1. Explain why it is difficult for a health care consumer to have the same knowledge of...
Question:
1. Explain why it is difficult for a health care consumer to have the same knowledge of health care as in another industry such as the automobile industry.
2. Explain how it is possible for a health care organization to go bankrupt when it has a positive profit margin.
3. Describe how an investor owned and a not for profit health care organization differ. What differences would you expect to see on Income Statements and the Balance Sheet.
4. Discuss restricted and unrestricted funds in the health care financial environment. Provide examples of both.
5. Which are current assests?
A. | a. cash and cash equivalents | |
B. | b. patient accounts receivables less allowance for doubtful accounts | |
C. | c. property and equipment | |
D. | d. inventories | |
E. | e. all are current assets. | |
F. | f. a, b, and d are current assets |
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba