Complete all of the activities in this template, attached
Part II: Preparing a Bank Deposit, Activity 2
Part III: Managing the Healthcare Facility Business Bank Account
Part IV: Reconciling a Bank Statement Also, utilizing the year ended Statement(above) compare the figures for 2013 and 2012. Compose a narrative of possible explanations for the documented charges in the year-end figures for the organization. Your response should be 150-200 words in length
|
|
Year Ended December 31 |
|
|
|
2013 |
2012 |
|
Unrestricted Revenues |
|
|
|
Net Patient Service Revenue |
$ 51,119,826 |
$ 48,659,436 |
|
Other Operating Revenue |
2,989,626 |
3,136,716 |
|
Total Unrestricted Revenues |
54,109,452 |
51,796,152 |
|
Expenses |
|
|
|
Wages |
47,325,259 |
45,076,683 |
|
Insurance |
1,005,783 |
1,024,889 |
|
Inventory |
1,275,524 |
1,053,367 |
|
Depreciation |
2,561,982 |
2,421,597 |
|
Provision for Uncollectible Accounts |
2,770,044 |
2,237,701 |
|
Total Expenses |
54,938,592 |
51,814,237 |
|
(Loss) From Operations Before Adjustments to Prior Year Third-Party Payer Settlements and Pension Expense in Excess of Plan Contribution |
(829,140) |
(18,085) |
|
Pension Expense in Excess of Plan Contribution |
(1,001,373) |
(451,432) |
|
Adjustments to Prior Year Third-Party Payer Settlements |
329,626 |
1,360,937 |
|
Operating (Loss) Income |
(1,500,887) |
891,420 |
|
Nonoperating Gains |
|
|
|
Investment Income |
3,815,629 |
96,280 |
|
Unrestricted Gifts and Bequests |
33,654 |
334,067 |
|
Other Miscellaneous Income |
195,363 |
12,300 |
|
Nonoperating Gains |
4,044,646 |
442,647 |
|
Excess of Revenues and Gains Over Expenses |
2,543,759 |
1,334,067 |
|
Other Changes in Unrestricted Net Assets |
|
|
|
Changes in Net Unrealized Gain on Investments |
966,956 |
6,431,704 |
|
Increase in Unrestricted Net Assets |
$ 3,510,715 |
$ 7,765,771 |
We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreThe Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.
Read moreThe Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.
Read moreThe Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.
Read moreBy placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.
Read more