Forecast payor component deductions
Your deductions calculations can now account for the complexities of your organization’s general ledger structure. Use the new payor deduction capabilities in the Deductions Model calculator to forecast gross charges, deductions, and statistics by rolled-up payor components. These payor deduction categories give greater flexibility and specificity in forecasting payor-related deductions.
About payor component deductions
What: You might decide to keep subgroups of payors separate in your deductions forecasts (for example, institutional Medicare and commercial Medicare payors). You can now create deduction categories in the Payor Setup utility, and then assign payors to the categories. When you open the Deductions Model calculator, select the payor categories you want to model. The calculator brings in the data associated with those payor categories and displays the results by category on individual lines.
Where: This change applies to the Deductions Model calculator that is available from the Other Calculators section of the RF Admin task pane.
Who: Only Axiom Rolling Forecast administrators can forecast payor components using the Deductions Model calculator.
To set up payor component deductions:
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In the RF Admin task pane under Tables, double-click Payor Configuration Utility, and then create deduction categories and assign payors to them.
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Save your changes.
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In the RF Admin task pane under Other Calculators, double-click Deductions Model.
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In the Refresh Variables dialog, select the payor categories and other criteria as needed, and then click OK. The payor categories and related data are displayed on individual lines in the calculator, as shown in the following example.
If you have multiple deductions models, use the Payor Summary report to review payor forecast data from all of your models.
