Bayview Heath System has annual net patient service revenues of $65,000,000. It has two major third-party...

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Bayview Heath System has annual net patient service revenues of $65,000,000. It has two major third-party payers, plus some of its patients are self-payers. The hospital's patient accounts manager estimates that 20 percent of the hospital's paying patients (its self-payers) pay on Day 30, 50 percent pay on Day 60 (Payer A), and 30 percent pay on Day 90 (Payer B). What is the firm's current receivable balance? (Assume 360 days per year) $16,250,000 $180,555.56 $11,375,000 $11,916,666.67 Bayview Heath System has annual net patient service revenues of $65,000,000. It has two major third-party payers, plus some of its patients are self-payers. The hospital's patient accounts manager estimates that 20 percent of the hospital's paying patients (its self-payers) pay on Day 30, 50 percent pay on Day 60 (Payer A), and 30 percent pay on Day 90 (Payer B). What is the firm's current receivable balance? (Assume 360 days per year) $16,250,000 $180,555.56 $11,375,000 $11,916,666.67