Good Will General Hospital is introducing a new service that anticipates having 550 patient visits per year at an average cost per visit of $2,200 and average billed charges per visit of $4,500. Determine the gross revenue, contractual deductions, net patient revenue, total costs and net operating income that would result given the payer mix and terms in the table below. Please show all of your work to receive credit. This question is worth 10 points.

Payor Class	Number of patient visits	Payment per case	Gross Revenue	Contractual Deductions	Revenue	Total Costs	Net Operating Income
Medicare	350	$2050
Medicaid	200	1,650.00