What is medical device in SAP FS-CM - Claims Management?

SAP Term: medical device

• Component: FS-CM

• Component Name: Claims Management

• Description: A machine, instrument, or item whose purpose is to directly alleviate or compensate a physical disability. &EXAMPLE& Examples of medical devices: Walking aids Wheelchairs Vision aids Hearing aids

Smart SAP Assistant

• Key Concepts: 
  Medical device is a term used in the FS-CM Claims Management component of SAP software. It refers to any device used for medical purposes, such as a prosthetic limb, hearing aid, or pacemaker. These devices are typically used to diagnose, treat, or prevent medical conditions. 
  
  How to use it: 
  In the FS-CM Claims Management component of SAP software, medical devices can be tracked and managed. This includes tracking the cost of the device, its usage, and any associated claims. This information can be used to ensure that the device is being used correctly and that all associated costs are being properly accounted for. 
  
  Tips & Tricks: 
  When tracking medical devices in the FS-CM Claims Management component of SAP software, it is important to ensure that all relevant information is accurately recorded. This includes the cost of the device, its usage, and any associated claims. Additionally, it is important to ensure that all associated costs are properly accounted for in order to avoid any potential issues down the line. 
  
  Related Information: 
  The FS-CM Claims Management component of SAP software also allows users to track and manage other types of medical expenses, such as hospital visits and medications. Additionally, this component can be used to track patient information and manage patient records.