Provider compensation rates

You can set specific provider compensation rates for the treatments and supplements/supplies that your clinic offers. It is important to set compensation rates in order to accurately track provider compensation. 

When you set a compensation rate for a specific treatment or supplement/supply, the system will track payments received for those treatments/supplements/supplies at the rate you've created. This is all tracked within the Compensation Report. It is vital to set any needed compensation rates before go-live to ensure compensation is tracked correctly. You cannot back-date compensation rates if the rates are not entered properly before go-live. 

Compensation rates are most relevant for tracking revenue generated by providers at multi-provider clinics.


Here's how to set a Provider Compensation rate: 

1) Navigate to the profile icon in the top right corner and select Clinic settings.

 

2) Select the Billing tab and then Compensation Rates.

3) Click the +Add button. 

 

4) Enter compensation details— including name, default rate, applicable treatment(s)/supply(s), and any provider-specific rate adjustments. 

 

In the example above, the compensation rate is set to track 90% of revenue generated for New Patient Exam and New Injury appointments for all providers—except Dr. Becki, whose rate is tracked at 100%.

So, if a patient has a New Patient Exam with Dr. Becki and a $100 payment is received, the Compensation Report will show Dr. Becki’s compensation amount as $100. For other providers, it would show $90 for the same payment amount.

 

Notes! 

  • The default rate that you set is the rate that will apply to all providers unless you've also added a custom rate for that provider. 
  • Compensation rates cannot be deleted once created.
  • Each treatment type and supplement & supply can only have one corresponding compensation rate. 
  • Compensation rates are based on the payment received on specific treatment or supplement/supply purchases. 
 

 

 

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