(also charge description master)
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.