Describe what is meant by each source of revenue

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Sources of Revenue

Review the Sources Of Revenue Table for Timberline Geriatric Clinic in Orlando Florida. Complete the table by calculating the percentages.

Describe what is meant by each source of revenue.

As a healthcare consultant, comment on the current distribution of revenue and what recommendations you have for increasing the collection of revenue.

Explain your answer.

Source of Revenue Table: Timberline Geriatric Clinic, Orlando, Florida

SOURCE

YTD REVENUE

PERCENTAGE

HMO

$300,000

 

MEDICAID

$25,000

 

MEDICARE

NA

 

PRIVATE PAY

$14,000

 

COMMERCIAL

$100,000

 

Reference no: EM131330178

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