You have been asked to create a two-year revenue forecast for the local community health center. You

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You have been asked to create a two-year revenue forecast for the local community health center. You have been provided with the following assumptions:

Year			2017	2018

Total Office Visits			23000	Increase by 6%
Average Billed Charge per visit			$ 152.00	Increase by 5%
Average Insurance Discount per visit			30%	32%
Average Bad Debt per visit			5%	6%	(after insurance discount has been taken)
Other Health Center Revenue			$ 26,000	$ 30,000


			2017		2018
Office Revenue

Visits
Billed charge



Billed
Allowed
Less: Bad Debt Expense
Net Office Visit Revenue

Other HC Revenue

Total Health Center Revenue

Related Book For answer-question

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Financial Management for Public Health and Not for Profit Organizations

Financial Management for Public Health and Not for Profit Organizations

ISBN: 978-0132805667

4th edition

Authors: Steven A. Finkler, Thad Calabrese

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Posted Date: Feb 02, 2024 12:38 AM

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