Itemized  ·  Glossary  ·  Chargemaster

Chargemaster.

The hospital's sticker price.

The hospital's internal list of standard prices for every service. Mostly arbitrary. Almost no one pays the chargemaster — insurers negotiate it down dramatically, and uninsured patients usually qualify for self-pay discounts. Sometimes called the 'gross charge.'

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Other terms.

CPT Code HCPCS Code MS-DRG Deductible Coinsurance Copay Out-of-pocket maximum EOB MRF Negotiated rate