Duality is the concept that every transaction has two effects. A health care facility can purchase new assets such as computers. Fixed assets will increase, which will also increase their liabilities or cash. The values of liabilities and net assets added together equal the value of assets. This equation balances financial sheets all the time. The values in liabilities, net assets, and assets varies in relation to a constantly changing health care world. Health care organizations have a large number of transactions. Hospitals
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Government-financed health care (GFHC) expenditures, through Medicare and Medicaid, have grown from roughly zero to over percent of national income over the past 50 years.
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