How is revenue reported when matching the period in which care is provided to patients?

Revenue is reported as Patient Service Revenues when matching the period in which care is provided to patients because this approach aligns with the accrual basis of accounting, which recognizes revenue when services are rendered, rather than when payment is received. In the context of healthcare, Patient Service Revenues directly reflect the income generated from patient care services, emphasizing accurate financial reporting based on the timing of service delivery.

This is particularly important for healthcare organizations as it ensures that the financial statements accurately represent the organization's performance during a specific reporting period, allowing for effective financial management and decision-making. Other options like Premium Revenues, Charitable Donations, and Subscription Revenues pertain to different types of income streams and do not directly correlate to the provision of patient care services as measured in the context of service delivery timing.