Annual Report 2007 - The Chester County Hospital

THE CHESTER COUNTY HOSPITAL FOUNDATIONJUNE 30, 2007BALANCE SHEETSTATEMENT OF REVENUES AND EXPENSESASSETSR E V E N U E SCash and short term investments $13,376,580 Capital Campaign contributions $6,042,627Other accounts receivable 549,449 Donations and other income 1,023,172Prepaid expenses 97,548 Total revenues 7,065,799Total current assets 14,023,577EXPENSESPledges receivable 3,597,936 Salaries and wages 530,304PP&E 1,090,959 Supplies and other expenses 740,150Investments in affiliates 2,454,015 Employee benefits 59,509Total assets 21,166,487 Depreciation 34,405Interest 38,757LIABILITIES AND NET ASSETS Total expenses 1,403,125Demand note payable 500,000Other liabilities 2,773,459 Net revenues 5,662,674Total current liabilities 3,273,459OTHER INCOMEOther noncurrent liabilities 283,077 Investment income 428,783Total liabilities 3,556,536 Total revenues in excess of expenses 6,091,457Net Assets : Increase in pledges 3,597,935Unrestricted 7,969,390 Change in unrealized gains on investments 368,547Temporarily Restricted 9,640,561 Transfers to affiliates (2,009,954)Total liabilities and net assets $21,166,487 Transfer from The Chester County Hospital 1,000,000Increase in net assets $9,047,985THE CHESTER COUNTY HOSPITALSTATISTICAL RECORD OF SERVICE : JUNE 30, 2006 AND JUNE 30, 200720062007Adult and Pediatric Patient Admissions (excluding Newborns) 14,065 14,720Adult and Pediatric Days (excluding Newborns) 60,672 61,852Average Length of Stay (excluding Newborns) 4.35 4.10Newborn Admissions 2,268 2,447Newborn Days 4,562 4,803Average daily census, Adults and Pediatrics 166.2 169.5Average daily census, Newborns 12.5 13.2Patients treated in the Emergency Room 41,774 43,855Outpatient visits to Clinic, Ambulatory Care Center, Laboratory, X-Ray, Cardiology, etc. 369,042 367,144Surgical Operations: Inpatient 3,812 3,979Surgical Operations: Outpatient 5,065 4,580Laboratory tests 1,075,426 1,199,289X-Ray Examinations and Treatments 176,958 185,664A N N U A L R E P O R T 31