Net patient service revenue: It represents the hospital’s revenue from inpatient and outpatient care excluding charity care and contractual adjustments. Net patient service revenue represents hospitals earning capacity. Many hospitals are required to perform certain amount of charity for which they recognize no revenue but presents disclosure of the estimated amount in the footnotes of financial statements. To explain :the components of hospitals net patient service revenue.

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Chapter 19, Problem 19.7Q

To determine

Net patient service revenue: It represents the hospital’s revenue from inpatient and outpatient care excluding charity care and contractual adjustments. Net patient service revenue represents hospitals earning capacity. Many hospitals are required to perform certain amount of charity for which they recognize no revenue but presents disclosure of the estimated amount in the footnotes of financial statements.

To explain:the components of hospitals net patient service revenue.

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