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.
The revenue cycle is the process between when a patient calls for a doctorâs appointment and when their bill is completely paid off. This process involves setting up and receiving payments so medical services are compensated. The first step in the revenue cycle is appointment scheduling.After a patient schedules an appointment, it is up to the doctorâs office to verify insurance and eligibility of a particular patient and then settle the claim.he first step in the revenue cycle is appointment scheduling. After a patient schedules an appointment, it is up to the doctorâs office to verify insurance and eligibility of a particular patient and then settle the claim.