Question

Prioritize the departments at a healthcare organization, such as a hospital, in order of their importance to the revenue cycle.

Answer 1

Health care one of the biggest organizations compare with any industry>Simply we will see the hospitals as an hospital,Behind the effective run of the health care organizations there are so many departments are involved and worked to serve and deliver the best services to patients.

There are so many departments are involved in the health care units they are :

Administrative Department : The back bone of any health care department is administration department,The way they plan the services to deliver to the patients and proper running of the health care,employee/Physician's monitoring and drug availability and stock maintaining,safeguarding and hospitality etc., right from the base work to deliver the output every part of the health care is closely monitored by the admistrative department.

Financial Department : The proper running and growth of the hospital and hospital and maintenance are involved with financial department.If a hospital is running successfully in the market,the credit goes to the financial department,it is responsible for the in and out of financial things that are carried out in the hospitals.It record all the activities that are related with financial matters and also provide the estimation and irevenue gereration techniques and financial growth tips by the experts in financial matters.Because every activity of the hospital is involved with financial sector.Proper record maintenece will leads to the oroganizational growth.

Medical investigation department : This is one of the costly department and response department in analysing the medical investigations.In fact reason for the gereration of revenue from this source.So every hospital is equipped with all major and minor equipments that are used for the investigation of diseases.Right from urine to MRI scanning all the tests are investigated in the major hospitals in order to generate the revenue.

Medical/Drug Department : Medical is one f the biggest revenue generating departments that has almost half of the margin in drug selling.Manufacturing companies will give the best marinal discounts for hospitals and physicians for refering their manufactured medicines to the patients.There are enough number of medical reserch and manufacturing companies that manufactures different drugs that are prescribes to patients.The proper organization of stocks and availablity of medicine all will be taken care by the meidcal department.

Retail health care Clinics : Apart from hospitals there are health care clinics and retails where we will be visiting regulary for general tests.They are also interlinked with the health care units inorder to route the patients for health checkups and investigations to hospitals and prescribe for medicines.All are arranged and expalined as per they gererate revenue to the hospitals.