One System

Performance Excellence

Carolinas HealthCare System Total Enterprise
Schedule of Net Revenue and Expenses
For the Year Ended December 31, 2012

(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(Net revenue is net of provision for uncollectible accounts.C) Dollar Total % of Total Dollar Total % of Total Dollar Total % of Total
Tertiary & Acute Care Services $2,791,758 64% $1,920,563 77% $4,712,321 68%
Post Acute Care Services 87,066 2% 147,200 6% 234,266 3%
Specialty Services 110,123 2% - 0% 110,123 2%
Physicians' Services 1,002,863 23% 284,829 11% 1,287,692 19%
Other Services 189,748 4% 40,267 2% 230,015 3%
Non-Operating Activities (Consists primarily of investment results including realized and unrealized gains and losses.D) 235,035 5% 96,714 4% 331,749 5%
Totals $4,416,593 100% $2,489,573 100% $6,906,166 100%

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 $2,522,919 56% $1,283,783 52% $3,806,702 55%
Materials, Supplies & Other 1,220,457 28% 898,462 45% 2,118,919 31%
Depreciation & Amortization 208,256 5% 155,567 6% 363,823 5%
Financing Costs 80,155 2% 35,390 1% 115,545 2%
Funding for Facilities, Equipment & Programs 384,806 9% 116,371 5% 501,177 7%
Totals $4,416,593 100% $2,489,573 100% $6,906,166 100%

(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 includes all other component units and CHS managed facilities.
(C) Net revenue is net of provision for uncollectible accounts.
(D) Consists primarily of investment results including realized and unrealized gains and losses.