Allowance for uncollectible payments

Assignment Help Operation Management

Reference no: EM132223055

A medical office has many patients covered by WeCare, a preferred provider health insurance company. A Level 1 office visit has a standard charge of $80. WeCare pays $50. The past history shows that WeCare denied 5% of claims for Level 1 office visits. There were 100 Level 1 office visits by WeCare patients in the past month. Assuming the same past history, what will the totals be for accounts receivable and less: Allowance for Uncollectible payments?

Reference no: EM132223055

Questions Cloud

Companies look at total quality management : Nowadays, companies look at Total Quality Management (TQM) as another business change that must be implemented due to market pressure.

Concrete is probably only major construction component : Concrete is probably the only major construction component that is manufactured on site as opposed to in controlled factory conditions.

Difference help leadership to become more effective : Why does identifying the difference help leadership to become more effective?

Viewing exercising leadership in terms of adaptive work : What are the advantages to viewing exercising leadership in terms of adaptive work?

Allowance for uncollectible payments : Assuming the same past history, what will the totals be for accounts receivable and less: Allowance for Uncollectible payments?

Exception to exhaustion of remedies requirement : Which of the following is not an exception to the exhaustion of remedies requirement? Which is not a step in an administrative agency's adoption of regulation ?

Difference between chase strategy and level strategy : What is the difference between a chase strategy and a level strategy in sales and operations planning?

Classification for mark and example of service mark : Which of the following is not a classification for a mark? Which of the following is not an example of a service mark?

Filed with the patent and trademark office : Which of the following property rights have to be filed with the Patent and Trademark Office? Which of the following is not a type of patent?

User Account

All Pages