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St. John's Hospital has the following annual financial data and operational metrics: - Number of beds - Total Inpatient Admissions 15,500 -TotalOutpatientVisits-OutpatientMix95,64515.8% - Medicare Payment

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St. John's Hospital has the following annual financial data and operational metrics: - Number of beds - Total Inpatient Admissions 15,500 -TotalOutpatientVisits-OutpatientMix95,64515.8% - Medicare Payment Percentage (Revenues) 31.0% - Average Length of Stay (ALOS) 4.6 days - Net price per discharge $11,123 - Cost per discharge 8,343 - Total Inpatient Revenues 8120,820,070 $120,820,070 - Net Patient Service Revenues 78,533,045 78,533,045 - Targeted Capital Structure: 40% debt financing and 60% equity financing Cost of equity estimate 18% Cost of tax-exempt debt estimate 8% . Tax Rate 22\% - Estimated Billings (assuming 360 days per year): - 20% of receivables paid in 30 days - 50% of receivables paid in 60 days - 30% of receivables paid in 90 days Calculate the following: A. What is St. John's average collection period? . What is the hospital's current receivables balances

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