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The revenue cycle can be defined as, "all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue." [ 1 ] It is a cycle that describes and explains the life cycle of a patient (and subsequent revenue and payments) through a typical healthcare encounter from admission ...
A chief revenue officer (CRO) is a corporate officer responsible for all revenue generation processes in an organization. In this role, a CRO is accountable for driving better integration and alignment between all revenue-related functions, including marketing , sales , customer support , pricing , and revenue management .
Revenue management (RM) is a discipline to maximize profit by optimizing rate (ADR) and occupancy (Occ). In its day to day application the maximization of Revenue per ...
Revenue cycle management, the process used by healthcare systems in the United States to track revenue from patients; Reverse Cuthill–McKee algorithm, an algorithm to reduce the bandwidth of sparse symmetric matrices; Ring-closing metathesis, a variation on olefin metathesis; Rotor current meter, a mechanical current meter used in oceanography
In 2011, La Quinta gave up on pay-per-view in-room entertainment to focus on letting customers use their own devices. [citation needed] In 2012, La Quinta launched the Instant hold option, allowing customers to make last-minute reservations with their phone numbers. [8] In 2013, Blackstone started to pave the way for the sale of La Quinta. [9]
Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, company X had revenue of $42 million". Profits or net income generally imply total revenue minus total expenses in a given period.
Prior to its acquisition by GE Healthcare, IDX had four primary lines of business: . Flowcast was the original application produced by IDX. It is a revenue cycle management system for medium to large physician groups, hospitals, and integrated delivery networks, and includes scheduling, billing and collections modules.
Marketo Lead Management was launched in 2008, followed by Marketo Sales Insight in 2009, and Marketo Revenue Cycle Analytics in 2010. [ 19 ] In November 2012, Marketo introduced LaunchPoint, an app and service network for marketing.