The “gap.” Describe the “gap” that health care organizations are facing. What unique problems does it present? And what benefits? Financial statement terminology. a. What are each of the major...

The “gap.” Describe the “gap” that health care organizations are facing. What unique problems does it present? And what benefits?

Financial statement terminology.

a. What are each of the major financial statements commonly called in for-profit health care entities? In not-for-profit health care entities?

b. Describe the three major sections common to all financial statements.