st jospeh's hospital
st. joseph's hospital began operations in december 2013 and had patient service revenues totaling $950,000 (based on customary rates) for the month. of this, $103,000 is billed to patients, representing their insurance deductibles and copayments. the balance is billed to third-party payers, including insurance companies and government healthcare agencies. st joseph estimates that 15 percent of these thrid-party payer charges will be deducted by contractual adjustment. the hospital's fiscal year ends on december 31.
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