Note X – Concentration of Credit Risk
The (district) grants credit without collateral to its patients, most of whom are local residents and are insured under third-party payor agreements. No single patient comprises more than five percent of total receivables at year-end. [1]
The mix of patient receivables at December 31, 20__ was as follows:
Medicare |
_____% |
Medicaid |
_____% |
Self-Pay (and Private Insurance) |
_____% |
Other Third Party Payors |
_____% |
Instructions to preparer:
[1] Modify this statement accordingly.