ASC 606 Revenue Recognition is now effective for public entities, including conduit debt obligors.
ASC 606 requires healthcare providers to evaluate revenue recognition in a new way. Your healthcare organization may experience significant differences in accounting and billing processes even if you were not anticipating a change to top line revenue.
This webinar discussed the implementation issues and challenges facing healthcare providers. Presenters also provided guidance related to the disclosure requirements and revenue enhancement opportunities because of adoption of ASC 606.