What is a third-party payor, and how does the presence of such payors affect the financial accounting

Question:

What is a third-party payor, and how does the presence of such payors affect the financial accounting of a health care organization?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Advanced Accounting

ISBN: 978-0077431808

10th edition

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

See More Books

Question Posted: Oct 04, 2014 03:54 AM

See More Questions

What is a third party suit?
How does the presence of financial distress costs, combined with the tax deductibility of interest (and the resulting interest tax savings), affect a firm's weighted average cost of capital as the...
How does the presence of moisture in air affect the outcome of a combustion process?
STEELCO manufactures two types of steel (steel 1 and steel 2) at two locations (plant 1 and plant 2). Three resources are needed to manufacture a ton of steel: iron, coal, and blast furnace time. The...
Explain the concepts of reliability and validity in your own words. What is the relationship between them?
Consider a collection of identical, classical (i.e., with 1) particles with a distribution function N that is thermalized at a temperature T such that k B T mc 2 (nonrelativistic temperature).(a)...
18. Consider the June 165, 170, and 175 call option prices in Table 1. a. Does convexity hold if you buy a butterfly spread, buying at the ask price and selling at the bid? b. Does convexity hold if...
On January 2, 2015, Jatson Corporation acquired a new machine with an estimated useful life of five years. The cost of the equipment was $40,000 with an estimated residual value of $5,000. a. Prepare...
Discing of Notes Payable Chart of Accounts General Journal Balance Sheet Future Value of 1 Future Value of an ordinary Annuity of 1 On arty 30, 2010 Sande Compr a randa 1 Theftemacheryshe present of...
I will ask only 223 other question unnecessary. 3/221 The rigid assembly which consists of light rods and two 1.2-kg spheres rotates freely about a vertical axis. The assembly is initially at rest...
The Helping Hand NFP is a not-for-profit organization that has equipment with a book value of $1.1 million but a fair value of $1.4 million. Fancy Fingers is a not-for-profit organization that has...
What is a contractual adjustment? How does a health care organization account for a contractual adjustment?
Graph each inequality. y + 5 < 2
5) A frictionless rod of length L rotates counterclockwise in the with constant angular speed w at an angle a to the z axis. A bead of mass m, free to slide on the rod, leaves the origin with initial...
1) Louisa is a corn farmer in Illinois. She anticipates a harvest in August of 3 million bushels of yellow corn. Today is May. Louise plans to hedge her sale of corn in August using corn futures...
2. DETAILS MY NOTES In a statistical test, we have a choice of a left-tailed test, a right-tailed test, or a two-tailed test. Is it the null hypothesis or the alternate hypothesis that determines...
2. The model of a two-story building shown in Figure 2. The girders are assumed to be rigid, and the columns have flexural rigidities EI and EI2, with negligible masses. The stiffness of each column...
Prepare journal entries to record these transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually....
Why do firms set upper performance cut-offs in their incentive compensation contracts? In what types of firm are these cut-offs most valuable? What is the danger in setting upper cut-offs?
In the busy port of Chennai, India, the number of containers loaded onto ships during a 15-week period is as follows: 1. Develop a linear trend equation to forecast container loadings. 2. Using the...
What pattern of organization would you use for an informative or positive message?
Top Company holds 90 percent of Bottom Companys common stock. In the current year, Top reports sales of $800,000 and cost of goods sold of $600,000. For this same period, Bottom has sales of $300,000...
Hardwood, Inc., holds a 90 percent interest in Pittstoni Company. During 2010, Pittstoni sold inventory costing $77,000 to Hardwood for $110,000. Of this inventory, $40,000 worth was not sold to...
Dunn Corporation owns 100 percent of Grey Corporations common stock. On January 2, 2010, Dunn sold to Grey for $40,000 machinery with a carrying amount of $30,000. Grey is depreciating the acquired...
The following is part of the computer output from a regression of monthly returns on Waterworks stock against the S&P 5 0 0 index. A hedge fund manager believes that Waterworks is underpriced, with...
Doisneau 25-year bonds have an annual coupon interest of 8 percent, make interest payments on a semiannual basis, and have a $1,000 par value. If the bonds are trading with a market's required yield...
Hite corporation intends to issue $160,000 of 5% convertible bonds with a conversion price of $40 per share. The company has 40,000 shares of common stock outstanding and expects to earn $600,000...

What is a third-party payor, and how does the presence of such payors affect the financial accounting

Question:

Step by Step Answer:

A thirdparty payor is any outside party who assumes ...View the full answer

Advanced Accounting

Students also viewed these Accounting questions