Tara Gillon – Importance of Performing an Annual Chargemaster Analysis | This Week in Surgery Centers
Here’s what to expect on this week’s episode. 🎙️
When was the last time you reviewed your chargemaster? If the answer isn’t “within the last 12 months,” the odds are high you’re leaving easy money on the table and underbilling.
Tara Gillon is the Chief Operating Officer at Serbin Medical Billing. She joins our host Nick Latz on this week’s episode to discuss the Importance of Performing an Annual Chargemaster Analysis. Here are a few highlights.
• There are several ways to develop your chargemaster, but most will build it based on a percentage of Medicare’s reimbursement.
• While the recommendation is to review your chargemaster annually, the reality is most ASCs rarely update theirs, which is a practice we want to move away from.
• You can perform the analysis yourself using a tool that is as simple (and free!) as Microsoft Excel or Google Sheets. After setting your sheet up once, the analysis only takes 5-10 minutes.
• Knowing your contracts inside and out is critical, as there might be increase limitations and other requirements.
Find the full episode on Apple Podcasts, Spotify, or YouTube to hear all the details!
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