What is a contractual adjustment? a. An adjusting entry made at year-end to accrue unpaid patient service
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Question:
a. An adjusting entry made at year-end to accrue unpaid patient service revenue.
b. A reduction of patient service revenue for charity care.
c. An allocation of the cost of patient care to the departments that supply the patient care.
d. A reduction in patient service revenue because of agreements with third party payors that allow them to pay a health care entity based on the agreed upon determination of reasonable cost.
Related Book For
Advanced Accounting
ISBN: 978-0077431808
10th edition
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
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