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Financial Highlights

To support the good work required by the Franciscan Health System mission to create healthier communities, the organization must do well financially. The following data is for fiscal year 2011 (July 2010-June 2011).

  • Net Patient Service Revenues: $1,286,067,000
  • Foundation Gifts and Investment Income: $4,716,061
  • Employees: 8,286 (as of June 30, 2011)
  • Expenses (% of total):
    • Salaries/Wages: 41.2%
    • Supplies: 13.6%
    • Other (utilities, insurance, education,
      etc.): 12.4%
    • Bad debt: 12.3%
    • Employee benefits: 9.9%
    • Purchased services: 6.6%
    • Depreciation: 4.1%
     
  • Federal, State and Local Taxes: $86,624,935
  • Community Benefit: $49,205,514
    (Programs and services fully or partially funded by Franciscan that benefit the poor and broader community) 
  • Cost of charity care: $26,060,321
    (Free and reduced-cost medical care provided patients who could not afford to pay) 
  • Bad Debt: $151,000,000
    (Cost of care absorbed by Franciscan when patients do not pay) 
  • Uncompensated Care: $40,500,000
    (Unreimbursed costs of providing care to patients enrolled in Medicaid and other state-subsidized health programs) 
 
 
Print a PDF summary of the Report to Community
 
SightLife Vision Award
St. Joseph Medical Center received the SightLife Vision Award in February 2011 for its support of cornea tissue donors. Pictured (from left) are hospital President Syd Berante, Sherry Anderson of SightLife, Franciscan Vice President and Chief Nursing Officer Laurie Brown.