Total Net Production
The sum of the UCR fees minus all adjustments, such as insurance write-offs and negotiated fee overrides made for that procedure (regardless of when the adjustment was applied), for all scheduled and completed procedures on appointments with a date of service in a selected time period.
Net Completed Production
The sum of the UCR fees minus all adjustments, such as insurance write-offs and negotiated fee overrides made for that procedure (regardless of when the adjustment was applied), for all completed procedures on appointments with a date of service in a selected time period.
Net Scheduled Production
The sum of the UCR fees minus all adjustments, such as insurance write-offs and negotiated fee overrides made for that procedure (regardless of when the adjustment was applied), for all scheduled procedures on appointments with a date of service in a selected time period.
Net Production
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Net Production can change over time if:
- Negotiated fee on a specific procedure is edited.
- Negotiated fee on a fee schedule is edited, and the selected time period includes scheduled procedures.
- The final insurance payments + patient payments for a procedure recorded on the claim do not equal the negotiated fees
- The appointment date has been changed
- The procedures for an appointment have changed
- The appointment is added or removed within the selected time period.
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To avoid changes to Net Production:
- Make sure employees do not edit the negotiated fee schedules.
- Make sure employees do not edit the negotiated fee schedule on procedures that are scheduled or completed.
- Don’t edit, add, or remove appointments in the past.
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An example of Net Production and how it changes:
- You completed an appointment with a procedure that has a negotiated fee of $80 on April 1st.
- You view your production report for April 1st, and the total net production is $80.
- On April 15th, you go back to the April 1st appointment and add a procedure that you forgot to add previously. This procedure’s negotiated fee is $40
- On April 15th, you view your production report for April 1st. The total net production is now $120.
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