Attached is an incomplete income statement for a clinic. That is built for six months of income and expenses. The first two months are started, and you must complete the remaining months to complete the budget. Note: This example is for a clinic or service line, and the patient reimbursement is an average per patient.

	Six Months 2022	June	July	August	Sept	Oct	Nove	December		Totals
STATISTICS:
	patients	280	260
	Per day (Averg) 17	$180	$180
OPERATING REVENUE:
	Patient Charges (Adjusted/Avg)	$50,400	$46,000							$96,400
	Revenue Adjustments (Subtract)	$500	$100
	Other Revenue	$200	$1,000							$1,200
	Debt	$200	$0
										$0
	Net Receipts	$49,900	$46,900	$0	$0	$0	$0	$0		$97,600
OPERATING EXPENSES:
	Clinicians Salary (1)	$16,000	$16,000							$32,000
	Full time equivalents	$5,100	$ 5,100.00							$10,200
C	Wages-Sraff	$8,000	$8,000							$16,000
	Payroll taxes	$1,500	$1,500							$3,000
D	Health insurance	$200	$200							$400
	Other benefits @ 5%	$2,000	$1,000							$3,000
	Total Employment Costs	$32,800	$31,800	$0	$0	$0	$0	$0		$64,600
	OTHER OPERATING COSTS:
	Advertising	$100	$200							$300
	Dues & Licenses	$400	$200							$600
E	Insurance-malpractice	$400	$400							$800
	Insurance-Office & Workers Comp.	$500	$500							$1,000
F	Medical / surgical supplies	$900	$975							$1,875
G	Lab Supplies	$150	$200							$350
	Linen Expense									$0
H	Office supplies	$50	$50							$100
	Minor Equipment	$0	$0							$0
I	Postage									$0
	Accounting/Payroll									$0
J	Legal & accounting	$100	$200							$300
K	Practice management-start up									$0
L	Practice management									$0
M	Computer billing system	$500	$500							$1,000
N	EMR System	$500	$500							$1,000
O	Rent	$5,100	$5,100							$10,200
P	Maintenance									$0
Q	Gas,electrice/utilities	$380	$400							$780
R	Telephone/communications	$400	$400							$800
	Rental of equipment	$120	$120							$240
S	Interest expense	$100	$100							$200
T	Depreciation expense									$0
										$0
	Other operating expenses									$0
		$9,700	$9,845	$0	$0	$0	$0	$0
	Operating Expenses									$19,545
	Total Operating Expenses	$42,500	$31,800	$0	$0	$0	$0	$0		$84,145
Net Income (Loss)	$7,400	$15,100	$0	$0	$0	$0	$0		$22,500