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1. St. Francis Memorial hospital has annual patient service revenues of $12,000,000. It has two major third-party payers, and some of its patient are self-payers. The hospitals patient accounts manager estimates that 20% of the hospital's billings are paid (received by the hospital) on day 30: 70%are paid on day 60: and 10% are paid on day 90. The industry average collection period (ACP) IS 60 DAYS. Based on the given data, which of the following statements is most correct?.

1. St. Francis hospital is collecting its receivables slightly faster than the average hospital.
2. St. Francis hospital is collecting its receivable slightly slower than the average hospital.
3. The industry average hospital is slightly better than St. Francis hospital regarding asset utilization.
4. The industry average hospital has slightly greater liquidity than St. Francis hospital.

2. Xavier hospital has the following selected operations `data: Number of beds 250, total inpatient admissions 22,160, average length of stay 3.5 days. Based on the data shown above, the occupancy rate is closet to?

1. 85%, B. 79%, C. 82%, D. 76%.

3. The housekeeping department of modern hospital has direct costs of $500,000. The hospitals four patient services departments use the following amounts of space: Emergency= 1,000 square feet, surgery=2,000 square feet, cardiac=3,000 and medical=4,000. The cost driver for housekeeping is the amount of occupied space, what is the allocation of housekeeping costs to cardiac department?.

1. $150,000, B. $50,000, C. $100,000, D. $200,000.

4. Rex Hospital is offering laparoscopic cholecystectomy at a package deal with a charge (Price) of $30,000 per operations. The variable cost per operations is estimated to be $20,000. The annual fixed cost assigned to the procedure is projected to be $60,000,000. How many laparoscopic operations must rex hospital perform to come at break-even point? .

A. 3,000, B. 6,000, C. 30,000 D. 1,200.

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