaster
To Have an Organized Process to Review and Evaluate the Chargemaster
To Discuss The Many Compliance Concerns Concerning the Chargemaster (with Development of Pricing and Charges)
To Appreciate the Diverse Requirements Made By Various Third-Party Payers for Coding, Billing and the Chargemaster
To Evaluate Action Steps that Chargemaster Coordinators Can Take for Reviewing the Chargemaster and Make Improvements
Duane C. Abbey, Ph.D., is a management consultant and president of Abbey & Abbey, Consultants, Inc., which specializes in health care consulting and related areas. Abbey earned his graduate degrees at the University of Notre Dame and Iowa State University and has more than 20 years experience as a consultant. He performs various financial analysis, including business structuring, organizational development, enrollment, and other financially related concerns of an organization. Abbey's consulting engagements revolve around a combination of compliance reviews, Charge Master Reviews, APC audits, and revenue enhancement for hospitals and health systems. He also provides consultations to hospital and physician based clinics.
In addition to his consulting practice, Dr. Abbey teaches workshops and makes presentations on a regular basis. He has taught at the University level and speaks nationally. He is a regular presenter for hospital associations, medical societies, Boards of Trustees and various other organizations and groups. In addition, professional societies such as HFMA use Dr. Abbey's services to present seminars and workshops. Additionally, Abbey has published many articles in a variety of professional publications.