Question

Metropolis Health System Statement of Revenue and Expenses For the Years Ended March 31, 20X3 and 20X2 Revenue Net patient service revenue $34,000,00 $33,600,000 Other revenue 1,100,000 1,000,000 Total Operating Revenue 35,100,000 34,600,000 Expenses Nursing services 5,025,000 5,450,000 Other professional services 13,100,000 12,950,000 General services 3,200,000 3,220,000 Support services 8,300,000 8,340,000 Depreciation 1,900,00 1,800,00 Amortization 50,000 50,000 Interest 325,000 350,000 Provision for doubtful accounts 1,500,000 1,600,000 total Expenses 33,400,000 33,760,000 Income from Operations 1,700,000 840,000 Nonoperating Gains (Losses) Unrestricted gifts and memorials 20,000 70,000 Interest income 80,000 40,000 Nonoperating Gains, Net 100,000 110,000 Revenue and Gains in Excess of Expenses and Losses $1,800,000 $950,000 Revenue Year2 Year 1 Difference Percent Net patient service revenue Othert revenue Total operating Revenue Expenses Nursing Services Other professional Services General Services Support services Depreciation Amortization Interest Provision for doubtful accounts Total Expenses Income from Operations Nonoperating Gains (Losses) Unrestricted gifts and Memorials Interest income Nonoperating Gains net Revenues and gains in Excess of Expenses and Losses Year 2 Year 1 Difference Provision for doubtful accounts

Answer 1

	Year 2	Year 1	Difference	Percent
Revenue
Net patient service revenue	$34,000,000	$33,600,000	$400,000	1.19%
Other revenue	$1,100,000	$1,000,000	$100,000	10%
Total Operating revenue	$35,100,000	$34,600,000	$500,000	1.46%
Expenses
Nursing Services	$5,025,000	$5,450,000	-$425,000	-7.80%
Other Professional services	$13,100,000	$12,950,000	$150,000	1.16%
General Services	$3,200,000	$3,220,000	-$20,000	-0.62%
Support Services	$8,300,000	$8,340,000	-$40,000	-0.48%
Depreciation	$1,900,000	$1,800,000	$100,000	5.56%
Amortization	$50,000	$50,000	$0	0%
Interest	$325,000	$350,000	-$25,000	-7.14%
Provision for doubtful accounts	$1,500,000	$1,600,000	-$100,000	-6.25%
Total Expenses	$33,400,000	$33,760,000	-$360,000	-1.07%
Income from Operations	$1,700,000	$840,000	$860,000	102.38%
Nonoperating Gains (Losses)
Unrestricted Gifts and Memorials	$20,000	$70,000	-$50,000	-71.43%
Interest Income	$80,000	$40,000	$40,000	100%
Non Operating Gains net	$100,000	$110,000	-$10,000	-10%
Revenues and gains in excess of Expenses and losses	$1,800,000	$950,000	$850,000	89.47%