Contractual Allowances & Grouping Revenue & Expenses

Contractual Allowances & Grouping Revenue & Expenses contractual Allowances & Grouping Revenue & Expenses Instructions Assignment Files Grading Resource: University of Phoenix Material: Contractual Allowances, Grouping Revenue, and Grouping Expenses Appendix C - HCA/270 Health Care Finance PART III - Grouping Expenses by Cost Center Background: Cost centers are used in an organization to group expenses. For example, the patient registration department would be a cost center. All costs associated with operating the patient registration department would be grouped into this cost center. Items such as paper, copier rental, education and training for new employees, and computers used by the registration employees would be allocated to this cost center. Directions: The Ascension Health System’s rehabilitation center offers outpatient physical therapy, occupational health services, plus cardiac and pulmonary rehabilitation to get people back to a normal way of living. Place an X for each expense in the box that corresponds with the appropriate cost center. The rehabilitation center expenses include the following: (1) Physical therapist salaries (2) Customer service call center (3) Electrocardiography machine for evaluating cardiac patients (4) Nurse manager salary (5) New exercise mats used for physical therapy (6) TV commercials and billboards (7) Walkers, canes, transfer bars, barbells, and Weights (8) Office supplies (9) Employee attended health care seminars (10) Pulmonary function test machine (11) Patient education pamphlets and videos (12) Pots and pans, large utensils, reachers, and other help aids (13) New employee orientation (14) Occupational therapists' salaries (15) Copier maintenance Expense Cost Centers Professional Services: RN, therapy Cardiac/ Pulmonary Rehab Therapy Rehab Marketing Administrative Training