Question
Create a balance sheet and a statement of operations with the word bank below: Contractual Adjustment Gross Patient Services Revenue Admin Salaries Expense Admin Benefits
Create a balance sheet and a statement of operations with the word bank below:
Contractual Adjustment | Gross Patient Services Revenue |
Admin Salaries Expense | Admin Benefits Expense |
Net Property Plant & Equipment | Long Term Investment |
TOTAL NONCURRENT ASSETS | Charity Care Adjustment |
Bad Debt Adjustment | TOTAL OPERATING EXPENSES |
General & Administrative Expense | Accounts Payable |
Accrued Salaries Payable | Interest Expense |
Gross Patient Accounts Receivable | Less: Accumulated Depreciation |
Property Plant & Equipment | EXCESS OF REVENUES OVER EXPENSES |
OPERATING INCOME | Other Operating Revenue- Allocated Capitation and/or Shared Savings |
NET PATIENT SERVICES REVENUE | Noncurrent Liabilities |
TOTAL CURRENT LIABILITIES | Revenues |
Clinical Benefits Expense | TOTAL SALARIES AND BENEFITS EXPENSE |
Allocated Overhead Salaries And Benefits Expense | TOTAL NET ASSETS |
TOTAL LIABILITIES | TOTAL ASSETS |
Drugs & Supply Expense | Current Liabilities |
TOTAL CURRENT ASSETS | TOTAL LIABILITIES AND NET ASSETS |
TOTAL OPERATING REVENUES | Expenses |
Clinical Salaries Expense | Net Patient Accounts Receivable |
Facilities & Equipment Expense | Depreciation Expense |
Inventory | Cash |
Current Assets | Non-Operating Income |
Temporary Investments | Accrued Expenses Payable |
Noncurrent Assets | TOTAL NONCURRENT LIABILITIES |
Long Term Debt, net of current portion | Balance sheet- ASC Proforma, 2019-2022 |
Allocated Overhead Other Expenses | Current Portion of Long Term Debt |
Liabilities and Net Assets | Patient Accounts Receivable Contract/Charity/Bad Debt Adjustments |
Statement of Operations- ASC Proforma, 2019-2022 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started