Support Three Decimal Places in Fee Schedule, Charge Master, and Contract Rates

Configure Three-Decimal Fee Schedule Rates

Fee Schedule > Rate Configuration > Enter Rate > Save

Configure Three-Decimal Charge Master Rates

Charge Master > Rate Configuration > Enter Rate > Save

Configure Three-Decimal Contract Rates

Contract Rates > Rate Configuration > Enter Rate > Save

Fee Schedule rates now support up to three decimal places.
Charge Master rates now support up to three decimal places.
Contract Rates now support up to three decimal places.
The system stores the configured rate precision without rounding.
Billing calculations use the full stored rate precision.
Total charges are calculated using Unit Rate × Units.
Existing rates configured with two decimal places remain unchanged.
Existing records are not recalculated retroactively.
Final rounding occurs only at the total amount level when required.
Claim currency values continue to follow standard two-decimal formatting where applicable.

Configure a rate in Fee Schedule, Charge Master, or Contract Rates.
Enter the rate using up to three decimal places, such as $0.048 per unit.
The system stores the configured rate without prematurely rounding it.
When the rate is used for billing, the calculation engine uses the full stored precision to calculate the total charge.
The total charge is calculated based on the configured Unit Rate multiplied by the applicable Units.
Where required, the final total is rounded according to standard currency formatting for display and claim submission.

Improves billing accuracy for unit-based CPT and J-codes.
Reduces discrepancies caused by premature rate rounding.
Helps prevent overbilling and underbilling resulting from inaccurate calculations.
Supports payer compliance by maintaining greater rate precision during calculations.
Minimizes potential revenue leakage from rounding differences.
Maintains backward compatibility with existing two-decimal rate data.