The assignment is comparing St. Judes Children's Research Hospital/ALSAC (not-for-profit) to Universal Health Services (for profit).
The requirements for this assignment are a response to the assigned question between 215-225 words with references in APA format the written response to the assigned question with speaker notes and references.
I've attached the reading material for the Case Study - it's Case 3 for St. Jude's.
CASE: Charitable Contributions and Debt: A Comparison of St. Jude Children's Research Hospital/ALSAC and Universal Health Services
Requirement A: Recording Revenue
1. What is meant by the reference in Table 5.3-1 to an FAS 116 adjustment?
2. How are contributions recorded? Is there a distinction between pledges receivable and accounts receivable?
3. Are there circumstances when financial statements can quantify volunteers' services?
4. Can financial statement users of not-for-profit hospitals' financial statements expect to be fully informed regarding affiliated parties, such as the linkages between St. Jude Children's Research Hospital, ALSAC, and the foundation cited? Explain.
Requirement B: Revenue Mix (Strategy-Related Considerations)
1. How does this revenue mix compare with the revenue blend of the not-for-profit entity, St. Jude Children's Research Hospital (ALSAC)? Access the latest SEC filing and compare the reported revenue mix; has it changed?
2. What does that imply as to the strategies of investor-owned hospitals in managing risk and ensuring adequate capital relative to not-for-profit entities? An opportunity exists to explore the greater social and political questions that are frequently debated about the compatibility of profit-oriented entities and quality of health care, relative to not-for-profit entities. As background, identify what the latest SEC filings report concerning charity care.
Attachment:- case.pdf