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  3. original copayment receivable


What is original copayment receivable in SAP IS-H - SAP for Healthcare?


SAP Term: original copayment receivable

  • Component: IS-H

  • Component Name: SAP for Healthcare

  • Description: SAP Healthcare - Industry-Specific Components for Hospitals Relates to the receivable procedure in copayment. The patient has made partial payments for a copayment receivable that was entered for a case. The reminder procedure has been completed for these payments and the "Post Back with Partial Payments" function is then executed. During this process, the system reverse clears this original copayment receivable. Since the "Post Back with Partial Payments" procedure creates and posts back a new copayment receivable amounting to the difference between the original receivable and the partial payments, a distinction is made here between the original copayment receivable and the new copayment receivable created by the system.


Smart SAP Assistant

  • Key Concepts: 
    Original copayment receivable is a term used in the IS-H SAP for Healthcare module. It refers to the amount of money that a patient is required to pay for their medical services at the time of service. This amount is typically a percentage of the total cost of the service and is determined by the insurance provider. 
    
    How to use it: 
    In order to use original copayment receivable, healthcare providers must first determine the amount of money that the patient is required to pay at the time of service. This can be done by consulting with the patient's insurance provider or by using a calculator provided by the insurance provider. Once this amount has been determined, it must be entered into the system as an original copayment receivable. 
    
    Tips & Tricks: 
    When entering an original copayment receivable into the system, it is important to make sure that all information is accurate and up-to-date. This includes ensuring that all patient information is correct and that any changes in insurance coverage are reflected in the system. Additionally, it is important to keep track of any payments made by the patient so that they can be properly credited. 
    
    Related Information: 
    Original copayment receivable is just one part of the overall billing process for healthcare services. Other terms related to this process include copayment, coinsurance, deductible, and out-of-pocket maximums. Understanding how these terms work together can help healthcare providers ensure that they are accurately billing their patients for services rendered.
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