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3 . In the class sessions, certain key financial / management reports were discussed as necessary for the administrator / manager to understand and use
In the class sessions, certain key financialmanagement reports were discussed as necessary for the administratormanager to understand and use in addressing the ongoing operation of the healthcare services organization.
a Identify and describe the application of the key reports.
b Explain the two categories of financial values of the balance sheet including the elements in each category, and how they determine net worth for a forprofit and a notforprofit healthcare services organization.
c Explain the two categories of financial values of the Operating Statement Income Statement including the elements in each category, and how they determine operating results for a forprofit and a notforprofit healthcare services organization.
d Explain the concepts of contractual allowances, bad debts, and charity care, and how they are applied to the Operating Statement Income Statement
e Explain the two categories of financial values of the Cash Flow Schedule including the elements in each category, and how they determine the cash balance for a forprofit and a not forprofit healthcare services organization.
See the selected information in Chapters and ; Chapter in the Harrington text
please provide the refrences and citations used in answer
thank you
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