Financial statements are most impacted by him functions

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What portions of the financial statements are most impacted by HIM functions?

Why is it important for a health informatics or information professional to understand a financial statement?

Discuss how the four components of the financial statement are related.

Who is the primary audience for a hospital’s financial statement? Or a physician practice’s financial statement?

Why might a physician not want to release his or her financial statement publicly if they are in a solo practice?

If a computer system was purchased for $20,000 and has a useful life of 10 years, what is the net value of the computer system after 7 years (assume straight line depreciation)?

a. 7000

b. 20000

c.14000

d. 6000

A hospital treated a Medicare patient for pneumonia and expected to be paid $4,500. If the total charge for the admission was $15,500, what is the contractual allowance for that case?

a. 15500

b. 11000

c. 4500

d. 20000

{Please cite the answers}

Reference no: EM13998606

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