Integrated Revenue Management, Inc.

RMD Benefits

Overview  ·  Benefits  ·  Development Process

Mouseover the thumbnails below for enlarged views.
mouseover for enlarged views

Financial Impact

  • Potential Two to Six percent (2% - 6%) Increase in Net Patient Income: the by-product of both transactional review and process improvements.
  • Three to Five Hundred Thousand Dollars ($300K - $500K) per Revenue Management Department Member: the average annual net contribution to the bottom line per associate of a mature RMD.
  • Substantial Reductions in Consulting Expenses: an internal Revenue Management Department reduces the expenses of, and dependency on, consulting vendors.

Operational Advantages

  • Rapid Ramp Up: Integrated Revenue Management facilitates recruiting and provides professional, residential, and on-site training -our revenue management experience and proprietary training programs will save you valuable time and substantial income.
  • Comprehensive Metrics to Benchmark, Track, and Trend Results: Integrated Revenue Management supplies customized databases for all transactional review needs along with a dedicated server to support the software.
  • Long Term Commitment: a multi-year relationship to support and sustain the development and maturation of a fully functional and successful Revenue Management Department.
  • Proven Track Record: Integrated Revenue Management's performance record validates both its claims and its methodologies.

Organizational Transformation

  • Paradigm Shift: revenue is a by-product of clinical events realized through administrative processes.
  • Balancing the Budget: increasing income through effective revenue management reduces drastic cost-cutting measures that threaten critical services.
  • Substantial Reductions in Consulting Expenses: an internal Revenue Management Department reduces the expenses of, and dependency on, consulting vendors.
  • Creating Slack: enables associates to exercise critical thinking skills, working heads-up rather than heads-down.
  • Corporate Culture: moves the organizational paradigm from "Revenue Happens" to "Managed Revenue."
© Copyright 2000-2010 Integrated Revenue Management, Inc.   All Rights Reserved.