Add or edit a cost categories dimension version

Cost categories must first exist in Axiom's core system dimensions before adding them to a cost category dimension version. For more information about the core system dimensions, see Maintain dimension data.For more information about the core system dimensions, see "Manage Axiom dimensions" in the online help.

TIP: You can easily make changes in bulk using a spreadsheet. For more information, see Edit dimension versions using a spreadsheet.

To add or edit a cost categories dimension version:

  1. From the Enterprise Decision Support home page, in the Cost accounting section, select Modify most recent cost model or Manage cost models.

  2. The last cost model selected is shown at the top of the page. To change cost models, select another one from the Select cost model dropdown.

  3. Under the Dimension versions, manual statistics, and adjustments section, select Manage dimension versions.

  4. Select the Cost categories tab.

  5. Do one of the following:

    • To add a new cost category, select + Add cost category.

    • To edit an existing cost category, in the Actions column, select its edit icon .

  6. Complete the following columns:

    Column Description
    Cost category

    From the dropdown, select the desired cost category. A search field is available to help find specific cost categories, if needed. For new cost categories only.

    NOTE: Cost categories will only appear in the list if they are not already added to this table. If no cost categories appear, the table already includes every cost category from the core system dimensions.
    Direct flag

    If the cost category is directly related to patient care, click the check box. If it is an indirect cost, leave the check box blank.
    Costed

    If the cost category should be included when processing the cost model, select the check box. If it should be excluded when processing, leave the check box blank.
    Use as markup

    If the cost category should be used in markup group definitions, select the check box. If it should not be used in markup group definitions, leave the check box blank.
    Variability percentage (%)

    Enter the variability percentage for the costs assigned this cost category based on patient volume.

    For example, hourly labor is likely variable based on the number of patients treated, while benefits are fixed because they need to be paid regardless the number of patients.
    Actions

    Do one of the following:

    • To save your row changes, select the save icon .

    • To discard your changes, select the undo icon .

  7. If you are creating a new model, the next step is to create or select/modify an accounts dimension version. Select Next in the bottom right corner of the page, or select the Accounts tab at the top of the page.

  8. If you are modifying an existing cost model, you can continue making changes to other parts of the model or go directly to process the cost model if this is your only change.

    IMPORTANT: When making any changes to an existing cost model, you must reprocess it in order for the results to reflect the changes.