What is a revenue center, and how does it affect charging in Resolute?

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Multiple Choice

What is a revenue center, and how does it affect charging in Resolute?

A revenue center is the department or service category a charge belongs to, and in Resolute it’s used to group charges and drive reporting. By tagging each charge with a revenue center, the system can aggregate revenue by department, apply department-specific pricing or rules, and feed the correct data into financial and utilization reports. This tagging also supports accurate charge capture and the revenue cycle, because the department view determines how charges are posted, tracked, and reported for performance and budgeting. It isn’t a patient demographic field for eligibility, it isn’t used to schedule staff, and it isn’t the mechanism for the order of claim submission.

A revenue center is the department or service category a charge belongs to, and in Resolute it’s used to group charges and drive reporting. By tagging each charge with a revenue center, the system can aggregate revenue by department, apply department-specific pricing or rules, and feed the correct data into financial and utilization reports. This tagging also supports accurate charge capture and the revenue cycle, because the department view determines how charges are posted, tracked, and reported for performance and budgeting. It isn’t a patient demographic field for eligibility, it isn’t used to schedule staff, and it isn’t the mechanism for the order of claim submission.

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