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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