Can anyone help me with the calculation of Gross patient service revenue? Can you please...
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Accounting
Can anyone help me with the calculation of Gross patient service revenue?
Can you please give me step by step explanation of that please I will be grateful.
Thank you
1- Recreate from a blank spreadsheet a 3 year Income Statement projection (monthly projections for year 1 and annual for years 2 and 3) | |||||||||
2- Use the assumptions below to create the projections for the physician practice | |||||||||
3- Make sure to clearly show any additional assumptions you make | |||||||||
4- Your model | |||||||||
Weve recruited an orthopedic surgeon to join the St. Annes market. The physician, a joint surgeon, will start March 1st, Year 1 | |||||||||
The joint surgeon will operate 3 days a week (4 surgeries per day) and will be in the office 2 days a week (sees 30 patients per day) | |||||||||
Use the chart below to calculate gross patient service revenue (GPSR); bad debt is 3% of GPSR and contractual allowance is 55% of GPSR |
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