The federal government through the Medicare and Medicaid programs is one of

The federal government through the Medicare and Medicaid programs is one of the largest providers of patient service revenues to health care organizations. Information concerning these programs is ava...

Responding to a growing need for medical care as its population grew

Responding to a growing need for medical care as its population grew in the early 1900s, Suffolk County founded the Suffolk County Hospital in 1920, financing construction of the original hospital bui...

The local newspaper of a large urban area printed a story titled

The local newspaper of a large urban area printed a story titled “Charity Care by Hospitals Stirs Debate.” The story quotes one legislator who wants “to ensure that the state’s nonprofit hospitals are...

The U.S. Department of Health and Human Services maintains

The U.S. Department of Health and Human Services maintains the Web site www.hospitalcompare.hhs.gov, which provides an array of process of care and outcome of care measures that report on how well ind...

Choose the best answer. 1. The organization assigned primary

Choose the best answer. 1. The organization assigned primary responsibility for establishing accounting and financial reporting standards for health care organizations is the: a. American Institute of...

The Phelps Community Hospital balance sheet as of December 31, 2010

The Phelps Community Hospital balance sheet as of December 31, 2010, follows. Required a. Record in general journal form the effect of the following transactions during the fiscal year ended Decembe...

Examine the financial statements for Oak Valley Hospital for the years ended

Examine the financial statements for Oak Valley Hospital for the years ended December 31, 2010, and 2011. Required Prepare a short answer to address each of the following questions. a. Discuss the re...

During 2011, the following selected events and transactions were recorded by

During 2011, the following selected events and transactions were recorded by Nichols County Hospital. 1. Gross charges for hospital services, all charged to accounts and notes receivable, were as foll...

During its current fiscal year, Dearborn General Hospital, a not

During its current fiscal year, Dearborn General Hospital, a not-for-profit health care organization, had the following revenue-related transactions (amounts summarized for the year). 1. Services prov...

How do the accounting treatments for charity services, patient discounts,

How do the accounting treatments for charity services, patient discounts, contractual adjustments, and provision for bad debts differ in terms of their effects on patient service revenues and related...