Explain the differences and similarities of Contribution made to a hospital vs. Contribution for a research grant.
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Explain the differences and similarities of Contribution made to a hospital vs. Contribution for a research grant.
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- What financial statements would an NFP hospital present?The practice of for-profit hospitals transferring charity patients to not-for-profit hospitals is known as? A. Dumping B. Cost plus accounting C. Diagnosis related groups D. Cost shiftingWhat was the motivation for changing the way physicians are compensated in the Medicare system? What are the implications for physicians' behavior as the resource-based relative value scale is fully implemented?
- How has managed care (federal, state, and local health laws and regulations) changed medical settings as the health care profession work to offer high quality, cost effective care to patients?Which of he following stalements is CORRECT about benefits provided by a Basic Hospital and Surgical policy? A.They are lower than he actual expenses incurred B.They are subject to large deductibles C.They are higher than those provided by Major Medical policies D.They are unlimited.A nonprofit hospitals revenues and expenses are reported on its statement of activities TRUE or FALSE?
- Community benefits serve as justification for a non-profit healthcare organization's tax-exempt status. True or FalseThe following items/events relate to hospitals covered. Classify each of the following items as follows: A. Event is reported on the “Statement of Operations” below the performance indicator. B. Event is reported on the “Statement of Operations” above the performance indicator. C. Event affects only the restricted net assets portion of the Statement of Changes in Net Assets D. Event affects both the Statement of Operations above the performance indicator and the restricted net assets portion of the Statement of Changes in Net Assets. E. Event affects both the Statement of Operations below the performance indicator and the restricted net assets portion of the Statement of Changes in Net Assets. F. Event affects only the Statement of Financial Position. G. Event is reported only in the notes to the financial statements. Realized gains on non-trading securities held as unrestricted investments.The following items/events relate to hospitals covered. Classify each of the following items as follows: A. Event is reported on the “Statement of Operations” below the performance indicator. B. Event is reported on the “Statement of Operations” above the performance indicator. C. Event affects only the restricted net assets portion of the Statement of Changes in Net Assets D. Event affects both the Statement of Operations above the performance indicator and the restricted net assets portion of the Statement of Changes in Net Assets. E. Event affects both the Statement of Operations below the performance indicator and the restricted net assets portion of the Statement of Changes in Net Assets. F. Event affects only the Statement of Financial Position. G. Event is reported only in the notes to the financial statements. Unrealized losses on unrestricted trading securities. Answer 16 Gift of land from wealthy benefactor for construction of…