Write a 350- to 700-word summary that addresses the following: Annual report, including the Patton-Fuller financial statements How did the audited and unaudited financial statements differ?
Relationship between revenue sources and expenses on Patton-Fullers financial performance What is the effect of revenue sources on financial reporting at the hospital? How are the hospitals revenues and expenses grouped for planning and control? Format your paper consistent with APA guidelines. INFORMATION TECHNOLOGY HUMAN RESOURCES FACILITIES CORPORATE OFFICERS CHIEF COMPLIANCE OFFICER CHIEF FINANCIAL OFFICER CHIEF NURSING OFFICER CHIEF OPERATIONS OFFICER DIR. OF ENVIRONMENTAL SERVICES CHIEF FINANCIAL OFFICER Financial Statements Budgets Annual Report Special Projects Information Systems Overview FINANCIAL STATEMENTS Balance Sheet Statement of Revenue and Expense Statement of Retained Earnings and Stockholders Equity Statement of Cash Flows Downloads Patton – Fuller Community Hospital Balance Sheet 2009 – 2008 (In Thousands) (Unaudited) 2009 2008 Assets Current Assets Cash and Cash Equivalents $22,995 $41,851 Assets of Limited Use 27,594 41,851 Patient Accounts Receivable (net of Allowance for Bad Debts 2009: $10,7572008: $6,777) 59,787 37,666 Other Receivables (3rd party payer settlements) — 87 Inventories 18,396 8,370 Prepaid Expenses 95 201 Total Current Assets $128,867 $130,026 Other Assets Funded Depreciation $137,970 $167,404 Held under Bond Indenture 73,584 75,332 Property, Plant and Equipment, net 248,346 175,774 Total Assets $588,767 $548,535 Liabilities and Equity Current Liabilities Current portion of long-term debt $14,599 $4,185 Accounts payable, accrued expenses 9,198 4,185 Bond interest payable 10 10 Total Current Liabilities $23,807 $8,380 Other Liabilities Long-term debt $452,945 $209,255 less: current portion of long-term debt 14,599 4,185 Net long-term debt $438,346 $205,069 Total Liabilities $462,153 $213,450 Equity Common Stock, $ 0.01 par value 10,000,000 shares authorized 5,000,000 shares outstanding $50 $50 Additional paid-in capital 0 0 Retained Earnings (or “Net Worth” or “Unrestricted Fund Balance”) 126,564 335,035 Total Liabilities and Equity $588,767 $548,535 Note: Maximum Annual Debt Service Bond interest payable $10 $10 Current portion of long term debt 14,599 4,185 Maximum Annual Debt Service $14,609 $4,195 Virtual Organizations Portal. | 2006, 2008, 2010, 2011, 2013 Apollo Group, Inc. All rights reserved.
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