A hospital had gross patient billings of 43 million, Ask an Expert

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A hospital had gross patient billings of $43 million, contractual adjustments of $8 million, and charity care of $1,500,000. The hospital also made a provision for bad debts in the amount of $1,000,000. How much should the hospital report as net patient service revenue?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M950752

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