Statement of
Revenue and Expenses
Years Ended December 31, 1999 and 2000
| |
|
|
|
| Top Line |
|
|
|
| Net patient service revenue
|
$92,656,000
|
$88,942,000
|
|
| Other revenue (non-patient)
|
6,010,000
|
5,380,000
|
|
| Total revenue |
98,666,000
|
94,322,00
|
|
| |
|
|
|
| Expenses |
|
|
|
| - Professional care of patients
|
53,016,000
|
48,342,000
|
|
| - Dietary services |
4,407,000
|
4,087,000
|
|
| - General services |
10,888,000
|
9,973,000
|
|
| - Administrative services |
11,075,000
|
10,145,000
|
|
| - Employee health and welfare |
10,000,000
|
9,335,000
|
|
| - Medical malpractice costs |
1,125,000
|
200,000
|
|
| - Depreciation and amortization |
4,782,000
|
4,280,000
|
|
| - Interest |
1,752,000
|
1,825,000
|
|
| - Provision for bad debts |
1,010,000
|
1,103,000
|
|
| Total expenses |
98,055,000
|
89,290,000
|
|
| |
|
|
|
| Income from operations |
611,000
|
5,032,000
|
|
| |
|
|
|
| Non-operating gains (losses): |
|
|
|
| Unrestricted gifts and bequests |
822,000
|
926,000
|
|
| Loss on investment in affiliated company |
(37,000)
|
(16,000)
|
|
| Income on investments of endowment funds |
750,000
|
650,000
|
|
| Income on investments whose use is limited:
|
|
|
|
|
- By board for capital improvements
|
1,120,000
|
1,050,000
|
|
|
- By agreements with third party payors for funded depreciation
|
850,000
|
675,000
|
|
| Other indenture agreement |
100,000
|
90,000
|
|
| Other investment income |
284,000
|
226,000
|
|
| Non-operating gains, net
|
3,889,000
|
3,601,000
|
|
| |
|
|
|
|
Revenue and gains in excess of expenses and losses
|
$4,500,000
|
$8,633,000
|
|
| |
|
|
|
|
