Financial statements are most impacted by him functions

Assignment Help Business Economics
Reference no: EM13998606

What portions of the financial statements are most impacted by HIM functions?

Why is it important for a health informatics or information professional to understand a financial statement?

Discuss how the four components of the financial statement are related.

Who is the primary audience for a hospital’s financial statement? Or a physician practice’s financial statement?

Why might a physician not want to release his or her financial statement publicly if they are in a solo practice?

If a computer system was purchased for $20,000 and has a useful life of 10 years, what is the net value of the computer system after 7 years (assume straight line depreciation)?

a. 7000

b. 20000

c.14000

d. 6000

A hospital treated a Medicare patient for pneumonia and expected to be paid $4,500. If the total charge for the admission was $15,500, what is the contractual allowance for that case?

a. 15500

b. 11000

c. 4500

d. 20000

{Please cite the answers}

Reference no: EM13998606

Questions Cloud

Calculate number of unemployed and the unemployment rate : An economy has 100 people divided among the following groups: 25 have full-time jobs, 20 part-time jobs, 5 has two part-time jobs, 10 is looking for jobs, 10 are discourage workers who has given up looking for jobs, 10 run their own businesses, 10 ar..
Relationship between productivity and standard of living : Which of the following best describes the relationship between productivity and standard of living?
Competitive firm shut down in the short run : When will the competitive firm shut down in the short run? When will it incur a loss but continue to produce? Draw a graph showing each scenario and explain.
Part of the national health service : Most hospitals in Great Britain are owned by the government (part of the National Health Service), and the doctors who work in them are employees of the hospital. In what ways do you think their behavior would differ from comparable doctors in a not-..
Financial statements are most impacted by him functions : What portions of the financial statements are most impacted by HIM functions? Why is it important for a health informatics or information professional to understand a financial statement? Why might a physician not want to release his or her financial..
Consider a small community made up of two individuals : Consider a small community made up of two individuals, Joseph and Michael. The local hardware store is selling table lamps at a price of 6 dollars per lamp. Joseph’s demand for lamps is given by: qJ = (18−3P 0≤P
When the price of a good decreases : When the price of a good decreases: A. demand increases. B. supply increases. C. the quantity demanded increases. D. the quantity supplied increases.
Entry of new vendors in the market for ice cream will cause : The entry of new vendors in the market for ice cream will cause a: A.) movement down and to the left along the supply curve B.) movement up and to the right along the supply curve C.) shift to the right of the supply curve D.) shift to the left of th..
How low can price go before the firm decides to shut down : A business produces 4,000 units per month which it sells at $20/unit. Costs include: $10,000 on raw materials, $15,000 in wages for operators and $10,000 in wages to sales people. If the business is just breaking even, what are its fixed costs: A fir..

Reviews

Write a Review

Business Economics Questions & Answers

  What would happen to the prices of goods and services

Suppose the US dollar depreciates against other currencies. Under the linked exchange rate system, Hong Kong pegs its nominal exchange rate to the US dollar. What would happen to the prices of goods and services (in terms of US dollars)in Hong Kong i..

  Regarding education might promote meritocracy

People often argue that economic rewards in society should be meritocratic, that is, that everyone should have an equal opportunity to get ahead and those that do succeed because of their greater ability, hard work, and so on, should then be allowed ..

  Define the three types of agency authority

Define the three types of agency authority. List and discuss the provisions of the Family Medical Leave Act. What technology company recently adopted very generous provisions for medical leave for pregnancy?

  Major positive and negative impacts of big business

Discuss in your opinion what you feel were the major positive and negative impacts of Big Business on the U.S. economy.

  What is the maximum annual withdrawal

A deposit of $ 40,000 is put in a savings account at an interest rate of 3%. The interest is compounded quarterly, Equal annual withdrawals are to be made from the account, beginning one year from now and continuing forever. What is the maximum annua..

  Assume that treasury is currently running large surpluses

Assume that the treasury is currently running large surpluses (tax collections exceed new government spending). On a S/D diagram show the effect on Treasury Bond markets of using these surpluses to buy back outstanding treasury securities and reduce ..

  How to sketch ppfs and budget constraints after trade

If R and F both have 12 hours of labor that they can give to catching fish or goats, and R requires 1 hour to catch a fish and 2 hours to catch a goat, F requires 6 hours to catch a fish and 3 hours to catch a goat. They are able to trade at Pf=Pg..

  Compute the profit-maximizing levels of output and prices

The price in a market is dominated by two firms is affected by the quantities supplied by both firms, Q1 and Q2: P = 100 - (Q1 + Q2). The marginal cost for the two firms is identical and constant and equal to 25. Derive the equations for total revenu..

  What is the total annual inventory holding? cost

Hart's Floral Shop sells bouquets for special occasions. Annual demand is 500? bouquets, the? company's cost to place an order with its vendor is? $25, and the cost to hold a bouquet in inventory for a year is? $15. If Hart orders from its vendor in ..

  Q1 a companys cash sales for the month are 200000 and its

q1. a companys cash sales for the month are 200000 and its accounts receivable payments for the month are 100000. what

  Explain change in demand or supply

Suppose you are told that price of Toyotas' has increased from last year as has the number bought and sold. Is this an exception of the law of demand, or has there been a change in demand or supply that could account for it.

  More transactions occur in the economy

As income and the GDP increase, more and more transactions occur in the economy. These transaction demands for money are associated with money's property as a medium of exchange. Please comment on different type of these demands and provide some exam..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd