HIM 410 Week 5 Homework Exercises NEW

Week 5– Assignment Exercise 14 – 2 pg. 385

Assignment Exercise 14–2: Cumulative Inflation Factor for Comparable Data

Review Table 14-3 and the accompanying text.

Assumptions:

Two hospitals report their annual projected revenue for five years to the local newspaper for a story on the area’s future economic outlook. However, Hospital 1 has applied a cumulative inflation factor of five percent per year while Hospital 2 has not applied any inflation factor. Thus the information is not properly comparable.

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