![]() |
|||||||||
Hospital Fee Policy for Sponsored StudiesMedical Center has implemented discount of ALL CDM (Technical) Charges for Research and other sponsored studies. (Effective November 1, 2009) The Medical Center has authorized a 50% discount of the current Charge Description Master technical (Hospital) charges for studies sponsored by a “for-profit” entity. Studies sponsored by a “non-profit” entity will receive a 60% discount. FEDERALLY funded or FEDERAL pass-through sponsorship will receive different discounts dependent on the hospital unit. The new discounting method applies a ratio of cost to charges of each department providing hospital services rather than a global aggregate discount. This rate is the cost of services provided as defined by Medicare. Discount rates will vary by each type of service (ancillary departments) and will change on an annual basis based on our latest Medicare cost report. As an example, based on current charges and cost information, discounts for clinical laboratory services will average at 83%. Note: Charges are not fixed and may be changed. Hospital services include laboratory, cardiovascular, radiology, anesthesiology, and other services, and also include OR time, room and board for inpatients, and clinic visits. All charges that would normally be placed on a patient’s bill are discounted. NOTE: Discounts are only for technical/facility charges – charges that would be on the Hospital bill. Any professional fees are not covered of the Medical Center fee policy. Pro Fees must be negotiated directly by the Principal Investigator with the service provider. Process
|
|||||||||
|
|||||||||
| Last updated: Friday, October 10, 2008. | |||||||||