2018 Fiscal Year for XYZ Hospital

Depreciation: 448,350

Insurance expense: 373,030

Interest expense: 280,450

Investment income: 270,900

Repairs/maintenance: 222,740

Patient Services revenue: 10,725,260

Rent expense: 299,250

Salaries and benefits: 6,735,610

Supplies: 1,025,625

Utilities: 227,500

Based upon your income statement, answer the following in the space provided:

b. What is the net patient revenue? _______________

c. What are the total expenses for the year? ______________

d. What is the hospital's bottom line for the year? ______________

e. What % of net patient revenue is spent on salaries and benefits? __________