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consider the following income statement: 11.2 Best Care HMO Statement of operations Year Ended June 30, 2012 (in thousands) Revenue: Premiums earned Coinsurance Interest and
consider the following income statement: 11.2 Best Care HMO Statement of operations Year Ended June 30, 2012 (in thousands) Revenue: Premiums earned Coinsurance Interest and other income Total revenues Expenses: Salaries and benefits Medical supplies and drugs Insurance Provision for bad debts Depreciation Interest Total expenses Net income $26,682 1,689 242 $28,613 15,154 7,507 3,963 19 367 385 $27,395 1,218 consider the following income statement: 11.2 Best Care HMO Statement of operations Year Ended June 30, 2012 (in thousands) Revenue: Premiums earned Coinsurance Interest and other income Total revenues Expenses: Salaries and benefits Medical supplies and drugs Insurance Provision for bad debts Depreciation Interest Total expenses Net income $26,682 1,689 242 $28,613 15,154 7,507 3,963 19 367 385 $27,395 1,218
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