Hospital and other health care organizations provide

Assignment Help Accounting Basics

Reference no: EM13576554

Hospital and other health care organizations provide services knowing that they will collected from third-party payers, such as insurance companies, considerably less than their established billing rates. In addition, they provide services to unisured patients aware that they will collect either none or only a small portion of the amounts to be billed. Respond to the following:

1. Assess how these organzations distinguish between charity care, bad debts, and contractual adjustments.
2. Determine how each one affects the amount of revenue from patient care that they should report.

Reference no: EM13576554

Questions Cloud

Race one motors is an indonesian car manufacturer at its : race one motors is an indonesian car manufacturer. at its largest manufacturing facility in jakarta the company

Nationwide company manufactures three products from a : nationwide company manufactures three products from a common input in a joint processing system. joing processing costs

Oklahoma manufacturing company uses a standard cost : oklahoma manufacturing company uses a standard cost accounting system. in 2012 the company produced 28300 units. each

Your description of each of the three operational functions : examples of hotel functions include setting daily room rates attracting events meetings conferences etc. managing hotel

Hospital and other health care organizations provide : hospital and other health care organizations provide services knowing that they will collected from third-party payers

Waiting times to receive food after placing an order at the : waiting times to receive food after placing an order at the local subway sandwich shop follow an exponential

The cardinal co produces t-shirts for promotion the costs : the cardinal co. produces t-shirts for promotion. the costs of producing and selling a single t-shirt at the companys

The normal selling price is 16 per unit the companys : the normal selling price is 16 per unit. the companys capacity is 15000 units per month. an order has been received

Research the library and provide at least 1 example of how : research the library and provide at least 1 example of how a real company has used each of the following multivariate

User Account

All Pages