User Account

All Pages

Determine the amount of net operating income

Assignment Help Accounting Basics
Reference no: EM13978734

Determine the amount of net operating income that would result for a hospital whose payer mix and expected volume (100 cases) is as follows:

30 Medicare cases

 

pay $2,000 per case

 

 

30 Blue Cross Blue Shield cases

 

pay $2,200 per case

 

 

20 commercial cases

 

pay 100 percent of charges

 

 

10 Medicaid cases

 

pay average cost

 

 

8 self-pay cases

 

pay 100 percent of charges

 

 

2 charity cases

 

pay nothing

 

 

 

 

 

 

 

Average cost per case is expected to be $2,200, and the average charge per case is $2,500

Calculate Gross patient revenue and deductions from gross patient revenue1

you should have four categories:

Gross patient revenue

Deductions from gross patient revenue

Net patient revenue

Total expenses

Excess of revenues over expenses ($2,000)***************

Reference no: EM13978734

Questions Cloud

What type of operations does your algorithm do : There is a set of numbers stored in a file, but we don't know how many it contains. Write an algorithm in pseudocode to calculate the average of the numbers stored in this file. What type of operations does your algorithm do? How many of each of ..
Standards for one unit of product : Pardoe, Inc., manufactures a single product in which variable manufacturing overhead is assigned on the basis of standard direct labor-hours. The company uses a standard cost system and has established the following standards for one unit of produ..
Research some common criticisms of the sarbanes-oxley act : Research some common criticisms of the Sarbanes-Oxley Act and weigh the benefits of the legislation. In 1-2 pages, discuss the need for the legislation and how it helped and hurt American businesses. Was it appropriate considering the times? How c..
Describe the features that you are going to investigate : Advise the council on the minimum area that should be established as a soft landing zone around a playground swing - Describe the features that you are going to investigate. Give some indication of the approach used to create the model.
Determine the amount of net operating income : Determine the amount of net operating income that would result for a hospital whose payer mix and expected volume (100 cases) is as follows:
Purpose of your interview : Assume you are employed as a counselor at your local high school. You need to conduct a 30-minute interview with a student who has suddenly had a dramatic decline in her grades. Purpose of your interview and Discuss the topics you plan to cover and..
How far is your eye from the objects : Two objects reflect light of 550nm. How far is your eye from the objects when they are at the limit of resolution according to the Rayleigh criterion?
Improve organizations ability to adapt and solve problems : Identify an actual organization with which you are familiar. Identify a possible change that will increase this organization's effectiveness and/or health. Select an established change model to implement this change.
What internal control problems do you find : a. What internal control problems do you find? b. How can MM improve internal controls?

Reviews

Write a Review

Accounting Basics Questions & Answers

  On august 1 matrix stores inc is considering leasing a

on august 1 matrix stores inc. is considering leasing a building and purchasing the necessary equipment to operate a

  Company has the following information income tax rate 40

company has the following information income tax rate 40 selling price per unit 7.50 variable cost per unit 2.50 total

  Covariance and correlation help to create diversification

Diversification in an investment portfolio is a significant concept for creating the highest return for the least amount of risk. To create this diversification portfolio managers consider the covariance and correlation of investments. Explain how..

  Suppose a situation in which the client under audit by the

suppose a situation in which the client under audit by the irs omitted 100000 in income. from the e-activity analyze

  Cost of ending inventory and cost of goods sold

Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 430 units occurred on June 15 for a selling price of $8 and a sale of 370 units on June 27 fo..

  What are the four acceptable inventory valuation methods

what are the four acceptable inventory valuation methods under the u. s. generally accepted accounting principles gaap

  Determining number of units produced-ending inventory

Heath Company has beginning inventory of 21,000 units and expected sales of 48,000 units. if the desired ending inventory is 15,500 units, how many units should be produced?

  Construct record a liability for environmental liabilities

In 2007, at the time of the purchase, should Construct record a liability for environmental liabilities? If so, how much and In 2008, should the company record any liability due to BigMix filing for Chapter 11? If so, how much?

  Warranty expenses during the year

In the current year, Hanna Company reported warranty expense of $196,000 and the warranty liability account increase $13,000. What were warranty expenditures during the year?

  Income for six year statute of limitations

What amount must be omitted from income for the six year statute of limitations apply:

  What is a pension plan as used in a firm

What is a pension plan as used in a firm and related to employee compensation? What is the difference between a defined contribution plan and a defined benefit plan?

  Research operational barriers

Using the module readings, online library resources, and the Internet, research operational barriers. Based on your research, address the following:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd