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- Chargemaster

Also known as charge description master, it is a hospital's comprehensive listing of items billable to a hospital patient or a patient's health insurance provider. It typically serves as the starting point for negotiations with patients and health insurance providers of what amount of money will actually be paid to the hospital. The chargemaster is a master file built within hospital information systems and designed to communicate with other systems to support government-mandated standard billing requirements. It contains data elements such as charge descriptions, billing codes and pricing.