Actual Patient Revenues 2010 Projected Patient Revenues 2010 Projected Patient Revenues 2011
Jan .............1,700,000
Feb .............1,300,000
Mar .............1,200,000
Jul .............1,400,000
Aug .............1,500,000
Oct .............1,500,000
Sep .............1,300,000
Nov .............1,600,000
Dec .............1,700,000
a. Revenues
b. Patient Revenues are collected as follows:
60% month of service
30% 1 month after service
10% 2 months after service
c. "Other Revenues" include all other revenues including interest earned and are foretasted to be as follows:
October .............44,000
November ...........55,000
December ...........52,000
d. Projected cash outflows
October ...........1,199,000
November .........1,263,800
December ..........1,390,600
January ...........855,000
e. The ending cash balance for September was $200,000.
f. Wahoo Clinic requires a month-end cash balance equal to 40% of the following months foretasted cash outflows.