How much is the patient services revenue? How much is the operating revenue? How much is the total non-operating revenue?

Q: What is the purpose of an allowance for uncollectibles and why is it important?

A: Accounts receivable is the current asset and the amount that is not received yet from the customer…

Q: Identify how life insurance fund appears in the financial statements? a. The debit side of the…

A: Life Insurance Fund- It is a fund which helps the entity in making payment for its obligation which…

Q: Are there any alternatives to the allowance method?

A: The alternative to the allowance method is the direct write-off method, under which bad debts are…

Q: Describe Defined Benefits Plan and Defined Contribution Plan. 2. What is the difference between…

A: The question is related to Employees Benefits.Both the Plan are post employment Plans. Accounting…

Q: How do economic factors influence healthcare policy decisions and outcomes?l am not satisfy give…

A: The objective of the question is to understand the impact of economic factors on healthcare policy…

Q: Explain the difference between gross medical services revenue and net medical services revenue

A: Please find the answer to the above question below:

Q: Which of the following costs is a nonlease component for the lessee? Group of answer choices taxes…

A: The objective of the question is to identify which of the given costs is considered a nonlease…

Q: How do insurance company makes money?

A: The insurance company is referred to as that company whose predominant and primary business is…

Q: When are contingent fees allowed?

A:

Q: Define insurance expense.

A: Expense: It refers to the cost incurred by a business to generate revenues in their business…

Q: What are three (3) applications of financial data in healthcare?

A: Financial data refers to the numerical information that is used to measure, analyze, and communicate…

Q: What are compensated absences?

A: Compensated absences are the absences or leaves for which the employees will be paid. Example of…

Q: Define the term prepaid insurance.

A: Prepaid expenses: Advance payment for future expenses is called as prepaid expenses. These prepaid…

Q: Direct Compensation coverage.

A: The determinants of direct financial compensation can be classified into two categories, external…

Q: When is it appropriate to match the cost structure of a healthcare organization to its revenue…

A: The cost structure of the organization includes all tyoe of the costs such as fixed cost, variable…

Q: how to compare between prepaid expenses and unearned revenue?

A: The adjustment for deferred items are made at the end of the year.

Q: What is the difference in program revenues and general revenues? Why is that distinction important?

A: Program revenues refer to the revenues that are attributable directly to a specific functional…

Q: What other steps should be taken to make sure that the remaining balance in the prepaid account for…

A: Prepaid expenses are expenses that have been paid in advance but have not yet been incurred or…

Q: find the average daily balance

A: The method which takes daily balances into consideration rather than weekly or monthly balances is…

Q: deferred revenues

A: Income statement represents the net income that is calculated by deducting the expenses from the…

Q: How much is paid for supplies?

A:

Q: On a fund's financial accounts, what is the difference between supplies and prepaid items

A: Prepaid products and supplies may be recorded in two distinct ways in the financial statements of…

Q: Differentiate annuity dues and deferred annuities.

A: An annuity can be divided into two types: Annuity due: Unlike a regular annuity, annuity due…

Q: What have been the CONSEQUENCES of BC/BS conversion from not-for-profit to for-profit status in…

A: Blue Cross  Blue Cross is a name used by an association of health insurance plans throughout the…

Q: benefits account holders and borrowers for the Super Saver Account

A: The Super Savings Account is the updated version of a normal saving account This particular account…

Q: (CO 2) In healthcare reporting, the term charges means goodwill. deferred expenses. revenue. O…

A: In the field of healthcare financial reporting the terminology and words used are different than the…

Q: hat is the accounts receivable cycle? Why is this task especially important for healthcare…

A: Solution Concept Account receivable                 Account receivable is  a current asset and…

Q: Give three examples of : Liabilities in a Healthcare organization (name the organization you are…

A: We know that Liabilities are of two types Current Liabilities: These are the liabilities which are…

Q: Fill in the blank.  The  ____________ principle of accounting requires the revenues generated by…

A: The expense recognition principle (also known as the matching principle) stipulates that expenses…

Q: What are sundry expenses?

A: Sometimes in business operation, a small number of various expenses are incurred and for each such…

Q: What have been the consequences of BC/BS conversion from not-for-profit to for-profit status in…

A: Consequences of BC/BS conversion form profit motive to non profit motive.   BC/BS an organisation…