A significant percentage of hospital outpatient reimbursement is chargemaster driven. However, many hospitals do not restrict access for making changes to the chargemaster and rely solely on software to analyze and update their chargemaster. Industry feedback has indicated many facilities have not conducted an independent, external review of their chargemaster in 8‐10 years. Due to the rapidly changing code sets and reimbursement rules, an outdated or incomplete chargemaster can put your organization at increased risk for loss of revenues, increased denials and compliance risk.