Positive and Negative Effects of Using the Cash For the Business Discussion
- Select two different types of HCOs and consider the most positive and most negative effects of using the cash versus accrual accounting method for the business.
- Discuss the effect of the choices on revenue recognition and matching principles.
- Compare and contrast the following items, pointing out their key elements: gross revenue and net revenue, patient service revenue and other revenue, and charity care and bad debt losses on the income sheet