Determine the net patient revenue for February

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Problem - Your hospital has billed charges of $4,000,000 in February. If your collection experience indicates that 20 percent is paid in the month billed, 40 percent in the second month, 20 percent in the third month, and 5 percent in the fourth month.

A. Determine the net patient revenue for February?

B. Determine the collections of February charges in February?

C. Determine the net accounts receivable at the end of March for February billings?

Reference no: EM133032926

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