DISCLAIMER AND EXPLANATION FOR STANDARD HOSPITAL CHARGES
Cogdell Memorial Hospital, in an effort to be more transparent with pricing and as required by CMS 1694-F ruling, has provided access to an online copy of our Pricing Transparency Tool.
This hospital determines its standard charges for patient services with the use of a chargemaster or similar system, which is a list of charges for the components of patient care that go into every patient’s bill. These are the baseline rates for services provided at this hospital.
Access here for a list of our procedures and charges.
The chargemaster is similar in concept to the manufacturer’s suggested retail price (MSRP) on a vehicle. It is the starting price of each service performed and goods consumed associated with the individual patient’s treatment. The chargemaster rates are updated from time to time to accurately reflect the hospital’s expenses to operate.
Standard charges shown in the attached file do not necessarily reflect what a patient may pay. Government insurance plans such as Medicare and Medicaid do not pay the chargemaster rates, but rather have their own set rates which hospitals are obligated to accept. Commercial insurance payments are based on contract negotiations with managed care payors and may or may not reflect the standard charges. Patients without commercial insurance or not covered by a government health care plan should contact the hospital prior to a procedure to discuss charges, alternative pricing, and payment terms.
A few things to keep in mind:
This is an estimate. The final bill may be different, especially in cases of surgical procedures and hospital admissions, when treatment is unique to your needs.
The estimate will not reflect co-pay or deductible amounts due from insured patients.
You may receive bills from other providers and their charges are not reflected here.
Cogdell Memorial Hosptial will send a statement which contains a summary of charges for the inpatient or outpatient care you received. A complete itemized bill is available upon request from our business office.
If you are not covered by an individual health plan, we strongly encourage you to contact us at 325-574-7430. We have multiple programs for qualifying patients which may cover a portion or all of your cost. We strive to ensure the cost of our services do not deter a patient from getting the healthcare they need.
There are many factors that can impact the patient’s bill. This may not accurately reflect your charges. If you would like a formal charge estimate, please contact the admitting department at 325-574-7430.
