Setting up the price class table

The price class or Charge Description Master (CDM) table contains a list of chargeable items with charge prices and a specific charge number. Your organization's patient billing system uses the charge number to represent a supply item and its associated patient charge.

  1. Access Price Class (PC08.1).
  2. Define price class information.

    Use the following guidelines to enter field values:

    Item Group

    The identifier for a group of items that can be shared by one or more companies

    Price Class

    Select a code that identifies the rules for calculating a patient charge price.

    Cost Limit

    Type a value for the upper limit. (The lower limit is either zero or the upper limit of the previous limit in the same price class.)

    Mark Up Percent

    Type a value for the fraction (expressed as a percentage) of the item's cost to be added to the item when calculating the patient charge price.

    Add On Amount

    Type a fixed amount to be added to the item when calculating the patient charge price.

    Rounded To Amount

    Type an amount for the rounding of the calculated dollar amount. If you type 1.00, the patient charge price is rounded to the nearest dollar.

    Minimum Price

    Type the minimum amount to be charged for an item. If the calculated patient charge price is less than this amount, the application uses this amount.

Related reports and inquiries

To Use
Print the Charge Item Price List Price Calculation (PC120)