The Bridge in Bridgehampton, N.Y., charged a whopping $750,000 to join, according to a 2007 Wall Street Journal article. Another Hamptons club, Sebonack Golf Club, billed new members for $650,000 when it opened in 2006, Bloomberg reported.
Hence, the revenue cycle actually consists of two major subsystems (assuming sales on credit basis): 1  the sales order processing system and. 2  the account receivable system.
Definition. Health care revenue cycle management consists of the tools, methodologies and techniques that medical institutions use to review patients' financial situation, issue invoices and collect payments from the federal and state governments, insurance companies and other organizations.efinition. Health care revenue cycle management consists of the tools, methodologies and techniques that medical institutions use to review patients' financial situation, issue invoices and collect payments from the federal and state governments, insurance companies and other organizations.