Page 40 - Owners
P. 40
17012 - Fee Increases
• Completed by Owner or ED
nd
th
• Due by Jan 2 7 AM and July 5 7 AM.
• The price shopping analysis and decisions make take hours to make. Completing
the actual fee increase should take less than a couple hours.
• Go to Treatment list > highlight the category > Right click markup > under
calculation multiply current price by “3” pct.
• Rounding:
o For Shopped Services: if greater than 1.00 round to 0.1, if greater than
25.00 round to 0.50. If greater than 100 round to 1.00.
o For Non-shopped services: NO ROUNDING IS NEEDED.
o Then reduce by is always 0.00
• Fee increase approx. 3% on “back-end” fees
• You can check the price history very easily on any treatment by right clicking
“price history”.
• “Front End” fees based on price shopping comparison, costs, value to clients and
demand from clients. We typically charge middle-of-the-road fees for the
COMPARABLE practices nearby. Those that offer lower quality of care and
service are not considered.
• Treatment Category “Treatment Groups” are typically where most of our front-
end fees come from as these fees are packages.
• Certain treatments have unusual markups based on lab costs, discounting, and
shopped services. They are as follows:
o Microchip plus first year (shopped): Markup is 365%
o
• Treatment Category “Discounts” changed manually to match the current exam
fee.
• “Canned” estimates with group prices need to be manually changed. On the
following “Canned” estimates you will need to delete all of the components
inside the estimate on the right, then re-enter with the group code to catch the
new price
• FIRST ENTER NEW PRICE ON THE TREATMENT GROUP ITSELF.
• When re-entered you DO NEED TO EXPAND the treatment category. If you do
not all of the printed estimates for the clients will only be one line. If we could
leave it unexpanded then we would not have to worry about rebuilding all of
these estimates every time there is a fee increase.
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