What are the largest expense categories incurred by health care service organizations Essay Example

What are the largest expense categories incurred by health care service organizations Essay In opinion, one of the biggest expenses for medical facilities is unpaid services. Costs occurred from patients that are unpaid privately or not fully reimbursed from insurance companies would be one of the biggest expenses incurred in health care services. Another expense that is high on the list of expenses for health care services would be equipment and personnel. Health care personal have high salaries as well as costs for additional training and tuition reimbursement if the health care facility participates in such programs. Equipment also can cost in the tens of thousands of dollars to over a million to buy the equipment, depending on the equipment. Then there is the training for the personnel operating it, the maintenance on the equipment and anything else having to do with each specific piece. A medical facility has costs no matter what it is they do. The overhead costs, which includes the operating of the building, the salaries of the personnel in the building and anything that has to do with that account for much of the expenses incurred in health care facilities along with services rendered. We will write a custom essay sample on What are the largest expense categories incurred by health care service organizations specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on What are the largest expense categories incurred by health care service organizations specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on What are the largest expense categories incurred by health care service organizations specifically for you FOR ONLY $16.38 $13.9/page Hire Writer What are the titles and functions of the four financial statements usually included in an audited financial report? The four basic financial statements include the balance sheet, the statement of revenue and expense, the statement of fund balance or net worth, and the statement of cash flows. The balance sheet records what an organization owes and what it is worth if for profit organization and uses fund balance rather than equity for nonprofit organizations. Like the name suggests the balance sheet balances finances in the organization. It is stated at a particular point in time. It displays the total of assets of he organization and the total of what the organization owes. That is its liabilities and its net worth (fund balance). This can be visualized as Assets- Liabilities- Net worth/ Fund balance. The statement of revenue and expense covers a point in time rather than one single date or point in time. The concepts shows that revenue, or inflow, less expenses , or outflow, result in an excess of revenue to expenses if the year has been good, or an excess of expenses over revenue resulting in a loss if the year has been bad, The formula for a condenses statement of revenue and expense would be: operating revenue- operating expenses=operating income. A statement of changes in fund balance/net worth is linked to the previous financial reports. The excess of revenue flows back into equity or fund balance through the statement of fund balance/ net worth. The statement of cash flows deals a lot with accrual basis accounting. For example, Depreciation is recognized within each year as an expense, but it does not represent a cash expense. This is a concept that now enters into the statement of cash flows. The fourth major report—the statement of cash flows—interlocks with the other three major reports. (Baker Baker, 2011).

Italian Capitalization Rules

Italian Capitalization Rules In Italian, an initial capital letter (maiuscolo) is required in two instances: At the beginning of a phrase or immediately after a period, question mark, or exclamation markWith proper nouns Other than these cases, the use of uppercase letters in Italian depends on factors such as stylistic choices or publishing tradition. There is also the maiuscola reverenziale (reverential capital), which is still used frequently with pronouns and possessive adjectives that refer to Dio (God), people or things considered sacred, or people of high regard (pregare Dio e avere fiducia in Lui; mi rivolgo alla Sua attenzione, signor Presidente). In general, though, in contemporary usage, there is a tendency to avoid capitalization that is considered unnecessary. Capitalization at the Beginning of a Phrase To illustrate the occurrences where capital letters are used at the beginning of a phrase here are some examples: Titles in various genres: not just text, but also chapter headings, articles, and other subdivisionsThe start of any text or paragraphAfter a periodAfter a question mark or exclamation mark, but an initial lowercase may be permitted if there are strong logic and continuity of thoughtAt the beginning of a direct speech If a sentence begins with an ellipsis (...), then usually the examples described above begin with lowercase, except when the first word is a proper name. Those instances still require the use of the uppercase. Similarly (but more in terms of a typography choice) is the case in which a capital letter is used at the beginning of each verse in poetry, a device that is sometimes used even when verse is not written on a new line (for reasons of space), instead of using a slash (/), which is generally preferable to avoid ambiguity. Capitalizing Proper Nouns In general, capitalize the first letter of proper names (whether real or fictitious), and any terms that take their place (sobriquets, aliases, nicknames): Person (common names and surnames), animals, godsNames of entities, places, or geographical areas (natural or urban), astronomical entities (as well as astrological)Names of streets and urban subdivisions, buildings and other architectural structuresNames of groups, organizations, movements, and institutional and geopolitical entitiesTitles of artistic works, trade names, products, services, companies, eventsNames of religious or secular holidays There are also cases in which the initial letter is capitalized even with common nouns, for reasons ranging from the need to distinguish them from common concepts, personification, and antonomasia, to showing respect. Examples include: The names of historical eras and events and even of geological periods, centuries and decades; the latter can be written in lower case, but it is preferred to use uppercase if the intent is to call out the historical period.The names of a populace; usually it is customary to capitalize the historical peoples of the past (i Romani), and use lowercase for present-day people (gli italiani). Somewhat more ambiguous, however, is the use of capital letters in Italian compound nouns or in those nouns consisting of a sequence of words; there are a couple of hard-and-fast guidelines, though, that can be recommended: Initial capital letters are required with the sequence common name surname (Carlo Rossi) or more than one common name (Gian Carlo Rossi)Proper names used within nominative sequences such as: Camillo Benso conte di Cavour, Leonardo da Vinci The prepositional particles (particelle preposizionali), di, de, or d are not capitalized when used with the names of historical figures, when surnames didnt exist, to introduce patronyms (de Medici) or toponyms (Francesco da Assisi, Tommaso dAquino); they are capitalized, though, when they form an integral part of contemporary surnames (De Nicola, DAnnunzio, Di Pietro). Capitalization finds its most widespread in the names of institutions, associations, political parties and the like.  The reason for this profusion of capital letters is usually a sign of respect (Chiesa Cattolica), or the tendency to maintain the use of uppercase letters in an abbreviation or acronym (CSM Consiglio Superiore della Magistratura). However, the initial capital can also be limited to just the first word, which is the only obligatory one: the Chiesa cattolica, Consiglio superiore della magistratura.