Give written answer with explanation and conclusion what are the impact of nurse ahortage on finances in hospital of ontario describe in 600-1000 words ?
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what are the impact of nurse ahortage on finances in hospital of ontario describe in 600-1000 words ?
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- In accruing patient charges for the current month, which one of the following accounts should a hospital credit? Accounts Payable. Deferred Revenue. Public Support Revenue. O Patient Service Revenues. O Accounts Receivable. Question 31 4 pt Which of the following types of health care entities follow FASB Accounting Standards Codification for preparing financial statements? MacBook AirThe Following is Receipts and Payments account of SMS Hospital. Prepare Income and Expenditure A/c for the year Endingcan you Justify in 800 words , the importance of Asset accounting in hospitals?
- Course: Principle Of Healthcare Finance Which of the following statements best describes the role of the Chief Financial Officer? The main job duties will center around preparing financial documents, collecting data for monthly journal entries, and prepping yearly statements The primary responsibility is to supervise all clinical aspects of the organization Overall responsibility for the operating and capital budgets, and normally oversees capital investments and financing. The only responsibilities are for payroll, accounts payable, accounts receivable, and tax compliance1. What are the four elements of financial management? 2. Briefly explain The Information Flow. 3. How can social media help a hospital manage the patient experience? 4. Briefly explain the difference between short-term and long-term assets. 5. What are the major differences in Government Sourcesand Managed Care Source? 6. Explain the two types of disbursements for services. 7. What is the difference between direct and indirect costs? Explain.1. How can social media help a hospital manage the patient experience? 2. Briefly explain the difference between short-term and long-term assets.
- Which of these duties might a financial manager in a healthcare organization be responsible for? Prepare a year to date trial balance report for the annual tax filing Conduct data analysis to report to the board of directors on new revenue sources Complete a medical supply inventory and submit it to the purchasing department Submitting invoicing to an insurance company for paymenthow do you use a functional-based approach to figure out a cost per patient day in a hospital?1. Briefly explain The Information Flow. 2. How can social media help a hospital manage the patient experience? 3. Briefly explain the difference between short-term and long-term assets. 4. What are the major differences in Government Sourcesand Managed Care Source? 5. Explain the two types of disbursements for services. 6. What is the difference between direct and indirect costs? Explain.
- What financial statements would an NFP hospital present?Course Name: Principle of Healthcare Finance How does Medicare reimburse hospitals for inpatient stays?County Community Clinic is made up of 5 departments: 3 Service Line (revenue generating) departments - Adult Health, Child Health and Mental Health. They also have 2 support departments - Administration and Finance. The Direct Costs for the 5 Departments are: Administration Finance Adult Health Child Health Mental Health Finance Adult Health Child Health Here is some other data on the County Community Clinic Departments Department FTE Visits Administration 3 2 $400,000 $100,000 10 8 Behavioral Health 2 $1,000,000 $400,000 $100,000 10,000 4,000 1,000 Revenue $3,000,000 $1,000,000 $200,000