Stem revenue losses with effective CDM management
Alwell, M.
Healthcare Financial Management Journal of the Healthcare Financial Management Association 57(9): 84-88
2003
ISSN/ISBN: 0735-0732 PMID: 14503149 Document Number: 558941
Effective CDM management not only minimizes revenue losses due to denied claims, but also helps eliminate administrative costs associated with correcting coding errors. Accountability for CDM management should be assigned to a single individual, who ideally reports to the CFO or high-level finance director. If your organization is prone to making billing errors due to CDM deficiencies, you should consider purchasing CDM software to help you manage your CDM.