Creating a Defensible Pricing Strategy

Six Tips to Ensure Accurate Revenue Capture

In an era of tighter regulations and increased public scrutiny of health care costs, your health system must have a defensible pricing strategy. This requires linking what your organization pays for supplies and pharmacy items and other purchases with what patients are charged for services – a process that’s easier said than done. While challenging, integrating these two vital components of the revenue cycle is essential to your healthy financial performance.

Get our Executive Brief, Connecting what you charge to what you purchase – and why that’s important, for tips on improving your hospital chargemaster accuracy, driving improved revenue performance and supporting your defensible pricing strategy.

For more information on integrating Charge Description Masters (CDM), Item Masters (IM) and the pharmacy formulary, read our blog post.