Collegiate Community Hospital is a not for profit hospital.

Below is a list of possible effects for each transaction and the possible effect on revenue:

1. Patient service revenue
2. Contractual adjustments
3. Other revenue (exchange)
4. Other revenue (nonexchange)
5. No revenue

For the following transactions orevents, match the letter above to illustrate the possible effects thetransaction would have on revenue. Then provide detailed rationale forthe matches.

1. The hospital provided medical care valued at $96,000 for homeless citizens.
2. The hospital received a $15,000 federal grant to provide immunizations to children.
3. A pharmaceutical firm donatedrecently approved drugs valued at $19,000. The hospital uses a similartype drug in its operations.
4. Received $10 co-pay from a patient for an outpatient visit. Billed $800 to insurance.
5. Geezer Health Insurance paid $625 as final payment on the $800 billed in the previous transaction.
6. Gift shop sales amounted to $3,200.
7. A local civic group provided labor to manage the hospital’s information desk. The labor was valued at $24,000.
8. Patient accounts of $1,800 were written off.
9. The hospital received $900 for CPR training provided to the city police department.
10. A grateful patient donated $1,000 for unrestricted use by the hospital.

Required:

• Submit your responses to the Problem #1 items in a 3-5-page Microsoft Word document.
• Ensure your responses are well-written.
• Be sure to follow the formatting guidelines outlined in the CSU Global Writing Center (Links to an external site.) .
• Include at least two scholarly references and IN TEXT CITATIONS. The CSU Global Library (Links to an external site.) is a good place to find these references.