Room Revenue Planning

Accurate room revenue planning is essential for efficient operations and upholding a high standard of care for your clients. Prophix One FP&A Plus helps you avoid room shortages, overbookings, and underutilized care staff by planning room revenue across all facilities.

By integrating historical data on patient admissions, room occupancy rates, reimbursement rates, and length of stay, along with managing key assumption variables such as patient volume, average stay duration, and revenue per room, you can create a comprehensive and actionable room revenue plan. Streamline the process of gathering insights from clinical, financial, and administrative teams with Prophix One’s user-friendly collaboration tools and leverage their subject matter expertise to create a well-rounded and accurate plan. Contributors can easily apply assumptions and adjust for seasonal patient fluctuations, different occupancy rates and lengths of stay, and other variables. Such detailed and comprehensive planning ensures optimal room utilization, maximized revenue, and appropriate staffing levels.

Whether managing routine admissions or anticipating increased patient load, FP&A Plus enables you to develop a robust room revenue strategy that complements your services planning, contractor vs. FTE planning, and meal planning. From optimizing room utilization to ensuring sufficient staff and enhancing patient satisfaction, this planning process allows you to proactively meet a high standard of care for residents.