A standard of efficient business accounting is maintaining detailed records on accounts receivable. One part of the accounting process is the revenue cycle, an important group of business activities ...
A revenue cycle is a series of steps that occur between the time that a business acquires the materials to make a sale and the time that it closes the transaction. It aligns with the process of ...
Revenue cycle performance has always been central to ASC financial health. What’s changing is the level of complexity surrounding it. Rising case acuity, tighter payer scrutiny, and expanding ...
Discover the leadership skills revenue cycle executives need now to drive performance, manage change, and optimize reimbursement in healthcare finance.
Another major issue in revenue accounting is when to recognize or record the revenue. A common practice is to record the revenue when we receive payment (cash) from the customer. This is referred to ...
Cash- and accrual-based business accounting are two methods for tracking financial performance. Learn which is right for your business.
NASHVILLE - Transactional revenue cycle no longer works with patients, especially millennials, said finance experts speaking during the HFMA conference in Nashville. It used to be, do the service and ...
Revenue recognition and lease accounting remain a challenge for private companies after a one-year, pandemic-related delay in effective dates provided financial statement preparers some relief.
With the new accounting standards weighing on companies that offer subscriptions as at least a portion of their businesses models, the first step is to admit there’s a problem. Processing Content The ...
These days, it seems as if everyone wants to be a technology company—or to merge with one. Global merger-and-acquisition (M&A) activity through December 2015 was at a record high, with acquisition ...