What is estimation in SAP IS-H - SAP for Healthcare?

SAP Term: estimation

• Component: IS-H

• Component Name: SAP for Healthcare

• Description: SAP Healthcare - Industry-Specific Components for Hospitals Technique for determining the expected amount invoiced in the area of patient accounting Singapore.

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• Key Concepts: 
  Estimation in IS-H SAP for Healthcare is a process of predicting the cost of a medical procedure or service. It is used to determine the amount of reimbursement that a healthcare provider will receive from an insurance company or other payer. Estimation also helps healthcare providers to plan and budget for services and procedures. 
  
  How to use it: 
  In IS-H SAP for Healthcare, estimation is done by entering the patient's diagnosis code, procedure code, and other relevant information into the system. The system then calculates the estimated cost of the procedure or service based on the information provided. This estimated cost can then be used to determine the amount of reimbursement that will be received from the payer. 
  
  Tips & Tricks: 
  When entering information into IS-H SAP for Healthcare for estimation purposes, it is important to ensure that all relevant information is entered accurately. This will help to ensure that the estimated cost is accurate and that the reimbursement amount received is correct. 
  
  Related Information: 
  Estimation in IS-H SAP for Healthcare is part of the billing process. Other components of this process include coding, claims processing, and payment processing. Understanding how these components work together can help healthcare providers to maximize their reimbursement amounts and ensure that they are paid correctly for their services.