66. A private not-for-profit hospital provided$150,000 in charity care for the current year. Thehospital should report this charity care asa. Net patient service revenue of S150,000 and pa-tient care expense of $150,000.b. Net patient service revenue of $150,000 on thestatement of operations.c. Only in the notes to the financial statements.d. As an unpaid accounts receivable on the balancesheet.

66. The answer is - a. Net patient service revenue of $150,00 and patient care expense of $150,000.

spit $150,000 in charity care for the current year. The hospital should report this charity care as a. Net patient service revenue of $150,000 and pa- tient care expense of $150,000. b. Net patient service revenue of S150,000 on the statement of operations. c. Only in the notes to the financial statements. d. As an unpaid accounts receivable on the balance sheet.

spit $150,000 in charity care for the current year. The hospital should report this charity care as a. Net patient service revenue of $150,000 and pa- tient care expense of $150,000. b. Net patient service revenue of S150,000 on the statement of operations. c. Only in the notes to the financial statements. d. As an unpaid accounts receivable on the balance sheet.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter16: Information, Risk, And Insurance

Section: Chapter Questions

Problem 18RQ: What are some of the metrics economists use to measure health outcomes?

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