Why is it important for a health informatics or information professional to understand a financial statement?

What portions of the financial statements are most impacted by HIM functio Show more {please cite the answers} What portions of the financial statements are most impacted by HIM functions? Why is it important for a health informatics or information professional to understand a financial statement? Discuss how the four components of the financial statement are related. Who is the primary audience for a hospitals financial statement? Or a physician practices financial statement? Why might a physician not want to release his or her financial statement publicly if they are in a solo practice? If a computer system was purchased for $20000 and has a useful life of 10 years what is the net value of the computer system after 7 years (assume straight line depreciation)? a. 7000 b. 20000 c.14000 d. 6000 A hospital treated a Medicare patient for pneumonia and expected to be paid $4500. If the total charge for the admission was $15500 what is the contractual allowance for that case? a. 15500 b. 11000 c. 4500 d. 20000 {please cite the answers} Show less

Why is it important for a health informatics or information professional to understand a financial statement? Discuss how the four components of the financial statement are related. Who is the primary audience for a hospitals financial statement? Or a physician practices financial statement? Why might a physician not want to release his or her financial statement publicly if they are in a solo practice? If a computer system was purchased for $20000 and has a useful life of 10 years what is the net value of the computer system after 7 years (assume straight line depreciation)? a. 7000 b. 20000 c.14000 d. 6000 A hospital treated a Medicare patient for pneumonia and expected to be paid $4500. If the total charge for the admission was $15500 what is the contractual allowance for that case? a. 15500 b. 11000 c. 4500 d. 20000 {please cite the answers} Show less


 

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