Valentino is a patient in a nursing home for 49 days of, Cost Accounting

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Valentino is a patient in a nursing home for 49 days of

Valentino is a patient in a nursing home for 49 days of 2015. While in the nursing home, he incurs total costs of $19,404. Medicare pays $11,642 of the costs. Valentino receives $21,344 from his long-term care insurance policy, which pays while he is in the facility. Assume that the daily federal statutory amount for Valentino is $330.

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Cost Accounting: Valentino is a patient in a nursing home for 49 days of

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Cost Accounting: Valentino is a patient in a nursing home for 49 days of

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