After reviewing the balance sheets for the Patton Fuller Community Hospital for the next fiscal year, it shows that the hospital will break even. For the year the hospital is making enough money that will cover all of their debts. The hospital will not make any profits. To avoid debts of the hospital from increasing, the hospital will need to increase their revenues. Healthcare organizations need to realize hospital revenue management enhancements by increasing their patient access to services, by maximizing the utilization of current resources and by being open to additions of new services. There are a wide variety of successful strategies that will enhance
After reviewing the balance sheets for the Patton Fuller Community Hospital for the next fiscal year, it shows that the hospital will break even. For the year the hospital is making enough money that will cover all of their debts. The hospital will not make any profits. To avoid debts of the hospital from increasing, the hospital will need to increase their revenues. Healthcare organizations need to realize hospital revenue management enhancements by increasing their patient access to services, by maximizing the utilization of current resources and by being open to additions of new services. There are a wide variety of successful strategies that will enhance