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In Accounting for Health Care Services, Several Methods Are Utilized

Question 82

Essay

In accounting for health care services, several methods are utilized.
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Required:
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a.List and briefly define the three types of classifications of health care facilities
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b.Describe the effects of third party payer arrangements on revenue recognition procedures for health care organizations.?
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c.Describe the classification of expenses in a health care environment.?

Correct Answer:

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a. Investor Owned - privately owned and...

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