Medicare had not yet paid Ms. Riveras hospital bill but the hospital was confident that Medicare would do so soon at the DRG amount noted in the information.
Mr. Longs situation as a charity patient was identified by the hospital and they expected no payment for his services.
Attempts to collect Mr. Gonzalezs bills had ended and the hospital did not believe that they would receive any payment.
Where, if anywhere, would you find these on the Balance Sheet the amounts owed by these three patients and how would they be displayed?
HCA HOLDINGS, INC. CONSOLIDATED INCOME STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2015, 2014 AND 2013 (Dollars in millions, except per share amounts) 2015 2014 2013 Revenues before the provision for doubtful accounts ... Provision for doubtful accounts ..... Revenues ....................................... Salaries and benefits ........ Supplies ................................ .. Other operating expenses ......... Electronic health record incentive income .......... Equity in earnings of affiliates ....... Depreciation and amortization ....... Interest expense ........... Losses (gains) on sales of facilities .. Losses on retirement of debt Legal claim costs ... $ 43,591 3,913 39,678 18,115 6,638 7,103 (47) (46) 1,904 1,665 $ 40,087 3,169 36,918 16,641 6,262 6,755 (125) (43) 1,820 1,743 (29) 335 $ 38,040 3,858 34,182 15,646 5,970 6,237 (216) (29) 1,753 1,848 5 17 78 135 249 35,721 3,957 1,261 33,437 3,481 1,108 31,236 2,946 950 1,996 440 1,556 2,696 567 2,373 498 1.875 $ 2,129 $ $ Income before income taxes............. Provision for income taxes ........ Net income ................................... Net income attributable to noncontrolling interests ...... Net income attributable to HCA Holdings, Inc. ..... Per share data: Basic earnings per share ........ Diluted earnings per share .......... Shares used in earnings per share calculations (in millions): Basic ......... Diluted ......... $ $ 5.14 4.99 $ $ 4.30 4.16 $ $ 3.50 3.37 ..... 414.193 426.721 435.668 450.352 445.066 461.913 HCA HOLDINGS, INC. CONSOLIDATED BALANCE SHEETS DECEMBER 31, 2015 AND 2014 (Dollars in millions) 2015 2014 ASSETS Current assets: Cash and cash equivalents ....... Accounts receivable, less allowance for doubtful accounts of $5,326 and $5,011.... Inventories Deferred income taxes Other ... 741 $ 5,889 1,439 566 5,694 1.279 366 1,025 8.930 1.163 9.232 Property and equipment, at cost: Land Buildings .... Equipment... Construction in progress.... 1,524 12,533 19,335 1,222 34,614 (19,600) 1,524 11.941 18,496 1.019 32.980 (18,625) 14,355 494 Accumulated depreciation ..... 432 178 165 Investments of insurance subsidiaries ......... Investments in and advances to affiliates ... Goodwill and other intangible assets ... Other ... 6,416 620 1.157 $32.744 $ 30,980 LIABILITIES AND STOCKHOLDERS' DEFICIT Current liabilities: Accounts payable .......................................... . Accrued salaries Other accrued expenses .......... Long-term debt due within one year .... ...... $ 2,170 1.233 1,880 233 5,516 30,255 1,115 1,904 $ 2,035 1,370 1,737 338 5,480 29.088 1,078 1,832 Long-term debt, less net debt issuance costs of $167 and $219............ Professional liability risks Income taxes and other liabilities ... Stockholders' deficit: Common stock $0.01 par, authorized 1.800,000,000 shares; outstanding 398,738,700 shares - 2015 and 420,477,900 shares--- 2014 ...... Accumulated other comprehensive loss............ ..... .. Retained deficit ............. Stockholders' deficit attributable to HCA Holdings, Inc. ......... Noncontrolling interests ... 4 (265) (323) (7,338) (7.575) (7,599) (7,894) 1.5531 206 (6.046) (6,498) $ 32,744 $ 30,980 Ms. Rivera, a medicare patient whose stay at Fairfax hospital (one of HCA's owned hospital) was for 7 days and who received services which HCA assigned in retail charges (otherwise termed gross revenue) of $25,000. The Medicare DRG payment for her case is expected to be $10,000. Mr. Long, a patient with little income or assets and one whom the hospital classifies as a charity patient, stayed in the hospital 4 days and received services with gross charges amounting to $18,000. Mr. Gonzalez stayed in the hospital for 3 days and received services with gross charges amounting to $28,000. Mr. Gonzalez did not have insurance but did have a significant source of income and sizable amount of assets. Attempts by the hospital to locate Mr. Gonzalez to settle his bill have proven fruitless and currently he has moved with no updated address
