Solved: Net community benefit expense, Finance Basics

+44 141 628 6080
[email protected]

Net community benefit expense

Question: A hospital incurs $10 million of cost to treat Medicaid patients and receives $7 million in payment. Actual charges for these Medicaid patients were $20 million. The net community benefit expense that would be reported in Schedule H of IRS Form 990 would be?

A. $10 million

B. $7 million

C. $3 million

D. None of the Above

Solution Preview :

Prepared by a verified Expert

Finance Basics: Net community benefit expense

Reference No:- TGS01833019

Now Priced at $25 (50% Discount)

Recommended (97%)

Rated (4.9/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Finance Basics

Q : Us health care delivery system and drivers for change

You have been learning about the U.S. health care delivery system and the interrelationships between cost, quality, and access.

Q : Project the effect of credit markets on the economy

Project the effect of credit markets on the economy.Project the effect of global economic conditions regarding trade

Q : Personal development plan

What do you hope to gain by doing this plan? (What life or professional issues are you tackling by doing this personal development plan?)

Q : Discuss the relationship between economics-business concept

Discuss how the relationship you describe relates to the concept of wellness as defined in this course and how it relates to specific challenges or supports we

Q : Net community benefit expense

The net community benefit expense that would be reported in Schedule H of IRS Form 990 would be?

Q : What are the pros and cons of employee incentives

write what incentives you would offer your employees and what are the pros and cons of those incentives (examples: quotas, commissions, etc)

Q : Faces of human resource management

Evans, Pucik, & Bjorkman (2010) discuss the three faces of human resource management:

Q : What pmpm rate should you set

You have contracted with a Primary Care Medical group at $45.00 per visit with a $5.00 copayment that you will receive. What PMPM rate should you set?

Q : Project initiation

One of the most important aspects of managing risk for a project is to accurately define the size of the project.

1925940

Questions
Asked

3,689

Active Tutors

1415972

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Discuss - x-ray shows a spiral fracture of the femur

Question: The client is a 9-month-old whose babysitter brings her to the ER. An x-ray shows a spiral fracture of the femur.

Problem regarding cognitive behavioral therapy

Paraphrase and simplify: Introduction Cognitive Behavioral Therapy (CBT) is applied differently for families compared to individuals,

Providing discharge education to the parents

While the nurse is providing discharge education to the parents of an 18-month-old child, the parents express concern that their child

How medical services may be provided

Discuss the similarities and differences in how medical services may be provided in these 3 medical communication types multidisciplinary team

Assisting parents of infant who requires a pavlik harness

A nurse is assisting the parents of an infant who requires a Pavlik harness. The parents are apprehensive about how to care for their infant

Assessing the neurovascular status of a client

Question: The nurse is assessing the neurovascular status of a client recovering from surgery for Blount disease.

How do corticosteroids act on the immune system

Question: How do corticosteroids act on the immune system? Group of answer choices