| |
Charge Master Accuracy
and Performance Analysis
S/T Health Group pioneered the practice of contract price integrity verification in 1998, helping hospitals recover previously hidden costs in the pharmaceutical supply chain. Today, our business reflects the ever-growing complexity of the hospital pharmacy market, with an emphasis on consultative services that provide big-picture solutions to procurement and management issues.
Our extensive staff background in the pharmaceutical industry and hospital pharmacy operations gives S/T Health Group a unique perspective on the challenges you face. Our pharmacy and supply chain knowledge and insight is unbeatable; our strong working relationships with all of the major drug wholesalers and manufactures are unmatched. Our service has been proven in hospitals and healthcare systems across the U.S., with millions of dollars in cost savings captured.
Combining our expertise in charge master maintenance with our pharmaceutical purchasing analysis technology, we offer a comprehensive solution for pharmacy charge master review and maintenance. We compare charge descriptions to actual purchasing history, assess patient pricing against current acquisition costs, ensure accuracy between ancillary billing systems and the charge master and verify compliance with current CMS, HCPCS, and APC coding to ensure maximum reimbursement where possible.
BENEFITS:
- Full turnkey service
- Compare charge descriptions to actual purchasing history and assess patient pricing against current acquisition costs
- Ensure accuracy between ancillary services and the CDM
- Verify compliance with CMS, HCPCS, and APC coding
- Help you manage risk by ensuring accuracy in patient billing
- Maximize revenue by aligning prices with actual costs and assuring correct HCPCS coding
This service provides risk avoidance through ensuring accuracy in patient billing and provides revenue maximization by ensuring that patient pricing is aligned with current actual costs and that HCPCS coding is correct to ensure maximum reimbursement where possible.
|
