title: Bridging the gap between financial reporting and the revenue cycle.
abstract: Implementing a standardized financial reporting and revenue cycle monitoring platform can help healthcare organizations improve their net revenue reporting and budgeting processes. Consistent, standardized data help the finance office estimate accounts receivable reserves more accurately, streamline the month-end closing process, and strengthen internal controls. The benefits of standardizing the finance and revenue cycle functions are particularly significant in large organizations with multiple facilities, but even single-facility providers can benefit from improved communication between the business office and finance.
authors.affiliation: Association Health, St. Louis, USA. kari.clark@ascensionhealth.org
authors.forename: Kari
authors.initials: K
authors.lastname: Clark
authors.forename: Derek A
authors.initials: DA
authors.lastname: Bang
mesh_terms: D002017:Budgets / Q000458:organization & administration*; D004469:Economics, Hospital / Q000458:organization & administration*; D014481:United States