By improving its net patient receivables management, Jim Medical Center increased its cash position by $3,420,000 between
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By improving its net patient receivables management, Jim Medical Center increased its cash position by $3,420,000 between fiscal year 2018 and fiscal year 2019. Net patient revenues in 2018 and 2019 were $350,456,000 and $371,483,000, respectively. Jim Medical Center had 71.4 days in patient accounts receivable in 2018. How many days in patient accounts receivable did the Hospital have in 2019?
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