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For questions 4-5, use the below income statement XYZ Hospital Systems Inc Operating Revenue Patient Service Revenue 20xx $ 36,000,000.00 Uncompensated Care & Bad Debts

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For questions 4-5, use the below income statement XYZ Hospital Systems Inc Operating Revenue Patient Service Revenue 20xx $ 36,000,000.00 Uncompensated Care & Bad Debts (750,000.00) Incentive Revenue 1,500,000.00 Other Revenue Net Revenue 25,000.00 36,775,000.00 Expenses Salaries and Wages $ 18,000,000.00 Supplies 3,000,000.00 2,500,000.00 700,000.00 Insurance Rents Depreciation 400,000.00 $ 24,600,000.00 Total Expenses Operating Income Non-operating income Investment Income 12,175,000.00 250,000.00 $ 12,425,000.00 Net Income If XYZ hospital writes off 50 % of their gross charges to contractual allowances, what would we expect their total charges to be based off the charge master? 4. $72,000,000 a. b. $18,000,000 $36,000,000 . d. $73.500,000 Incentive revenue consists of 5. bonuses from a DME company to use their supplies a. b. payments from patients to use premium services payments from insurance companies for meeting certain shared savings targets based on the payer contract . d. reductions of taxes due for paying withholding taxes early For questions 6-8, use the below balance sheet

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