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Consider the following financial statements for BestCare HMO, a not - for - profit managed care plan:BestCare HMO Statement of Operations and Change in Net
Consider the following financial statements for BestCare HMO, a notforprofit managed care plan:BestCare HMO Statement of Operations and Change in Net Assets, Year Ended June in thousands
tableRevenue:Premiums earned,$CoinsuranceInterest and other income,Total revenues,bar $Expenses:Salaries and benefits,$Medical supplies and drugs,InsuranceProvision for bad debts,DepreciationInterestTotal expenses,$Net income,bar $Net assets, beginning of year,$Net assets, end of year,$
tabletableBestCare HMO Balance Sheet,June in thousandsAssets:Cash and cash equivalents,$Net premiums receivable,SuppliesTotal current assets,bar SNet property and equipment,bar STotal assets,bar SLiabilities and Net Assets:,Accounts payablemedical services,$Accrued expenses,Notes payable,Current portion of longterm debt,Total current liabilities,$Longterm debt,$Total liabilitics,$Net assets equity$Total liabilities and net assets,$
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