Revenue Capture Policy: Patient Accounting
Healthcare Financing Procedures for Patient Accounting and Revenue Capture
This policy aims to ensure that appropriate charges for a company’s supplies and/or services are recorded and posted to the patient accounting system completely, accurately, timely and consistently across all facilities.
In this sample, company personnel own and maintain the centralized charge description master (CDM) in the patient charge capture system to ensure that complete and accurate charge captures occur. Each facility department is responsible for maintaining a complete, accurate and up-to-date charge sheet based on the CDM.