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The Queens Hospital provided all patients during 2016 for the total amount of $100,000 a the hospital based on the established billing rates. $10,000 of
The Queens Hospital provided all patients during 2016 for the total amount of $100,000 a the hospital based on the established billing rates. $10,000 of the $100,000 is service the QH provided to Queen's Senior Center for Covid 19 treatment which it has no intend to collect. 70% of the service are provided to patients covered by HMO. Based on the contracted rates with HMO, the hospital expects to collect 100% of this amount. Due to the current economic conditions, it expects that 20% of the amount billed to uninsured patient will be collected. What is the gross patient care revenue? $100,000 $90,000 $76,000 $70,000
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