Hmgt 322 ASSN 1# FY19 FY18 INCOME Gross Patient Revenue $30,981,629 $23,072,676 Deductions from Revenue Contractual Allowances $14,995,326 $11,000,000 Ch

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Hmgt 322 ASSN 1#

FY19 FY18
INCOME
Gross Patient Revenue $30,981,629 $23,072,676
Deductions from Revenue

Contractual Allowances $14,995,326 $11,000,000
Charity Care $1,735,909 $1,560,000
Provision for Bad Debt $641,786 $575,000
Total Deductions from Patient Revenue $17,373,021 $13,135,000

Net Patient Revenue $13,608,608 $9,937,676
Premium Revenue $65,882 $56,000
Other Revenue $289,856 $150,000
Total Net Revenue $13,964,346 $10,143,676

EXPENSES:
SALARIES AND WAGES $8,925,000 $8,000,000

S&W – REGULAR (Line Staff) $3,470,400 $3,000,000
S&W – REGULAR Executive/Management/Providers) $5,204,600 $4,800,000
PHYSICIAN DIRECTOR FEES $250,000 $200,000

EMPLOYEE BENEFITS EXPENSES $290,000 $304,427
SUPPLIES EXPENSE $81,930 $52,906

MEDICAL SURGICAL SUPPLIES $50,555 $35,000
DRUGS $7,010 $4,843
GENERAL SUPPLIES $21,033 $9,884
WEARING APPAREL EXPENSE $1,657 $1,354
CLEANING COMPOUNDS $1,674 $1,825

PURCHASED SERVICES $21,163 $21,189
OFFSITE RECORD STORAGE $3,566 $1,752
ANSWERING SERVICES $12,811 $11,723
GARBAGE AND REFUSE REMOVAL $2,325 $1,150
POSTAGE/COURIER SERVICE $2,462 $6,565

PURCHASED OUTSIDE SERVICES $15,598 $27,459
SECURITY SERVICE $1,528 $838
CLEANING SERVICE $14,070 $26,621

FACILITIES EXPENSE $462,882 $423,538
RENT – EXPENSE $459,844 $408,552
REPAIRS & MAINTENANCE (T&M) $1,865 $10,250
ELECTRICITY $1,172 $4,736

OTHER OPERATING EXPENSES $324,448 $255,271
LICENSURE FEES $962 $100
INSURANCE – PROF. LIABILITY $238,093 $200,000
TRAVEL/SEMINARS/MEETINGS $38,209 $14,999
EQUIPMENT RENTALS $5,957 $7,111
ED.SUPPLIES/MEMBERSHIP FEES $41,227 $33,061

INTRASYSTEM ALLOCATION $750,000 $700,985
Total Operating Expenses $10,871,020 $9,785,775
Net Income/Loss $3,093,326 $357,901

Units of Service 40,800 35,000

Dehew Healthcare System
(Sample Organization)

  • Sheet1

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