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Take control — safeguard your revenues and compliance!
Of all hospital service lines, the pharmacy has the most neglected chargemaster. Why? Because it’s complex — each pharmacy chargemaster may contain up to 30,000 line items — and difficult to understand. Compounding the issue, there are no clearly defined responsibilities for pharmacy chargemaster maintenance. Among the unfortunate consequences: denied or delayed claims, Medicare paybacks and missed revenue opportunities. You need to take control of your pharmacy chargemaster, and this webcast seminar will get you started down the right path. Highlights:
- Why the pharmacy chargemaster is so difficult to manage, particularly related to the lack of coordination between the clinical and billing accounts receivable (BAR) systems
- Revenue and compliance implications of coding and billing errors directly related to inadequate chargemaster management
- Telltale signs of a neglected chargemaster, including charges that don’t map from the chargemaster to the formulary and an inability to reconcile payments
- Proven techniques for chargemaster management that will help ensure accurate billing and charge capture
- Tools and resources to support you: automated chargemaster management solutions, web-based resources and decision support systems
- Case examples, derived from real-life audits, to reinforce the need for prompt intervention
- 30-minute Q&A session — your opportunity to get answers to the most frequently asked questions
About our presenter
This MedLearn webcast is presented by Randy Wiitala, BS, MT (ASCP), a MedLearn senior healthcare consultant since 1991. His areas of expertise include chargemaster review and management for critical access and OPPS hospitals, revenue assurance, and regulatory compliance. Mr. Wiitala contributes to a variety of MedLearn publications and electronic products that help providers maintain revenue streams and regulatory compliance for pharmacy, respiratory therapy and laboratory services. His professional career includes experience as a medical technologist in rural and urban hospitals, marketing manager for a Fortune 500 pharmaceutical company and product development/regulatory affairs specialist with a multinational diagnostics testing firm.
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Sales of MedLearn webcasts, when accessed online, are final; no returns are accepted. Webcasts purchased on CD may be returned for a refund within 30 days of purchase, as long as the CDs are in their original condition and packaging.
Access privileges
MedLearn webcast seminars are intended for personal or single-department use and may not be rebroadcast or otherwise disseminated. Other organizations, as well as departments or facilities within the same healthcare organization, must purchase the webcasts separately.
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