What is CDM in healthcare?
If revenue is the lifeblood of any health care provider organization, the charge description master (CDM) is its financial heart. The CDM contains the official rate charged by a health care health system, hospital or clinic for individual procedures, services and goods.
What is the CDM for hospital codes?
Charge Description Master
The Charge Description Master (CDM), sometimes called the Chargemaster or Procedure Code Dictionary, is the database of all billable items that go on patients’ accounts. It contains all the descriptions, revenue codes, department associations, alternate CPT/HCPCS codes for different payer….
What is CDM used for?
The Clean Development Mechanism (CDM) is a United Nations-run carbon offset scheme allowing countries to fund greenhouse gas emissions-reducing projects in other countries and claim the saved emissions as part of their own efforts to meet international emissions targets.
What is CDM in RCM?
Candidate Data Model (CDM): The xml required to define the application space to be captured when a candidate applies for an open position.
What is a master patient index MPI and how is it used?
A Master Patient Index (MPI)—also referred to as a patient master index, patient registry, or a client registry— is an electronic database that holds demographic information on every patient who receives healthcare services. The MPI aims to accurately match and link records by uniquely identifying individuals.
What is a Revenue Code in healthcare?
In short, Revenue Codes are descriptions and dollar amounts charged for hospital services provided to a patient. The revenue code tells an insurance company whether the procedure was performed in the emergency room, operating room or another department.
What are the key elements of the CDM?
Terms in this set (7)
- Charge description. The charge or item description identifies the procedure, service, product (including medications), or other items provided to a patient.
- Procedure, Service, or Product code.
- Revenue code.
- Department code.
- Charge code.
- Charge.
- Charge status.
How is hospital pricing determined?
Hospitals and health systems utilize charge-masters to bill their patients for services provided by them. The charge for each service is identified by charge-master code. Services provided to the patient are recorded in the patient’s chart with the total bill for that patient based upon each of these services.
What is CDM in India?
Clean Development mechanism (CDM) is a way to reduce Green House Gases emissions (i.e. GHGs emissions) through efficient and sound technologies. It is an opportunity not just for CDM but for long term sustainable development of the nation. TRAI recommendations on the subject are available in their website.
How does the CDM work?
The Clean Development Mechanism (CDM), defined in Article 12 of the Protocol, allows a country with an emission-reduction or emission-limitation commitment under the Kyoto Protocol (Annex B Party) to implement an emission-reduction project in developing countries.
What is CDM Master?
The chargemaster, or charge description master (CDM), is a database that contains a comprehensive listing of items that could produce a charge. Broadly speaking, the chargemaster includes charge data about: Procedures and services provided by hospital personnel and supported by hospital facilities.
What should a CDM audit check for?
Designing an Audit The main goal of any CDM audit is to validate accuracy and consistency to support claim submission, compliance, and the revenue cycle.
What does the Department number mean on a CDM?
The data in the CDM describes the nature and price of services provided. Refer to the figure below for some examples, and we’ll go column by column and discuss each data field. The department number reflects the department from which the service, drug, or product was supplied to the patient.
Who is responsible for the maintenance of the CDM?
An often-overlooked area of CDM maintenance is external ancillary systems, which are not directly part of the CDM but do interface with the patient accounting system (e.g., lab, radiology, and pharmacy). This extra complexity is why maintaining the CDM should be a shared responsibility between the CDM analyst/manager and the clinical department.
What does a charge description master ( CDM ) mean?
When billing hospital services, it’s important to know the fundamental elements of the Charge Description Master (CDM). Here’s guidance to ensure your CDM is correct and compliant to keep your hospital’s financial livelihood strong. CDM, commonly referred to as the “Charge Master” or “CDM,” is the heart of a hospital’s cash flow.