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Started By
Message
6
Posted on 4/18/20 at 9:45 am to Rouge
quote:
Loss in revenue does not equal loss
Wow
Posted on 4/18/20 at 9:46 am to Rouge
quote:
Loss in revenue does not equal loss, fyi
...
Posted on 4/18/20 at 9:47 am to Rouge
See yourself out the door rouge
Posted on 4/18/20 at 10:28 am to Rouge
quote:
Loss in revenue does not equal loss, fyi
Can’t lose something you never had in the first place.
Posted on 5/3/20 at 2:55 pm to Rouge
quote:
Loss in revenue does not equal loss, fyi
Holy shite
Posted on 5/3/20 at 4:22 pm to Rouge
quote:
Loss in revenue does not equal loss, fyi
A lot of people in this thread are shitting on you, but I get what you’re saying. This is correct, a loss is typically not really referring to revenue and in the accounting world it is simply when expenses exceed revenues. Theoretically a company can have a $130 M loss in revenue and still turn a profit. Healthcare accounting is its own animal, but accompanying elective surgery revenues would be elective surgery costs, so the loss is likely due to fixed expenses that exist even when they don’t have a single patient come in the door.
This post was edited on 5/3/20 at 5:04 pm
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