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Describe the accounting treatment by hospitals and health care organizations for each of the following: Charity...

Describe the accounting treatment by hospitals and health care organizations for each of the following:

  1. Charity care: Charity care occurs when

b. Implicit price concessions:

c. Contractual adjustments:

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Answer #1

.. 988 20+5x19= 19X19 mar. 23 1. Contractual Adjustment- Reimbursement rates. Based on national 30 or regional averages so st

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