Capturing charges properly is a critical process to
providers. It drives contract negotiation, billing, and cost
containment initiatives. Proper charge capture is a necessary
step in compliant and patient friendly billing.
A Charge Capture Process should be paramount
to a provider’s revenue cycle management program to keep its integrity.
Providers should be conducting routine assessments of the charge
capture process, weaknesses should be operationally fixed, and routine
audits should be made to validate the fixes.
Consulting Solutions, Inc. (PCS) can help. PCS offers a full
range of services and tools to identify and address
charging, billing, and coding issues.
Our Sentinel™ software products target potential charging, coding, and compliance problems through a series of focused edits and reports based on our extensive field experience and knowledge base of coding and reimbursement rules. Appropriate reimbursement starts with appropriate Charge Capture:
- Analyze the entire revenue cycle process from admission
- Identify potential vulnerabilities
- Screen Charge Description Master (CDM)
- Conduct department surveying and interviews
- Review Order Entry/Encounter forms
- Verify remittance