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Based Upon Saint Thomas Hospital's Established Billing Rate Structure, the Hospital

Question 33

Multiple Choice

Based upon Saint Thomas Hospital's established billing rate structure, the hospital would have earned patient service revenue of $5,100,000 for the year.However, Saint Thomas does not expect to collect this amount because of charity care provided in the amount of $600,000 and contractual allowances to third-party payers of $450,000.How much should Saint Thomas record as patient service revenue for the year?


A) $5,100,000
B) $4,650,000
C) $4,500,000
D) $4,050,000

Correct Answer:

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