2012 Annual Reports

Page 53

ON ANY GIVEN DAY 2012 ANNUAL REPORT umms/som

UNIVERSITY OF MARYLAND MEDICAL SYSTEM

report OUR INCOME

From services to inpatients From services to outpatients these services produced total gross revenue of

Less amounts we had to deduct for contractual allowances to third party payors Less the cost of charity care for persons without the ability to pay for their care and for uncollectible accounts Therefore, our net revenue from patient care services was In addition, our other revenue from operating, including state support, was thus, our total revenue from operations was

$

1,736,836,000 1,030,789,000 $2,767,625,000 (207,760,000) (266,528,000) 2,293,337,000 77,718,000 $2,371,055,000

OUR EXPENSES

For salaries, wages and fringe benefits to our employees For medical supplies, pharmaceuticals and purchased services For depreciation on our buildings and equipment For interest costs on our outstanding bonds all of these operating expenses totaled

$

1,153,105,000 954,000,000 130,149,000 56,465,000 $2,293,719,000

O U R N E T R E S U LT S

Income from operations Plus non-operating revenue net of expenses, which excludes changes in market value of financial investments net income

*Fiscal Year 2012 figures are unaudited and do not include Upper Chesapeake Health

77,336,000 12,758,000 $ 90,094,000

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