Financial Highlights

As a nonprofit organization, CHI Franciscan Health must be financially strong, and a good steward of limited resources, to be a viable business and support its mission to create healthier communities. The following information is for fiscal year 2013 (July 2012 – June 2013).

Net Patient Service Revenues:   $1.2 billion  
 
Community Benefit (including cost of charity care)   $95.2 million  
(Programs and services fully or partially funded by Franciscan that benefit the poor and broader community)  
 
Charity Care   $25.4 million  
(Free and reduced cost medical care provided to patients who could not afford to pay)  
 
Uncompensated Care   $152.3 million  
(Unreimbursed costs of serving patients enrolled in Medicaid and other state-subsidized programs)  
 
Bad Debt   $181.6 million  
(Cost of Care absorbed by Franciscan when patients do not pay)  
 
We Give More Than We Receive  
Federal, State, Local Taxes Paid: $80.4 million
Tax Exemptions: $32.4 million
Community Benefit exceeded tax exemptions by: $62.8 million
 
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Financial Highlights  
Bahman Saffari, M.D., Ph.D. a Gynecology Oncologist at Franciscan was named Physician of the Year for his exemplary commitment to patient care.