The Billing and Finance Charges tool is used to apply finance or billing charges to accounts.

In the Main Menu, click Tools, Billing/Finance Charges.

You can use this tool to apply charges to all guarantor Accounts that meet the filtering criteria.

Tool Filters and Criteria

Various filters and criteria are available in the tool to determine which accounts are charged. These include

• Calculate on balances aged: Determine the minimum age of account (30, 60, or 90 days) to charge.
• Only apply to these Billing Types: Easily exclude patients with a specific billing type (e.g., Medicaid, sent to Collections, etc.)
• Billing/Finance Filters: Exclude accounts that meet cetrain criteria (e.g., balance less than a certain amount, not billed since a certain date, pending insurance, etc.)

Applying Charges

Easily apply a flat fee (Billing Charge) or a percentage of the balance due (Finance Charge) to any accounts that meet the set criteria and filters.

Charges can be assigned to a specfic provider or the patient's primary provider. Once the tool is run, an Adjustment is applied to each account. The last batch of charges can be quickly undone if needed.

Billing and finance charges can be tracked using the Daily Adjustments Report.