FAR Review Question: Need help differentiating between NFP hospitals.

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  • #195027
    jairvin3
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    Question 1 explanation states that a private NFP hospital does not deduct bad debt expense from revenue to get net patient service revenue.

    Question 2 explanation states that non-governmental NFP hospitals deduct charity services, bad debt, contractual adjustments, and policy discounts from gross patient service revenues to determine net patient service revenues.

    I am having trouble differentiating between the two. What is the difference between a private NFP hospital and a non-governmental NFP hospital?

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