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Key statistics
2010 2011
Inpatient admissions
2,447 2,490
Total patient days
11,056 11,883
Average length of stay
(acute)
3.60 days 3.80 days
Surgical procedures
(inpatient/outpatient)
3,115 2,990
Total outpatient visits
(Excluding emergency
room visits)
74,309 72,714
Emergency room visits
15,265 15,265
2 0 1 1 F I N A N C I A L R E P O R T
2010
2011
Includes facility and
equipment
$1,409,107 2,117,917
Income
2010
2011
Inpatient billing
$49,809,408
$55,723,034
Outpatient billing
$77,632,748
$81,260,035
Other sources
$531,370
$458,274
Total
$127,973,526 $137,441,343
Billed but did not receive
From commercial
or governmental
insurance contracts
for services provided
(payments are limited to fixed amounts)
$72,640,400 $76,700,498
Bad debt
(patients unwilling to pay)
$2,035,446
$3,904,445
Charity care
(patients without means to pay)
$767,288
$942,411
Total
$75,443,134 $81,547,354
Total received
from patient care
and other services $52,530,392 $55,893,989
Expenses
Salary and wages
$19,009,778 $20,137,883
Contract labor
$47,095
$393,137
Employee benefits
$4,085,478
$4,288,690
Supplies and services
$20,327,257 $21,970,710
Utilities
$1,565,204 $1,664,790
Interest
$1,629,083 $1,664,350
Depreciation/
amortization
$3,287,347
$3,230,817
Total expenses
for patient care
$49,951,242
$53,350,377
Income taxes
$1,006,144 $1,046,829
Net income
$1,573,006
$1,496,783
Capital Investments
By Heidi Paine,
Director of Accounting,
and Jason Proctor,
Interim CFO, Sharon Hospital
lifeand health
w
3
2011