February 26, 2017

Homework Help: healthcare finance

Posted by tori on Tuesday, December 7, 2010 at 8:48pm.

Suppose that a clinic has third-party payer revenues of $10,000 a day. On average, it takes the clinic 50 days to collect from its payers. What will be the steady state receivables balance?

a. $ 10,000

b. $ 50,000

c. $250,000

d. $500,000

e. $750,000

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