ACC 281 Week 2 Assignment Uncollectible Accounts
ACC 281 Accounting Concepts for Health Care Professionals Week 2 Assignment Uncollectible Accounts
Uncollectible Accounts. Using your text and at least one scholarly source, prepare a two-three page paper, on the following question: Explain the difference between Charity Care and Bad Debt in a healthcare environment. How can the patient financial services personnel assist in determining which category the uncollectible account should be placed into? Discuss the financial implications of gross uncollectibles on the bottom line of the healthcare institution, and explain how these are recorded on the financial statements.