Question
Days Sales Outstanding (or Days of Revenue in Accounts Receivable): Get Out of My Emergency Room Good Samaritan Hospital had the following data: At period
Days Sales Outstanding (or Days of Revenue in Accounts Receivable): Get Out of My Emergency Room Good Samaritan Hospital had the following data:
At period ending September total accounts receivable were at $4,824,000. Their gross patient service revenues were $4,753,000 for period July 1st through September 30th. Answer the following: 1) What is their Days Sales Outstanding (Days of Rev. in Patient Accounts Receivable) for three months ending September (rounded to nearest whole number)? 2) Based on your research for hospital days of revenue in receivable, is it a good time for the Director of Revenue Cycle Mgmt. to; 1) Ask for the raise, or 2) Update their resume?
Select the two correct answers
a. 1.1 days
b. 113 days
c. Go for the raise
d. 56 days
e. 93 days
f. Update the resume
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