![]() Like the balance sheet, the statement of cash flows is as of a single point in. Depending on the asset class and your location, you may be required to calculate depreciation differently. (Note that this is a simplified linear depreciation example. The Company's technology allows it to leverage the hospitals existing television and cable infrastructure to create a communication portal for patients and third parties. For accounting purposes, depreciation expense is calculated by the double. Tax authorities allow you to claim a depreciation expense of (2,000/5) 400 per year. Having developed the industry's newest, leading-edge communication/information platform for the healthcare industry, the company is poised to capture a significant segment of the multi-billion dollar healthcare market. The Company's products and services utilize a state-of-the-art proprietary technology platform that optimizes workflow efficiencies, reduces administrative costs, and maximizes reimbursement opportunities by converting real-time data into business intelligence. It is a leading provider of patient-centric services and workflow performance systems for healthcare institutions. Patient accounts receivable are presented net of allowances for doubtful. Using this information, an investor might decide that a company with uneven cash flow is too risky to. It can also reveal whether a company is going through transition or in a state of decline. ![]() and TB&A Hospital Television, Inc., provides patient centric nonmedical services which improve hospital financial performance. For purposes of the statement of cash flows, the Company considers all highly. For example, cash flow statements can reveal what phase a business is in: whether it’s a rapidly growing startup or a mature and profitable company. Patient Portal Technologies, Inc., through its operating subsidiaries, Patient Portal Connect, Inc. Depreciation does not directly impact the amount of cash flow generated by a business, but it is tax-deductible, and so will reduce the cash outflows related to income taxes.
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