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ACC281: Accounting Concepts for Health Care Professionals-Uncollectable Accounts
Uncollectible Accounts 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.