Sources of Revenue

Science

Sources of Revenue

Must be a minimum of 150 words

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