question archive Explain the difference between Charity Care and Bad Debt in a healthcare environment

Explain the difference between Charity Care and Bad Debt in a healthcare environment

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Explain the difference between Charity Care and Bad Debt in a healthcare environment.

  • Explain how the patient financial services personnel assist in determining which category the uncollectible account should be placed.
  • 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.

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