Healthcare - Community Hospital of the Monterey Peninsula

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COmmuniTy HOSPiTAl FinAnCiAl PErFOrmAnCE in 2010, we billed patients for: Inpatient general care . . . . . . . . . . . . . . . . $ 196,120,000 Inpatient allied services . . . . . . . . . . . . . . . . . .467,020,000 outpatient allied services . . . . . . . . . . . . . . . . .305,709,000 We also received revenue from: Donations and endowment earnings . . . . . . . 10,313,000 other business activities . . . . . . . . . . . . . . . . . . 22,282,000 Giving us a gross revenue of . . . . . . . . . . . . 1,001,444,000 But we were unable to collect more than half that amount due to: Medicare, Medi-Cal, and CHAMpuS failure to pay. . . . . . . . . . . . . . . . . . . . . . . . . . .526,585,000 Administrative adjustments . . . . . . . . . . . . . . . 11,204,000 Charity care provided . . . . . . . . . . . . . . . . . . . . 24,197,000 total we did not collect . . . . . . . . . . . . . . . . . .561,986,000 that left our net operating revenue at . . . . . .439,458,000 Our operating expenses were: Salaries and wages, employee benefits, professional fees . . . . . . . . . . . . . . . . . . . . . .246,596,000 Supplies and services . . . . . . . . . . . . . . . . . . . .103,773,000 patient bad debt . . . . . . . . . . . . . . . . . . . . . . . . 22,601,000 Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . 33,448,000 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,540,000 our total operating expenses . . . . . . . . . . . . 410,958,000 Amount left for improvement of services and facilities . . . . . . . . . . . . . . . . . . . . . . . . . 28,500,000 25
26 2010 Community Hospital operating expenses 2010 Government Reimbursement Government reimbursement for Workers’ Compensation, Medicare, Medi-Cal, and CHAMPuS is significantly less than what it actually costs to provide care, as shown in the chart at right. actual cost $1.00 .80 .60 .40 .20 0 Workers’ Compensation 81¢ Salaries and wages, employee benefits, professional fees 60% Supplies and services 25.3% Depreciation 8.1% Patient bad debt 5.5% Interest 1.1% Medicare CHAMPuS 52¢ Medi-Cal 45¢ 37¢
Page 1 and 2: Healthcare Reimagined Community Hos
Page 3 and 4: Board of trustees ❘ 2010 Frank C.
Page 5 and 6: Contents Message from the President
Page 7 and 8: 2 After being diagnosed with breast
Page 9: 4 That’s beginning to happen in t
Page 13 and 14: 8 The system also provides logistic
Page 16 and 17: Dr. Doug Sunde, a plastic surgeon a
Page 18: Wesley can also have instant access
Page 21 and 22: 16 using electronic Records — pro
Page 23 and 24: 18 the promise of electronic Health
Page 25 and 26: 20 Community Hospital by the number
Page 27 and 28: 22 Highlights january april A dedic
Page 29: 24 Maintaining Strong Financial Hea
Page 33: Community Hospital by Comparison
Page 37 and 38: 32 philanthropy Hospice care, strok
Page 39 and 40: 34 Dr. John Baldwin him through the
Page 41 and 42: 36 $100,000-$499,999 Robert Aitkenh
Page 43 and 44: 38 The Landreth Family Foundation M
Page 45 and 46: 40 Mrs. Midge Blodgett Mr. and Mrs.
Page 47 and 48: 42 Mr. and Mrs. Donald E. Kirk Mr.
Page 49 and 50: 44 leslie and Dr. Charles Snorf Str
Page 51 and 52: 46 triButes Tribute gifts honor fri
Page 53 and 54: 48 Mr. and Mrs. Richard Quaglia Cor
Page 55 and 56: 50 Mrs. Theodora A. Heric Mr. and M
Page 57 and 58: 52 Mr. Albert Quilici Mr. and Mrs.
Page 59 and 60: 54 Jackie Studstill Ms. Patricia Ur
Page 61 and 62: 56 Kanta Datt Prabha Datt Kelly Dav
Page 63: 58 gifts in Kind The following indi

Healthcare - Community Hospital of the Monterey Peninsula

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