Division of Financial Services
Accounting
Medical Physicians Organization (WCMC Only) | Medical services include revenue generated by physician members conducting instructional and research activities as well as clinical practice income from their professional services to patients. Revenues for research and other specific-purpose gifts, grants, or endowment income restricted to the Physicians Organization are not included in this category. Those revenues should be included in their respective revenue categories. |
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Required Documentation | TBD. |
Procedural Notes | Use is limited to Weill Cornell Medical College. Permitted WCMC GL code: 44xxxx Note: Ithaca object code 4005 (Medical Physicians Organization – medical services) should be used for financial statement reporting only. |