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In the United States, the chargemaster, also known as charge master, or charge description master (CDM), is a comprehensive listing of items billable to a hospital patient or a patient's health insurance provider. In practice, it usually contains highly inflated prices at several times that of actual costs to the hospital.
Proper revenue cycle management ensures that billing errors are reduced so that reimbursements from the insurance companies are maximized. Revenue cycle management teams are responsible for maintaining compliance with coding regulations, such as the ICD-10 code update. Using the right coding for services rendered by a practice ensures that ...
Sample dunning record, from a 1913 business manual. Dunning is the process of methodically communicating with customers to ensure the collection of accounts receivable . Communications progress from gentle reminders to threatening letters and phone calls and more or less intimidating location visits as accounts become more overdue .
A pay-for-delete letter is a written request sent to a creditor or collection agency asking them to remove a negative entry from your credit report in exchange for payment. The primary goal is to ...
Service level agreement penalties; Complaint handling; Field service labor and parts costs incurred due to warranty obligations; Equipment poor-quality cost Micrometers, voltmeters, automated test equipment (but not equipment used to make the product) Indirect poor-quality costs Customer-incurred cost Loss of productivity due to product or ...
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A naked man found in the crawlspace of a 93-year-old woman's home was arrested Friday, weeks after the family began to hear "strange noises."
A Catholic nun with the Sisters of Charity Institute in Milan was among 25 people arrested early Thursday morning for a litany of mafia-related crimes, including aiding and abetting extortion ...
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