1. Why is an efficient Revenue stream necessary to a Manager?Elaborate on 3 points. 2. State and explain two reasons why it isimportant for every manager to understand the service line of thehealthcare organization. 3. As a manager, explain 3 reasons to yourteam why you are spending time grouping the expenses of thefacility.
Expert Answer
1. An efficient revenue stream is necessary to a manager tomanage the cash flow in the healthcare organisation. It can besummarised in three points as given below :-
- It is important for the manager to introduce systems andpractices in the organisation for revenue growth and management.Collecting payments
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