Add a Contract Profile

When creating a contract profile, you may associate it with a new contract or an existing contract. The Add Contract Profile page displays differently depending on how you associate the new profile.

  1. Access the Add Contract Profile page.
    • Select Go To > Contract Loading > Contract Profile Management. The Contract Profile Management page opens.
    • Click the Add Contract Profile link. The Add Contract Profile page opens.
  2. Select a Contract Association.
    • Select New Contract to create a new contract profile for a new contract.
    • Select Existing Contract to create a new contract profile for an existing contract.

The availability of some options on the Add Contract Profile page depends on your Contract Association selection.

  1. For a new contract, type the Contract Name; for an existing contract, select a contract from the drop-down list. Refer to Standards for naming conventions.
  2. Optionally, type the name of the Company to be associated with the profile.
  3. Optionally, for a new contract, type the AR Cutover data.

If you chose to associate the profile with an Existing Contract, the AR Cutover data is not available.

  1. Optionally, for a new contract, determine whether you want to turn the Modifier 50 Line Items feature on or leave it off in the Adjust Mod 50 Line Items field.
  2. Optionally, select an Effective Date, Termination Date and Activation Date.
  3. Select the Active Status.
  4. Click Add Profile. The Edit Contract Profile page opens. For more information, refer to Edit a Contract Profile.

The following table describes the fields on the Add Contract Profile page.

Field

Description

Activation Date

Date when the profile is available for processing (repricing)

Active Status

Indicates the purpose and progress of the contract profile you are editing

Adjust Mod 50 Line Items

Toggles the Modifier 50 Line Items feature on and off; the default is Off

AR Cutover Claim Type

Type of date considered for the AR cut over date

AR Cutover Date

Date when FinThrive begins sending write-downs for a contract

AR Cutover Limit Date

For claims that are dated before this date, FinThrive does not generate or send new adjustments

Company

Name of the company to associate with the new profile

Contract

Name of the contract to associate with the profile

Contract Association

Type of contract with which you want to associate the profile

Contract Name

Name of the contract profile

Effective Date

Effective date of the current contract rates

Facility / Location

Name of the facility or group of facilities in which the contract profile is created

Note: If you are working in a facility that is one of multiple facilities under a single CBO, this field allows you to select the facility in which the new contract profile will be created. You can also select the CBO, rather than a specific facility, so that the new contract profile is available to all facilities associated with the CBO.

Termination Date

Date when the new profile is terminated, or no longer effective

  • Contract Profile Management displays the Contract Profile Management page. For more information, refer to Manage Contract Profiles.
  • Add Contract Profile displays the Add Contract Profile page.