1 / 11

Care New England Health System Statement of Operations Month of May 2013

Care New England Health System Statement of Operations Month of May 2013. Variance Actual Budget Fav/(Unfav) Patient Service Revenue $ 76,547,832 $76,541,868 $ 5,964 Charity Care (3,192,554) (3,035,453) (157,101)

landis
Download Presentation

Care New England Health System Statement of Operations Month of May 2013

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Care New England Health SystemStatement of OperationsMonth of May 2013 Variance Actual BudgetFav/(Unfav) Patient Service Revenue $ 76,547,832 $76,541,868 $ 5,964 Charity Care (3,192,554) (3,035,453) (157,101) Bad Debt (3,618,632) (3,732,103) 113,471 Other Revenues 4,873,587 4,854,359 19,228 Total Revenue $ 74,610,233 $ 74,628,671 $ (18,438) Salaries & Wages 35,876,350 36,316,522 440,172 Fringe Benefits 10,845,490 11,002,329 156,839 Medical Supplies & Drugs 6,840,571 6,469,257 (371,314) Other Expenses 11,664,171 10,788,772 (875,399) Insurance 2,221,646 2,225,372 3,726 Depreciation 2,464,442 2,464,794 352 Licensure Fee 2,692,143 2,692,143 -0- Interest 320,653 327,421 6,768 Total Operating Expenses 72,925,466 72,286,610 (638,856) Net Operating Income $ 1,684,767 $ 2,342,061 $ (657,294) Operating Margin % 2.3% 3.2%

  2. Care New England Health SystemStatement of OperationsYear-To-Date Fiscal Year 2013 Variance Actual Budget Fav/(Unfav) YTDYTDYTD Patient Service Revenue $593,186,024 $593,101,508 $ 84,516 Charity Care (25,862,848) (23,720,713) (2,142,135) Bad Debt (30,648,119) (29,278,354) (1,369,765) Other Revenues 38,908,965 38,048,602 860,363 Total Revenue $ 575,584,022 $578,151,043 $ (2,567,021) Salaries & Wages 281,549,893 287,259,460 5,709,567 Fringe Benefits 84,861,690 87,393,116 2,531,426 Medical Supplies & Drugs 52,720,386 50,967,576 (1,752,810) Other Expenses 90,320,516 87,915,473 (2,405,043) Insurance 17,736,259 17,799,561 63,302 Depreciation 19,696,873 19,718,348 21,475 Licensure Fee 21,537,141 21,537,141 -0- Interest 2,361,420 2,527,198 165,778 Total Operating Expenses 570,784,178 575,117,873 4,333,695 Net Operating Income $ 4,799,844 $ 3,033,170 $ 1,766,674 Operating Margin % 0.8% 0.5%

  3. W & I Key Statistics May 2013

  4. W & I Key Statistics May 2013

  5. Women & Infants CorporationControllable ExpensesFor the Month of May 2013 Variance ActualBudgetFav/(Unfav) Salaries 16,130,883 16,351,864 220,981 Medical Supplies 1,773,632 1,748,454 (25,178) Drugs 1,208,114 1,185,193 (22,921) Other Expenses: Consulting 141,902 165,422 23,520 Non-Medical Supplies 93,454 95,480 2,026 Purchased Services 1,502,898 1,657,432 154,534 Maintenance Contracts 114,640 121,560 6,920 Repairs & Maintenance 110,941 116,745 5,804 Food Costs 107,459 102,666 (4,793) Rent Equipment 86,631 89,951 3,320 Dues & Subscriptions 29,471 95,321 65,850 Travel & Education 106,845 130,636 23,791

  6. W & I Key Statistics Fiscal Year-to-date May 2013

  7. W & I Key Statistics Fiscal Year-to-date May 2013

  8. Fiscal Year 2013 MetricsMonth of May 2013 CNE (excludes VNA)Women & Infants May May Variance May May Variance ActualBudgetFav/(Unfav) ActualBudgetFav/(Unfav) Cost Per Adjusted Day $2,358 $2,352 (0.28)% $ 2,673 $ 2,829 5.54% Cost Per Adjusted D/C $11,584 $11,666 0.70% $10,467 $11,250 6.96% FTE’s Per Adj Occp Bed 5.16 5.12 (0.79)% 6.06 6.11 0.79% Salary Per FTE $ 77,738 $ 79,425 2.12% $77,856 $ 82,301 5.40% Total Cost Per FTE $101,283 $103,578 2.22% $ 102,301 $108,025 5.30% OT as a % of Paid dollars 5.5% / 4.3% 3.7%/ 2.5% Last Month3.7% / 3.6% 2.8% / 2.8%

  9. Women & Infants CorporationControllable ExpensesFiscal Year-to-Date as of May 2013 Variance ActualBudgetFav/(Unfav) Salaries 128,029,269 131,581,658 3,552,389 Medical Supplies 14,293,733 13,494,129 (799,604) Drugs 9,831,020 9,175,940 (655,080) Other Expenses: Consulting 986,307 1,323,376 337,069 Non-Medical Supplies 814,601 789,713 (24,888) Purchased Services 12,823,087 13,249,342 426,255 Maintenance Contracts 1,144,053 1,082,080 (61,973) Repairs & Maintenance 1,063,469 1,028,002 (35,467) Food Costs 675,591 707,821 32,230 Rent Equipment 667,771 612,435 (55,336) Dues & Subscriptions 636,324 933,885 297,561 Travel & Education 652,035 889,021 236,986

  10. Fiscal Year 2013 MetricsFiscal Year-to-Date May 2013 CNE (excludes VNA) Women & Infants May May Variance May May Variance ActualBudgetFav/(Unfav) ActualBudget Fav/(Unfav Cost Per Adjusted Day $2,356 $ 2,400 1.81% $ 2,842 $ 2,956 3.87% Cost Per Adjusted D/C $ 11,891 $ 11,926 0.30% $11,313 $11,745 3.68% FTE’s Per Adj Occp Bed 4.86 5.00 2.81% 5.53 5.79 4.50% Salary Per FTE $ 80,456 $ 80,909 0.56% $87,345 $ 88,850 1.69% Total Cost Per FTE $ 104,782 $ 105,596 0.77% $ 115,018 $ 116,921 1.63% OT as a % of Paid dollars 5.5% / 4.3% 5.0% / 3.6% Last month YTD 5.7% / 4.4% 5.1% / 3.7%

More Related