Revenue Streams

in Hospitals
Healthcare Economic Environment, An
Example
Sources of Healthcare Revenues
Common Sources of Hospital Revenues
• Inpatient Services
• Outpatient Services
• Ambulatory Services
• Training & Education Services
• Other Services (Saleable Iddle Capacity)
Important Factors Affecting Changes in
Contemporary Healthcare Organization’s Revenues
1. Services Extension
2. Increased demand for Staff Education
3. Technological advancement / Investment
4. Changes in healthcare Payment Systems toward Prospective Third
Party Payment Systems such as DRG
5. Ethics Compliance
 Revenue Management
• Cash Management –
• Accounts Receivable Management –
• Cash Receipt Acceleration Strategies
• Increasing Days Collection Period of Account Receivable
• Minimizing Cash Loss (Discount) within Revenue Collection
- Other Influencing factors:
- Cost to Collect Revenue
- Point of Service Colection Rate
- Initial Denial Rate
- Registration Quality Score
- Charge Lag Days
Accounts Receivable Days Collection Period
Cash Budget as a Tool for Revenue Management