What type of code is reported on a chargemaster?

The correct answer is revenue code. In a healthcare setting, the chargemaster is essentially a comprehensive list of items billable to a hospital patient or a patient's insurer. Revenue codes are used to categorize the types of services provided and aid in billing for facility charges. Each revenue code corresponds to a specific type of service or item, such as room and board, surgical services, or lab tests, and is linked to the billing procedures for reimbursement.

While diagnosis codes are linked to the patient's condition and procedure codes describe the specific medical procedures performed, revenue codes specifically detail the financial aspects of the services rendered. Service codes, while related to certain operational aspects within healthcare, do not hold the same standardized billing relevance as revenue codes when it comes to the chargemaster. Thus, understanding the role of revenue codes is crucial for accurate billing and ensuring that services are properly accounted for in the facilities’ financial systems.