P&P Board Statement 20: Mergers, Acquisitions, and Collaborations
This statement interprets and applies the conclusions of existing accounting literature to merger, acquisition, and collaboration transactions involving not-for-profit healthcare entities, which are not specifically addressed in GAAP related to business combinations.
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P&P Board Statement 18: Public Disclosure of Financial and Operating Information
This statement identifies the types of financial operating data that should be disclosed by healthcare providers on an ongoing basis. It seeks to improve the understanding between those who provide financial information and those who use this information.
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P&P Board Statement 17: Assessments and Arrangements Similar to Taxes
This statement addresses recommended accounting for three broad types of transactions: arrangements for governmental services, charity pools, and general governmental support. An exposure draft of this statement was issued on April 1, 1993.
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P&P Board Statement 16: Classifying, Valuing, and Analyzing Accounts Receivable
This statement provides standards for the elements needed to calculate revenue in accounts receivables. It provides a framework for enhanced external comparison of accounts receivable.
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P&P Board Statement 15: Charity Care and Bad Debt Reporting
Confusion in classification between bad debt and charity care, compounded by wide diversity in reporting practice, has muddied these aspects of the financial statement. Therefore, the Principles and Practices Board has updated its accounting guidance on the correct way to measure and report these two components of uncompensated care.
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P&P Board Statement 11: Accounting and Reporting for Risk Contracts
Statement No. 11 addresses the unique accounting considerations healthcare providers confront when entering into risk contracts.
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FAQs: HFMA's Principles and Practices Board Statement 15
This document addresses questions HFMA's P&P Board has received regarding its guidance on how to report charity care services and bad debts
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