Panacea Healthcare Solutions announces new Charge Description Master system

Panacea Healthcare Solutions, LLC, a company specializing in Hospital Coding, Compliance, Reimbursement and Financial Systems and Services, today announced that it has introduced as the industry's newest comprehensive suite of tools to manage hospital charge description master ("CDM") coding, compliance, and pricing.

The Company also announced that its system, which also integrates with the popular MediRegs Coding and Revenue Center providing timely coding and compliance alerts and detail regulatory information at the national and local level, will soon offer two optional specialty modules. They are a Pharmacy module to maintain accurate and compliant Pharmacy information and a CDM Synchronization module to assist health systems in identifying and correcting inconsistencies in coding, descriptions, pricing and more, among their facilities.

Frederick Stodolak, CEO at Panacea Healthcare Solutions stated, "We are very excited about our new system because until now Hospitals have had few choices for CDM management. Hospitals are ready to look at new, innovative, and more reasonably priced alternatives to manage their CDM and Pharmacy coding, compliance and pricing. In this era of tight financial resources for hospitals, our goal is to provide them with a new cost effective alternative and we will strive to offer more features for the same or lower price than they are currently paying."

Mr. Stodolak further stated that, "our system has been designed and continues to be a collaboration among leading industry experts and companies including Medical Learning, Inc., MediRegs, Omega Solutions and Panacea executives that previously conceived and developed the popular and product lines."

Hospitals can register at for a free diagnostic review of their chargemaster coding and compliance and at for a free diagnostic review of their hospital pricing.

Panacea Healthcare Solutions, LLC, ( with offices in Florida, Arizona and New Jersey, provides expert coding, compliance, and financial advice and information technology to improve bottom line performance to healthcare providers, and other clients. Panacea's areas of expertise included Coding, Compliance, Finance and Reimbursement and Revenue Cycle Consulting and Systems.

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