Final answer:
The Charge Description Master (CDM) or Charge Master is the comprehensive list used by hospitals to bill payers for all procedures, services, supplies, and drugs.
Step-by-step explanation:
The hospital-specific electronic list that includes all hospital procedures, services, supplies, and drugs that are billed to payers is known as a Charge Description Master (CDM) or Charge Master. This comprehensive list serves as a hospital's billing inventory and typically contains thousands of services and related charges. Each item on the list is assigned a unique identifier, often accompanied by a brief description, and a set price, which is used to generate bills for services rendered to patients and for submission to insurance companies and other payers.