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Under Cura hospital's established rate structure, healthcare services revenues of $9 million would have been earned for the year ended, Dec. 31. However, only $6.75
Under Cura hospital's established rate structure, healthcare services revenues of $9 million would have been earned for the year ended, Dec. 31. However, only $6.75 was collected because of charity allowances of $1.5 million and discounts of $750,000 to third party payors. For the year ended Dec. 31, what amount should Cura report as healthcare services revenues in the statement of operations?
A. | $9,000,000 | |
B. | $8,250,000 | |
C. | $7,500,000 | |
D. | $6,750,000 |
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