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Financial Excellence

Total Enterprise
Schedule of Net Revenue and Expenses
For the Year Ended December 31, 2011

(dollars in thousands)

 

Net Revenue

  Primary Enterprise and
The Carolinas HealthCare Foundation (Only the Primary Enterprise and The Carolinas HealthCare Foundation, collectively known as the Obligated Group, have a direct obligation to pay amounts due with respect to CHS bonds.A)
Regional Enterprise (Regional Enterprise entities include all other component units and CHS-managed facilities.B) Total Enterprise
Net Revenue Dollar Total % of Total Dollar Total % of Total Dollar Total % of Total
Tertiary & Acute Care Services $2,575,589 65% $2,312,628 83% $4,888,217 72%
Post Acute Care Services 71,302 2% 143,669 5% 214,971 3%
Specialty Services 110,412 3% 0 0% 110,412 2%
Physicians' Services 1,013,626 26% 317,851 11% 1,331,477 20%
Other Services 160,542 4% 49,915 2% 210,457 3%
Non-Operating Activities (Consists primarily of investment results.C) (6,327) 0% (25,308) (1%) (31,635) 0%
Totals $3,925,144 100% $2,798,755 100% $6,723,899 100%

Net Expenses

  Primary Enterprise and
The Carolinas HealthCare Foundation (Only the Primary Enterprise and The Carolinas HealthCare Foundation, collectively known as the Obligated Group, have a direct obligation to pay amounts due with respect to CHS bonds.A)
Regional Enterprise (Regional Enterprise entities include all other component units and CHS-managed facilities.B) Total Enterprise
Net Expenses Dollar Total % of Total Dollar Total % of Total Dollar Total % of Total
Wages, Salaries, & Benefits $2,217,021 56% $1,342,178 48% $3,559,199 52%
Materials, Supplies & Other (Includes provision for uncollectible accounts.D) 1,330,000 34% 1,258,741 45% 2,588,741 39%
Depreciation & Amortization 183,491 5% 163,619 6% 347,110 5%
Financing Costs 66,544 2% 37,649 1% 104,193 2%
Funding for Facilities, Equipment & Programs 128,088 3% (3,432) 0% 124,656 2%
Totals $3,925,144 100% $2,798,755 100% $6,723,899 100%

 

(A) Only the Primary Enterprise and The Carolinas HealthCare Foundation, collectively known as the Obligated Group, have a direct obligation to pay amounts due with respect to CHS bonds.
(B) Regional Enterprise entities include all other component units and CHS-managed facilities.
(C) Consists primarily of investment results.
(D) Includes provision for uncollectible accounts.