Defining Ancillary Pricing Information in a Level Funded Pricing Rule

Procedure

To define the ancillary pricing information in the level funded pricing rule:

  1. Ensure that the Pricing Information for rule type category : Ancillary zone is expanded only when you have selected an option from the Price Item field of the Main section while defining or editing a level funded pricing rule for a bill group.
    The Pricing Information for rule type category : Ancillary zone contains the following fields:
    Field Name Field Description Mandatory (Yes or No)
    Pricing Rule Type Used to indicate the ancillary pricing rule type effective for level funded pricing. Yes
    Derive Using Used to indicate the method through which the ancillary pricing rule information is derived. The valid values are:

    • Ancillary Billable Charge Line Type

    • Pricing Rules

    		 Yes
    If Ancillary Billable Charge Line Type option is selected from the Derive Using field, the following sub-sections appear:

    • Billable Charge Line Types - Used to associate the billable charge line items which are eligible for billing.

    The Billable Charge Line Types section contains the following field:

    Field Name Field Description Mandatory (Yes or No)
    Billable Charge Line Type Used to indicate the billable charge line type using which you want to create the calculation line for the charge (i.e. line item).
    Note:

    The Search (The Search Icon) icon appears corresponding to the Billable Charge Line Type field. On clicking the Search icon, the Billable Charge Line Type Search window appears.

    On specifying the billable charge line type, the description of the billable charge line type appears corresponding to the Billable Charge Line Type field.

    		 Yes
    Rate Based Used to indicate that the billable charge line type is rate based. No
    Rate Used to specify the rate for the billable charge line type.
    Note: This field is enabled when the Rate Based option is selected.
    		 Yes (Conditional)
    Note: This field is required when the Rate Based option is selected.
    Markup / Markdown Included in Settlement? Used to indicate that markup or markdown amount must be included in the level funding settlement. No
    Pricing Strategy Used to indicate the pricing strategy for the billable charge line items. The valid values are:

    • Markdown

    • Markup

    • None

    		 Yes
    Markup or Markdown Type Used to indicate the markup or markdown type for the billable line items. The valid values are:

    • Flat Amount

    • Percentage

    Note: This field is enabled when the Pricing Strategy option is selected either as Markup or Markdown.
    		 Yes (Conditional)
    Note: This field is required when the Rate Based option is selected either as Markup or Markdown.
    Amount/Percentage Used to specify the amount or percentage for markup or markdown value.
    Note: This field appears when the Markup or Markdown Type option is selected.
    		 Yes (Conditional)
    Note: This field is required when the Markup or Markdown Type option is selected.
    If Pricing Rule Type option is selected from the Derive Using field, the following zone appears:

    • Ancillary Pricing Rule - Used to indicate the ancillary pricing rule. It contains the following sub-section:

      • The Billable Charge Line Types - Used to define the billable charge line types for an ancillary pricing rule, eligible for level funding.

    The Ancillary Pricing Rule section contains the following field:

    Field Name Field Description Mandatory (Yes or No)
    Effective Ancillary Pricing Rule Used to indicate the ancillary pricing rule effective for level funded pricing. No
    Note: If you are editing a bill group's level funded pricing rule for the Ancillary rule type category (where the bill group's pricing has ended), aReapply button appears corresponding to the Effective Ancillary Pricing Rule field. You can select an effective ancillary pricing rule and click the Reapply button to set a new pricing for the ancillary rule type that is eligible for level funding.

    The Billable Charge Line Types section contains the following fields:

    Field Name Field Description Mandatory (Yes or No)
    Sequence Displays the sequence number for the line items. Not applicable
    Billable Charge Line Type Used to indicate the billable charge line type using which you want to create the calculation line for the charge (i.e. line item).
    Note:

    The Search (The Search Icon) icon appears corresponding to the Billable Charge Line Type field. On clicking the Search icon, the Billable Charge Line Type Search window appears.

    On specifying the billable charge line type, the description of the billable charge line type appears corresponding to the Billable Charge Line Type field.

    		 Not applicable
    Include in Settlement Used to indicate whether the billable charge line item should be included in the level funded ancillary pricing settlement. Not applicable
    Rate Based Indicates that the billable charge line type is rate based. Not applicable
    Rate Displays the rate for the billable charge line type. Not applicable
    Markup / Markdown Included in Settlement? Used to indicate that markup or markdown amount must be included in the level funding settlement. Not applicable
    Pricing Strategy Displays the pricing strategy for the billable charge line items. The valid values are:

    • Markdown

    • Markup

    • None

    		 Not applicable
    Markup or Markdown Type Indicates the markup or markdown type for the billable charge line items. The valid values are:

    • Flat Amount

    • Percentage

    Note: This field is enabled when the Pricing Strategy option is selected either as Markup or Markdown.
    		 Not applicable
    Amount/Percentage Displays the amount or percentage which is specified as the markup or markdown value. Not applicable
  2. Enter the required details in the appropriate sections, based on the option selected from the Derive Using field.
  3. If you want to add information for more than one ancillary pricing rule type to the level funded pricing rule, click the Add (The Add Icon) icon and then repeat step 2.
    Note: However, if you want to remove information of more than one ancillary pricing rule type from the level funded pricing rule, click the Delete (The Delete Icon) icon corresponding to the pricing rule type field.
  4. Click Save.
    The ancillary line items are defined in the level funded pricing rule.

Related Topics

For more information on... See...
How to define level funded pricing rule for a bill group Defining a Level Funded Pricing Rule for a Bill Group
How to edit level funded pricing rule for a bill group Editing a Level Funded Pricing Rule of a Bill Group