What is price type in SAP IS-HMED - Clinical System?

SAP Term: price type

• Component: IS-HMED

• Component Name: Clinical System

• Description: Describes different kinds of prices &EXAMPLE& Discount price Market price

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• Key Concepts: 
  Price type is a feature of the IS-HMED Clinical System that allows users to set different prices for different services. It enables users to set different prices for different services based on the type of service, such as inpatient or outpatient care. This feature also allows users to set different prices for different types of patients, such as private or public patients. 
  
  How to use it: 
  To use the price type feature, users must first select the type of service they wish to set a price for. Then, they must select the type of patient they wish to set a price for. Finally, they must enter the desired price for that service and patient type. 
  
  Tips & Tricks: 
  When setting prices, it is important to consider the cost of providing the service and the expected revenue from providing it. This will help ensure that prices are set at a level that is both profitable and competitive. 
  
  Related Information: 
  The IS-HMED Clinical System also includes features such as cost centers and cost elements, which can be used to track costs associated with providing services. Additionally, the system includes features such as billing codes and payment terms, which can be used to manage billing and payments for services.