Prompt | Response | Req | Len |
---|---|---|---|
Annual Percent of charge % | Type the Annual Percentage Rate (APR) to be used when calculating interest charges. Type any whole or decimal amount (e.g. 18 or 18.5). Type a zero (0) if you do not want a percentage amount calculated. If you type a zero, the amount in the Minimum Service Charge $ field will be applied to the account. |
5 | |
Aging in number of days | Type the number of days that a charge must age before interest charges begin to accrue on that balance. This is calculated based on the date the balance moved into the patient balance. | 3 | |
Minimum Service Charge $ | Type the minimum amount of the service charge to be applied to the account. You can assess a service charge instead of interest if you type a zero (0) in the Annual Percent of charge % field. This amount will also be applied to the account when the interest is under this set minimum amount. For example, if you set this field at $2.00 and the patient has a balance that generates an 18% interest of $0.35, the $2.00 service charge will be added to the account instead of the $0.35. If the interest is over the $2.00 minimum, the interest will be added instead. | 8 | |
Interest Charged on interest | If you want interest to accrue on interest already charged, select this check box. | 1 | |
Service Charge Doctor Code | Type the doctor code you want to appear on the Service Charge transaction or select from the Doctor Code list. | 3 | |
Service Charge Location Code | Type the location code you want to appear on the Service Charge transaction or select from the Location Code list. | 3 | |
Service Charge Adjustment Code | Type the code you want to use for the service code adjustment charge or select from the Adjustment Code list. You should set up a unique adjustment code for the service charge adjustment in Maintain Adjustment Codes. | 8 | |
Interest Adjustment Code | Type the code you want to use for the interest adjustment charge or select from the Adjustment Code list. You should set up a unique adjustment code for the interest adjustment in Maintain Adjustment Codes. | 8 |