Consider a healthcare organization with which you are familiar with and explain the difference between cash and accrual accounting in healthcare setting.

Your posts should be 150 words or more, reading

Chapter 3: “The Income Statement and Statement of Changes in Equity”

Chapter 4: “The Balance Sheet and Statement of Cash Flows”

Title: Healthcare Finance

Edition: 6th (2016)

Author: Gapenski

Publisher: Health Administration Press Book

ISBN: 978-1567937411

AND

Title: Gapenski’s Cases in Healthcare Finance

Edition: 6th (2018)

Author: Pink, Song

Publisher: Health Administration Press

Book ISBN: 978-1567939651

Financial Statements and Accounting Concept

Respond to the following:

Consider a healthcare organization with which you are familiar with and explain the difference between cash and accrual accounting in healthcare setting. Be sure to include a discussion of the revenue recognition and matching principles.

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