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FOR BHF USELL1
2016
STATE OF ILLINOIS
DEPARTMENT OF HEALTHCARE AND FAMILY SERVICES
FINANCIAL AND STATISTICAL REPORT (COST REPORT)
FOR LONGER CARE FACILITIES
(FISCAL YEAR 2016)I.DPH License ID Number:
Facility
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What is eliminated in schedule v?
Schedule V lists eliminations to adjust financial statement line items to present the separate entities as one economic entity.
Who is required to file eliminated in schedule v?
Any organization with multiple separate entities that need to be presented as one economic entity.
How to fill out eliminated in schedule v?
Eliminations on Schedule V can be filled out by adjusting the financial statement line items of each separate entity to eliminate intercompany transactions or other related party transactions.
What is the purpose of eliminated in schedule v?
The purpose of Schedule V is to present multiple separate entities as one economic entity by eliminating intercompany transactions and other related party transactions.
What information must be reported on eliminated in schedule v?
Information on intercompany transactions and related party transactions that need to be eliminated to present the entities as one economic entity.
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