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chargemaster

Syllabification: charge·mas·ter
Pronunciation: /ˈCHärjˌmastər
 
/
(also charge description master)

Definition of chargemaster in English:

noun

US
A list detailing the official rate charged by a hospital for individual procedures, services, and goods: the chargemaster is used to generate each hospital invoice [as modifier]: most insurance companies do not pay the standard chargemaster price that hospitals bill the uninsured
More example sentences
  • Reimbursement for many outpatient services are driven by the charge description master.
  • The structure and detail of chargemasters are hospital-specific and vary considerably among hospitals.
  • After all, as the hospitals themselves concede in downplaying their chargemasters, these insurance prices are the ones that affect most patients.

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