healthcare finance

posted by .

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

  • healthcare finance -

    50,000

  • healthcare finance -

    50000

  • healthcare finance -

    50000

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Finance/Accounting

    Milwaukee Surgical Supplies, Inc, sells on terms of 3/10, net 30. Gross sales for the year are $1,200,000 and the collections department estimates that 30 percent of the customers pay on the tenth day and take discounts, 40 percent …
  2. Finance

    Milwaukee Surgical Supplies, Inc., sells on terms of 3/10, net 30. Gross sales for the year are $1,200,000 and the collections department estimates that 30% of the customers pay on the tenth day and take discounts, 40% pay on the thirtieth …
  3. accounting for health care environment

    Assume you are the financial director of a clinic that is a part of an organization named Getwell Clinics Incorporated. Your clinic—named after you—serves a suburban community with a population of about 24,000, of which 25% are …
  4. Healthcare Finance

    You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenues (10,000 visits) $400,000 Wages and benefits 220,000 Rent 5,000 Depreciation 30,000 Utilities 2,500 …
  5. Healthcare Finances

    You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follow: Revenues (10,000 visit) $400,000 Wages and benefits $220,000 Rent $5,000 Depreciation $30,000 Utilities $2,500 …
  6. Economics

    A clinic has $1 million in revenues and $950,000 in costs. What is its operating margin?
  7. Healthcare Finance

    you are considering starting a walk in clinic. Your financial projections are as follows: revenues $400,000, wages and benefits 220000, rent $5,000., depreciation $30,000., utilities $2,500., medical supplies $50,000. and administrative …
  8. Healthcare Finance

    You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenues (10,000 visits) $400,000 Wages and benefits 220,000 Rent 5,000 Depreciation 30,000 Utilities 2,500 …
  9. Healthcare finance

    You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenues (10,000 visits) $400,000 Wages and benefits 220,000 Rent 5,000 Depreciation 30,000 Utilities 2,500 …
  10. Healthcare finance

    You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenues (10,000 visits) $400,000 Wages and benefits 220,000 Rent 5,000 Depreciation 30,000 Utilities 2,500 …

More Similar Questions