47 cash - An Overview
47 cash - An Overview
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In the calendar year finished December 31, 2023 and the three months and 12 months ended December 31, 2022, the reduction on property held for sale pertains to the LTC reporting unit within the Pharmacy & Shopper Wellness segment. During 2022, the organization determined that its LTC business was no longer a strategic asset and dedicated to a want to offer it, at which period the LTC business fulfilled the standards for held-for-sale accounting and its Internet property ended up accounted for as property held available. The carrying worth of the LTC enterprise was determined to get greater than its approximated good price less prices to market and, accordingly, the corporate recorded a reduction on assets held available for sale in the course of the 3rd quarter of 2022. As of December 31, 2022, The web property in the LTC business ongoing to fulfill the standards for held-for-sale accounting And through the fourth quarter of 2022, an incremental loss on assets held available was recorded to jot down down the carrying price of the LTC small business to its estimated good benefit much less costs to sell.
(ten) Wellness Products and services mail & specialty revenues relate to specialty mail promises inclusive of Specialty Hook up® promises picked up in a retail pharmacy, and mail get and specialty claims fulfilled with the Pharmacy & Shopper Wellness phase.
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Administration and buyers use this metric as an indicator in the adequacy in the Wellness Care Benefits phase's health and fitness treatment fees payable legal responsibility at the end of Every quarter and being an indicator of changes in these types of adequacy over time.
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