Formula

The Formula tool can use multiple factors to create compound calculations that you cannot define using base tools.

  • Type the formula like a mathematical statement. Each row is calculated independently; then the calculation considers all rows in the tool.
  • The first box in the first line will always be blank. This box is for an Operator but is only used in the second line and after.
  • To type a number in an Operand box (instead of using the drop-down list), you must click your cursor in the box, and then press Enter. You may then type the number or text.
  • You must type all percent values with a decimal. For 80%, type .80. For 85.5%, type .855.
  • Unlike the If Test tool, a Formula does not require another tool to calculate reimbursement for the service type.

The following table describes the fields and operands on the Formula reimbursement tool.

Field

Description

Operand 1

First operand of the selected row. You may select an operand or type a number

Operator

Mathematical symbol or word that compares Operand 1 to Operand 2

Operand 2

Second operand of the selected row. You may select an operand or type a number