Revenue Function Assignment Example | Topics and Well Written Essays - 250 words

Revenue Function - Assignment Example It is almost impossible to obtain accurate and reliable financial figures for the intangible services being provided (Cleverly,Song , &Cleverly,2011). According to Brown (2012) in Encyclopedia for Business ,the external revenue generation of not-for profit organizations adds to the complexity. These organizations rely on funds from other external sources, which is a challenge itself since there is no incentive for the contributors. The role of the largest client of healthcare organizations, that is government, makes the whole process even more complex due to the complex payment system. For the successful running of HCO understanding of policies, rules and procedures is of utmost importance(Cleverly,Song , &Cleverly,2011). The integral part of economy of any country is composed of Non-profit organizations because of its valuable services. Unaffordable services are made available and approachable through these organizations. This increases the pressure on such organizations to fill the discrepancies which result in the complexity of the revenue functions. Just like profit organizations such not for profit organizations are also a business and the requirements for revenues has to be met for effective functioning of the organization. Cleverly, W. O., & Song, P. H. & Clevrly,J.O. (2011).Financial Envoirenment of Healthcare Organizations.Essentials Of Healthcare Finance(7th Ed.). Retrieved from