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Revenue Recognition Update and Application
The new revenue recognition standard is an opportunity for healthcare organizations to increase their understanding of how they generate revenue and clean up the balance sheet of any legacy accounts receivable. Additional disclosure requirements will allow the users of the financial statement to better understand how a company makes its money and what the risks are related to the various sources of revenue. For most healthcare providers, the processes they currently have will only need to be enhanced to be able to meet the requirements of the standard. The biggest challenge will be getting the data you need.

Oct 17, 2017 11:30 AM in Central Time (US and Canada)

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