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Income Statement for New Radiology Service Line in Hospital Option #2: Income Statement Presentation The milestone should: Construct the income statement projections for your portfolio
Income Statement for New Radiology Service Line in Hospital
Option #2: Income Statement Presentation The milestone should: Construct the income statement projections for your portfolio project. Include the incomes less the expenses to be utilized for this procedure. You can follow the sample Income Statement Exhibit 11.2 on page 325 of our text. Show how you came up with the numbers in the income statement in an appendix. 2016 2015 $ 150,118 $123,565 EXHIBIT 11.2 Good Samarite Medical Cente Statements of Operations for Years Ended December 31, 2016 and 2015 Thousands) 2,000 1,800 $121,765 $ 148,118 18,782 16,455 Operating revenues Patient service revenue Less: Provision for bad debts Net patient service revenue Premium revenue Other revenue Net operating revenues Expenses Salaries and benefits Supplies Insurance 3,079 2,704 $169,979 $140,924 $102,334 $126,223 20,568 18,673 4,518 3,710 Lease 3,189 6,405 2,603 5,798 5,329 3,476 $166,232 $136,594 $ 3,747 $ 4,330 Depreciation Interest Total expenses Operating income Nonoperating income Contributions Investment income Total nonoperating income Excess of revenues over expenses (net income) $ 243 $ 198 3,870 3,678 $ 4,113 $ 3,876 $ 7,860 $ 8,206 Option #2: Income Statement Presentation The milestone should: Construct the income statement projections for your portfolio project. Include the incomes less the expenses to be utilized for this procedure. You can follow the sample Income Statement Exhibit 11.2 on page 325 of our text. Show how you came up with the numbers in the income statement in an appendix. 2016 2015 $ 150,118 $123,565 EXHIBIT 11.2 Good Samarite Medical Cente Statements of Operations for Years Ended December 31, 2016 and 2015 Thousands) 2,000 1,800 $121,765 $ 148,118 18,782 16,455 Operating revenues Patient service revenue Less: Provision for bad debts Net patient service revenue Premium revenue Other revenue Net operating revenues Expenses Salaries and benefits Supplies Insurance 3,079 2,704 $169,979 $140,924 $102,334 $126,223 20,568 18,673 4,518 3,710 Lease 3,189 6,405 2,603 5,798 5,329 3,476 $166,232 $136,594 $ 3,747 $ 4,330 Depreciation Interest Total expenses Operating income Nonoperating income Contributions Investment income Total nonoperating income Excess of revenues over expenses (net income) $ 243 $ 198 3,870 3,678 $ 4,113 $ 3,876 $ 7,860 $ 8,206
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