Our revenue management system begins with data collection to provide accurate information to assess the financial status of health care facilities looking at various components of health care delivery, for example, equipment, staff, as well as the number of patients dealt with per staff.
Various revenue indicators are identified including;
- accounts/cash raised
- revenue collected
- potential revenue
- potential expenditure
- total revenue lost
These indicators help to identify potential issues in the system, enabling health care managers to monitor and manage revenue more effectively.