Financial Report

Fiscal Year July 1, 2014 - June 30, 2015

Statistical Highlights

Patient Care
Admissions (includes short stay)
FY15 33,692
FY14 30,849
FY13 30,804
FY12 30,579
FY11 30,951
Average Length of Stay(days)
FY15 4.9
FY14 5.0
FY13 4.8
FY12 4.7
FY11 4.4
Emergency Department Visits
FY15 102,557
FY14 99,839
FY13 127,376
FY12 124,274
FY11 121,875
Urgent Care Visits
FY15 63,481
FY14 45,180
FY13 23,137
FY12 23,133
FY11 22,620
Patient Encounters
FY15 1,246,447
FY14 1,191,880
FY13 1,170,129
FY12 1,144,858
FY11 1,087,260
Outpatient Visits
Primary
FY15 84,711
FY14 80,108
FY13 78,905
FY12 65,347
FY11 65,446
Specialty
FY15 852,899
FY14 819,213
FY13 805,606
FY12 793,356
FY11 774,660
Test Referral Center
FY15 76,486
FY14 76,539
FY13 63,403
FY12 65,247
FY11 29,868
Surgical Procedures
Inpatient Cases
FY15 6,529
FY14 6,526
FY13 6,237
FY12 6,365
FY11 6,141
Outpatient Cases
FY15 25,810
FY14 25,325
FY13 25,951
FY12 27,094
FY11 26,168
Surgical Hours
FY15 44,031
FY14 43,954
FY13 45,655
FY12 44,240
FY11 42,874
Our People
Active Medical Staff
FY15 1,789
FY14 1,734
FY13 1,493
FY12 1,572
FY11 1,516
Total Employees
FY15 15,260
FY14 14,973
FY13 13,852
FY12 12,932
FY11 12,654
Full-time Equivalents
FY15 13,321
FY14 12,681
FY13 11,799
FY12 10,976
FY11 10,781

Operating Revenues & Expenses Dollars in Thousands

Operating Revenues
FY15
FY14
Net Hospital Patient Services Revenue Less Provision for Bad Debts
$1,527,936
$1,435,526
Capitation Revenue
41,755
35,032
Professional Services Revenue
295,871
289,064
Research Grants
165,142
163,071
Other Operating Revenue
175,766
197,547
Total Operating Revenue
$2,206,470
$2,120,240
Operating Expenses
FY15
FY14
Salaries and Benefits
$1,288,067
$1,246,876
Services, Supplies and Other
579,002
577,580
Depreciation
110,352
109,214
Interest
19,425
14,170
Total Operating Expenses
$1,996,846
$1,947,840

Condensed Balance Sheet Dollars in Thousands

Assets
FY15
FY14
Cash and Equivalents
$125,267
$156,830
Marketable Securities
670,345
389,139
Patient Accounts Receivable, Net of Allowances for Uncollectible Amounts
317,831
288,806
Other Current Assets
212,924
184,438
Current Assets
1,326,367
1,019,213
Property and Equipment, Net of Accumulated Depreciation
1,182,738
998,397
Funds Held in Trust
9,836
38,097
Other Long-term Assets
67,119
61,128
Interest in Net Assets of Supporting Organizations
1,319,739
1,298,688
Total Assets
$3,905,799
$3,415,523
Liabilities and Net Assets
FY15
FY14
Accounts Payable and Accrued Expenses
$330,020
$299,667
Current Portion of Long-term Debt
52,644
32,609
Current Liabilities
382,664
332,276
Long-term Debt
717,695
467,542
Other Long-term Liabilities
286,090
206,629
Total Liabilities
1,386,449
1,006,447
Unrestricted Net Assets
1,060,125
975,039
Temporarily Restricted Net Assets
158,141
153,309
Permanently Restricted Net Assets
1,301,084
1,280,728
Total Net Assets
2,519,350
2,409,076
Total Liabilities and Net Assets
$3,905,799
$3,415,523