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Managerial accounting COLA served over 7,500 physician practices across the US including eight of the largest health maintenance organizations (HMOs) in the country. By June

Managerial accounting COLA served over 7,500 physician practices across the US including eight of the largest health maintenance organizations (HMOs) in the country. By June 30, 2000, revenues exceeded US$6 million. Exhibit 2 shows summary financial information for the period 1989-2000. Unlike other private nonprofit organizations that relied on charitable contributions, all revenues at COLA were fee-based or derived from grants. Out of a total number of 75 full-time employees, the technical staff included 16 full-time surveyors. In addition, up to 35 part-time surveyors performed site visits to clients from locations throughout the US. Surveyors often operated from their home offices in coordination with COLA's staff at headquarters. Approximately half of the surveyors were located in Maryland, and the other half was spread in seven states across the country.

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