Which of the following best describes a charged item in a chargemaster?

A charged item in a chargemaster is best described as a list of items that includes their descriptions, prices, and relevant codes. The chargemaster is a comprehensive list used by healthcare facilities that outlines the services provided, along with the charges associated with each service. This list serves several important functions in the revenue cycle, including billing, compliance, and cost management.

Each entry in the chargemaster typically contains essential details such as the name of the service or item, its associated cost, and coding information such as the Current Procedural Terminology (CPT) codes or Healthcare Common Procedure Coding System (HCPCS) codes. This structured format is crucial for accurate billing and ensures that healthcare providers are reimbursed appropriately for the services rendered.

Other options, although related to healthcare billing, do not specifically describe the nature of a charged item within a chargemaster. For instance, an estimate of expected costs for procedures pertains to financial forecasting rather than the detailed information encapsulated in a chargemaster. A summary of services provided to patients might be useful for documenting care but lacks the specificity of pricing and codes found in a chargemaster. Lastly, a collection of patient feedback on services focuses on patient experience rather than the financial aspects captured in a