chargemaster

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English[edit]

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Etymology[edit]

charge +‎ master

Noun[edit]

chargemaster (plural chargemasters)

  1. (US, healthcare) a comprehensive list maintained by a hospital of prices of goods and services it will bill to its patients and their respective health insurers.
    The patient faced bankruptcy because she couldn't pay off the hundreds of thousands of dollars accrued from her hospital bill, including a price from the chargemaster for a single acetaminophen pill at ten times the cost for the same pill over-the-counter at a pharmacy.
    • 2007, James C. Robinson, “Price Transparency Begins at Home”[1], Frontiers of Health Services Management, volume 23, number 3, American College of Healthcare Executives, pages 25-28: 
      Much ink has been spilt bemoaning that incomprehensible foundation of hospital cost accounting and prices, the redoubtable chargemaster.
    • 2008, T. Neil Davis, Mired in the Health Care Morass, Ester Republic Press, ISBN 0974922145, page 66:
      The higher the chargemaster markup over cost, the greater the potential for profit.
    • 2009, Peter Kongstvedt, Managed Care: What It Is and How It Works, Jones & Bartlett Publishers, ISBN 978-0763759117, page 212:
      What a hospital is actually paid by an MCO, Medicare, or Medicaid is rarely even close to what is listed on the chargemaster. In fact, only the uninsured are subject to those charges.
    • 2012, Peter Reid Kongstvedt, Essentials of Managed Health Care, Jones & Bartlett Learning, ISBN 1449604641, page 114–115:
      Of particular importance, other than in Maryland, hospitals are generally free to charge whatever they want in their chargemaster.
    • 2012 July 16, Bob Herman, “Report: Surgery Prices Vary Wildly at California Hospitals”, Becker's Hospital Review, ASC Communications, retrieved on March 4, 2013:
      California is a unique state in that all hospitals are required to submit a copy of their chargemasters, which the state then posts online for all consumers and patients to see.
    • 2013 February 20, Steven Brill, “Bitter Pill: Why Medical Bills Are Killing Us”, Time, Time Warner, retrieved on March 4, 2013:
      However, I quickly found that although every hospital has a chargemaster, officials treat it as if it were an eccentric uncle living in the attic. Whenever I asked, they deflected all conversation away from it. They even argued that it is irrelevant. I soon found that they have good reason to hope that outsiders pay no attention to the chargemaster or the process that produces it. For there seems to be no process, no rationale, behind the core document that is the basis for hundreds of billions of dollars in health care bills.

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