What database provides a list of prices for services or goods provided to patients that serves as a basis for billing?

Prepare for the HOSA Health Informatics Test. Utilize flashcards and multiple-choice questions, each accompanied by hints and explanations. Get exam-ready today!

The correct answer is the charge description master file. This database is essential for healthcare billing as it contains a comprehensive list of prices for services, procedures, and goods provided to patients. Each entry in the charge description master file typically includes the description of the service, the associated charge, and coding information necessary for billing purposes.

Having this centralized resource allows healthcare facilities to standardize their pricing, ensuring that any services or goods rendered are accurately billed to patients or insurance providers. The information in the charge description master file is also critical for compliance and auditing processes within healthcare finance.

Clinical data repositories primarily focus on storing and managing patient clinical data rather than billing information. Business continuity refers to the strategies and processes to ensure that a facility can continue operating in the event of a disruption, which is unrelated to billing databases. Classification, often associated with coding and categorizing various aspects of healthcare data, does not specifically point to the list of prices that the charge description master file holds.

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