Accounting Concepts for Health Care Professionals

Using your text and at least one scholarly source, prepare a two to three page paper (excluding title and reference page), in APA format, on the following:

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.

Sample Solution