Reference no: EM132681405
The Case of Board Member Perception
As the CEO, you have gotten used to the board members of the Inner City Community Hospital (ICCH), and they appear to be getting used to you.
One board member has been doing some reading regarding patient admission to hospitals and comes to you with what he believes to be a money-making idea. Physicians are not required to treat people who cannot afford to pay for their services. However, indigent persons can be admitted into a hospital if they are first seen in the emergency department. The Emergency Medical Treatment and Active Labor Act (EMTALA) prohibits hospitals from turning away indigent people in need of care.
The board member suggests to you that the emergency department should be closed at once. Without an emergency department, according to the board member, the hospital's financial picture would greatly improve because it would be providing almost no indigent care.
Questions
Discuss what action you would take. Include in your discussion:
(i) The importance of the ED within ICCH.
(ii) The role of the ED as an outpatient setting for ICCH.
(iii) In what ways the idea of closing down the ED will hurt ICCH?
(iv) In what ways can the running of the ED be turned into a money-making idea?
(v) Is EMTALA in support or in opposition to the provisions of primary health care? What are your views on this provided that some patients use the ED as a regular site for their care?
|
Determine the net realizable value of accounts receivable
: At the end of the current year, Accounts Receivable has a balance of $325,000; Determine the net realizable value of accounts receivable
|
|
Journalize the transactions using the allowance method
: Problem - Allowance method - Journalize the following transactions using the allowance method of accounting for uncollectible receivables
|
|
Construct a quantitative strategic planning matrix
: Give an overview of the company and discuss the company's industry, and construct a Quantitative Strategic Planning Matrix (QSPM).
|
|
Journalize transactions using the direct write-off method
: Direct write-off method - Journalize the following transactions using the direct write-off method of accounting for uncollectible receivables
|
|
The case of board member perception
: You have gotten used to the board members of the Inner City Community Hospital (ICCH), and they appear to be getting used to you.
|
|
What accounts should be debited and credited
: The maker of a $60,000, 5%, 90-day note receivable failed to pay the note on the due date of April 30. What accounts should be debited and credited
|
|
The changing perception of irish immigrants in america
: How does this article give you a better understanding of the changing perception of Irish immigrants in America?
|
|
Describe how the accounts receivable
: Accounts Receivable has a balance of $471,200 and Allowance for Doubt-ful Accounts has a balance of $27,500. Describe how the accounts receivable
|
|
What method of accounting for uncollectible receivables
: The few customers that are allowed to carry accounts receivable are long-time residents of Rexburg, What method of accounting for uncollectible receivables
|