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A private sector not-for-profit hospital billed patients $2,000,000 in January. Contractual adjustments with insurance providers...

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Accounting

A private sector not-for-profit hospital billed patients $2,000,000 in January. Contractual adjustments with insurance providers total $500,000. Of the remaining amount, the hospital expects implicit price concessions to total $300,000. How should these be reported

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