Week 2 discussion questions what are the largest expense categories incurred by health care service organizations what are the titles and functions of the four financial statements usually included in an audited financial report. What are the largest expense categories incurred by health care service organizations.
Hospital inpatient care, despite declining substantially as a proportion of total expenses over the last two decades (hahn and lefkowitz, 1992), was still the largest component of health care expenses in 1996, making up 38 percent of the total.
Top healthcare cost categories march 19, 2012 by richard caro 2 comments this post examines the size of the different components that make up the total $26 trillion national healthcare expenditures (nhe) of the usa. There are many large expense categories that a health care organization acquires, or incurred and one of the largest in this nation at this current time is health care costs and these costs keep rising every year, because of things such as, to many people on medicare and medicaid, people not having any type of health care coverage, and to many health care services and product being incurred and never get paid for. Nonpayment for services rendered is one of the largest expenses incurred in the health care organization claims, by far, is number one employee expenses, number two - salaries, benefits, compliance, payroll taxes, etc.
Hospitals maintain contracts with a broad array of private health plans, with agreed schedules of reimbursement for practically every type of medical service medicare and medicaid mandate what hospitals can receive for their reimbursement. 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.