​Week 12 Discussion Forum Revenue management and budgets

Week 12 Discussion Forum

Revenue management and budgets – Ch 17

Respond to the discussion question regarding revenue management and budgets with your own answers and reply to at least three of your classmates’ postings.

1. What is a budget (provide a definition)?
2. Explain the role of the health information professional in the budgeting process.
3. What are some of the common data sources for the HIM department? Why is it important for the HIM professional to have knowledge of this data?
4. How does staffing information impact the budgeting process and the role of the HIM professional in the budgeting process?

Your response must be unique and representative of your own research. Include your references and key concepts.