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HomeMy WebLinkAbout06272011 City Council Laydowns Lou ' J • it# a-7 5/26/2011 11:04 AM /) Run Date-5/26/11 @ 11:04 AM Providence Health&Services DET_OPS 110-MGD-PROV SEWARD MED CTR Detail Statement of Operations(in Thousands) Reported as of April 2011 %Variance %Variance Last Year %Variance Actual MTD Budget MTD MTD Actual YTD Budget YTD YTD Actual YTD YTD Gross Service Revenues: 94 157 (40.1%) Acute Care-Inpatient 756 628 20.4% 729 3.7% 407 481 (15.4%) Acute Care-Outpatient 1,781 1,897 (6.1%) 1,893 (5.9%) 72 127 (43.3%) Primary Care 421 506 (16.8%) 495 (14.9%) 1,200 859 39.7% Long-term Care 4,571 3,436 33.0% 3,073 48.7% - - Homecare&Hospice - - - - - - - - Housing&Assist.Living - - - - - 1,773 1,624 9.2% Total Gross Service Revenues 7,529 6,467 16.4% 6,190 21.6% Revenue Deductions: 69 29 137.9% Charity Care 134 116 15.5% 74 81.1% 457 44 938.6% Medicare&Medicaid 1,430 172 731.4% 342 318.1% 7 4 75.0% Negotiated Contracts 60 17 252.9% 17 252.9% 55 40 37.5% Other 196 159 23.3% 125 56.8% 588 117 402.6% Total Deductions 1,820 464 292.2% 558 226.2% 1,185 1,507 (21.4%) Net Service Revenue 5,709 6,003 (4.9%) 5,632 1.4% - - Premium Revenue - - - - - - - Rental and Education Revenue - - - - 20 7 185.7% Other Operating Revenue 48 29 65.5% 147 (67.3%) 1,205 1,514 (20.4%) Total Net Operating Revenues 5,757 6,032 (4.6%) 5,779 (0.4%) Expenses from Operations: - - Purchased and Healthcare Expenses - - - - - Other Expenses from Operations: 735 719 2.2% Salaries&Wages 2,865 2,824 1.5% 2,669 7.3% 187 209 (10.5%) Employee Benefits 813 835 (2.6%) 791 2.8% 46 6 666.7% Professional Fees 77 25 208.0% 20 285.0% 70 69 1.4% Supplies 326 276 18.1% 320 1.9% 224 174 28.7% Purchased Service 893 690 29.4% 652 37.0% 2 2 - Depreciation 7 7 - 7 - 4 - - Interest and Amortization 9 1 800.0% 2 350.0% 32 70 (54.3%) Bad Debts 177 277 (36.1%) 250 (29.2%) - - Healthcare Taxes 2 2 - 3 (33.3%) 63 55 14.5% Other Expenses 281 221 27.1% (449) 162.6% 1,363 1,304 4.5% Total Other Exp from Operations 5,450 5,158 5.7% 4,265 27.8% 1,363 1,304 4.5% Total Operating Expenses 5,450 5,158 5.7% 4,265 27.8% (158) 210 (175.2%) Excess of Rev Over Exp from OPS 307 874 (64.9%) 1,514 (79.7%) - - Non-Operating Gain(Loss) - - - - - (158) 210 (175.2%) Excess of Revenues Over Expenses 307 874 (64.9%) 1,514 (79.7%) Other Activity-Unrestricted (715) (1,108) 35.5% Increase(Decrease)in UR Net Assets (408) 406 (200.5%) 1 5/26/2011 11:04 AM PRELIM-Run Date-5/26/11 @ 11:04 AM Providence Health&Services BAL_SHT 110-MGD-PROV SEWARD MED CTR Balance Sheet(in Thousands) Reported as of April 2011 April 2011 December 2010 April 2011 December 2010 Actual Last Year Actual Last Year ASSETS LIABILITIES&NET ASSETS Current Assets: Current Liabilities: Cash and Cash Equivalents (712) (414) Accounts Payable 206 223 System Pooled Cash - - Accrued Compensation 671 834 Mgmt Designated Cash&Cash Equiv. - - Affiliates Payable - - Short Term Investments - - Payable to Contractual Agencies 411 420 Assets Held Under Securities Lending - - Deferred Revenue/Unearned Premiums 8 30 Accounts Receivable,Net 2,783 2,111 Liability for Unpaid Medical Claims - - Affiliate Receivable - - Liability for Risk-Sharing - - Premiums Receivable - - Liabilities Under Securities Lending - - Other Receivables 41 (18) Other Current Liabilities 2,834 1,231 Supplies Inventory at Cost - - Short-Term Debt - - Other Current Assets 46 24 Current Portion of Long-Term Debt - - Current Port.of Assets-Use is LTD - - Total Current Liabilities 4,130 2,738 Total Current Assets 2,158 1,703 Assets Whose Use is Limited: Lona-Term Debt: Mgmt Designated Cash and Investments - - Master Trust Debt - - Funds Held for Long-term Purposes 1,003 476 Loans from Affiliates - - Gift Annuity and Trust Funds - - Other - - Funds Held by Trustees - - Long-Term Debt - - Non-Current Assets Limited as to Use 1,003 476 Property.Plant&Eauipment: Other Long-Term Liabilities 61 69 Gross Property,Plant&Equipment 107 107 Less:Accumulated Depreciation (82) (75) Total Liabilities 4,191 2,807 Net Property,Plant&Equipment 25 32 Net Assets: Other Assets: Unrestricted (977) (569) Unamortized Financing Cost - - Temporarily Restricted 3 3 Interaffiliate Notes Receivable - - Permanently Restricted - - Other(Incl.Long-term Investments) 31 30 Total Net Assets (974) (566) Total Other Assets 31 30 Total Liabilities and Net Assets 3,217 2,241 Total Assets 3,217 2,241 8 5/26/2011 11:04 AM PRELIM-Run Date-5/26/11 @ 11:04 AM Providence Health&Services CASHFLOW 110-MGO-PROV SEWARD MED CTR Statement of Cash Flows(in Thousands) Reported as of April 2011 April 2011 April 2010 April 2011 April 2010 Current Year Last Year Current Year Last Year Operating Activities: Change in Net Assets (408) 409 Financing Activities: Adjustments to Reconcile to Net Cash Provided Proceeds from Rest.Contrib.and Invest Inc. - 3 by Operating Activities: Debt Borrowings - - Depreciation 7 7 Debt Reductions - Amortization - - (Increase)Decrease in Def.Financing Costs - - Provision for Bad Debts 177 250 (Increase)Decrease in Funds Held by Trustee - - Extraordinary Items and Other - - Interdivision Transfers&Other (715) (1,107) Loss(Gain)on Sale of Cap.Assets - - Net Cash Prov by(Used in)Financing Act. (715) (1,104) Equity Income from Joint Ventures - - Changes in Certain Current Assets/Liab. 460 (1,061) Increase(Decrease)in Cash&Cash Equiv. (298) (852) Increase(Decrease)in Other Liabilities (7) (11) Restricted Contrib./Investment(Income)Loss - (3) Cash&Cash Equiv-Beginning of Period (414) 758 Net Assets(Contributed)Assumed and Other 715 1,108 Net Real./Unreal.(Gains)Losses on Invest. - - Cash&Cash Equiv-End of Period (712) (94) Net Cash Provided by(Used in)Op.Act. 944 699 Investing Activities: PP&E Additions - - Supplemental Disclosure: Proceeds on the Disposal of PP&E - - Cash Paid for Interest,Net of Capital 9 2 Purchases of Investments - - Capitalized Lease Obligations - - Proceeds on the Sale of Investments (526) (447) Capital Contributions to Joint Ventures - - Distributions from Joint Ventures - - (Increase)Decrease in Other Long-Term Assets (1) - Net Assets(Liab.)Assumed and Other - - Net Cash Provided by(Used in)Inv.Act. (527) (447) 11