Tags » Revenue Management

You Never Get a 2nd Chance to Make a 1st Impression – Preliminary Systems in the Revenue Cycle

       As we take our journey around the Revenue Cycle circle, our next stop is at preliminary systems – scheduling, eligibility verification of benefit coverage, and authorization of care. 605 more words

Healthcare

Industry Q&A with Janel Clark

Part of what makes the hospitality industry so appealing is that it provides a broad variety of career pathways. In this blog series we aim to shed light on a few of them by doing Q&A’s with a range of professionals in various roles within hospitality. 360 more words

Edge Hotel School

Hotels Prepare for Highest Occupancy Levels in 20 Years – Skift

A nightmare year of 2009, when U.S. hoteliers saw room rates and revenue plummet, now may seem like a vague, unpleasant memory as hotel occupancy in the U.S. 86 more words

Marketing

The Hub of Revenue Cycle Management – Managed Care Contracting and Credentialing

      The Managed Care hub is really the beginning of any revenue cycle. It sets the stage for the reimbursement process and occurs before a patient even steps foot in your doors. 415 more words

Healthcare

The Impact of Effective Revenue Cycle Management

Being private practice owners and administrators, one of the toughest challenges we face is managing quality patient care with our “back room” financial systems. We have such a large focus on providing exceptional patient care (not a bad thing mind you), that we have a tendency to suffocate our internal operations. 401 more words

Healthcare

Why Revenue Managers Should Be Paid the Most

It is hard to argue with the notion that Revenue Management is now the most “mission critical” function in the hotel business.  RM sits at the crossroads of the strategic and tactical decision making process for every single department in a hotel.   993 more words

Hotel Optimisation

Reducing OTA Dependence

What is to be done with guests who book through the OTAs? They arrive on our doorstep through a third party. Unlike a traditional travel agent referral, we know next to nothing about them; there are no data guideposts to assist the hotelier in pre-arrangement. 78 more words

Trends