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| Williams Hospital, a nonprofi t hospital affiliated with a religious group, reported the following information for the year ended December 31, 2012: Gross patient service revenue at the hospital’s full established rates $980,000 Bad debts expense 10,000 Contractual adjustments with third-party payors 100,000 Allowance for discounts to hospital employees 15,000 On the hospital’s statement of operations for the year ended December 31, 2012, what amount should be reported as net patient service revenue? A. $865,000 B. $880,000 C. $855,000 D. $955,000 |
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