A hospital incurs $10 million of cost to treat Medicaid patients and receives $7 million in payment. Actual charges for these Medicaid patients were $20 million. The net community benefit expense that would be reported in Schedule H of IRS Form 990 would be?
A. $10 million
B. $7 million
C. $3 million
D. None of the Above
The answer is $3 million as the benefits received by the hospital would be ...
Multiple choice question related to net community benefit expense.