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Financial Highlights

As a non-profit organization, Franciscan Health System must be financially strong, and a good steward of limited resources, to be a viable business and support its mission to create healthier communities. The following information is for fiscal year 2012 (July 2011-June 2012).

Net Patient Service Revenues:   $1,301,761,000
 
Foundation Gifts and Investment Income:   $4,272,866
 
Community Benefit (including cost of charity care):   $115,871,454
(Programs and services fully or partially funded by Franciscan that benefit the poor and broader community)  
 
Charity Care:   $24,940,107
(Free and reduced-cost medical care provided to patients who could not afford to pay)  
 
Uncompensated Care:   $83,045,713
(Unreimbursed costs of serving patients enrolled in Medicaid and other state-subsidized programs)  
 
Bad Debt:   $147,755,000
(Cost of care absorbed by Franciscan when patients do not pay)  
 
We Give More Than We Receive
Federal, State, Local Taxes Paid: $65,393,719
Tax Exemptions: $37,569,507
Community Benefit exceeded tax exemptions by: $78,301,947
 
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Franciscan ranks among the Top 100 best-performing and most efficient health organizations in the nation  
Franciscan ranks among the Top 100
best-performing and most efficient health organizations in the nation.