 |
|
|
|
 |
 |
 |
|
Hospital Fee Policy for Sponsored Studies
Medical Center has implemented discount of ALL CDM (Technical) Charges for Research and other sponsored studies.
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.
This includes laboratory, cardiovascular, radiology, anesthesiology, and other charges, and also includes OR time, room and board for inpatients, and clinic visits. All charges that would normally be placed on a patient’s bill are discounted.
Process- PI prepares grant PAF using the appropriate discount from current CDM charge. The PI should take into consideration that CDM charges usually go up annually.
- After Grant/Contract approval, a Financial Account is set up for Hospital Services in Patient Accounts by Patient Access.
- Research Subjects are appropriately registered in Patient Access.
- Patient Accounts generates an appropriately discounted bill – using the current CDM charge.
- The Research Coordinator/Business Manager transfers money from grant/contract account to Hospital Receivables.
 |
|