Definition of chargemaster in English:

chargemaster

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

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.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day salmanazar
Pronunciation: ˌsalməˈnazər
noun
a wine bottle twelve times the standard size...