The Higher the Receivable Turnover,the Lower the Days' Sales Uncollected

question 73

True/False

The higher the receivable turnover,the lower the days' sales uncollected.

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Definitions:

Nursing Documentation

The detailed recording of a patient's care, treatment, and progress by nurses, which is essential for continuity of care and legal purposes.

The Joint Commission

An independent, not-for-profit organization that accredits and certifies healthcare organizations and programs in the United States.

Incident Report

A documentation of any unusual or unexpected event in a healthcare setting that could have or did lead to harm for a patient, employee, or visitor.

Malpractice Lawsuit

A legal action taken against a healthcare professional or organization for negligence or providing substandard care causing harm to a patient.