Page 33 - Flipbook January Board

The Guthrie Clinic
Consolidated Statement of Revenue & Expense

For Year-To-Date November 30, 2018
(Dollars In Thousands)

Prior
Actual Budget $ Var % Var Year $ Var % Var

Patient Service Revenue net of Allowances 334,239 342,524 (8,285) -2% 315,521 18,718 6%

Provision for Bad Debt 18,003 21,609 3,606 17% 20,507 2,504 12%

Net Patient Service Revenue 316,236 320,915 (4,679) -1% 295,014 21,222 7%

Operating Revenues and Support 7,378 7,036 343 5% 6,945 433 6%

Total Operating Revenues 323,615 327,951 (4,336) -1% 301,959 21,655 7%

Salaries 153,548 157,982 4,434 3% 145,434 (8,113) -6%
Employee Benefits 33,444 31,097 (2,347) -8% 28,854 (4,590) -16%

Purchased Services 30,675 25,137 (5,539) -22% 23,132 (7,544) -33%
Supplies 33,690 31,945 (1,745) -5% 28,996 (4,694) -16%
Pharmaceuticals 30,077 26,823 (3,254) -12% 26,224 (3,852) -15%
Insurance 4,576 4,550 (26) -1% 4,639 63 1%
Other Expenses 26,284 26,054 (230) -1% 23,155 (3,129) -14%
Depreciation and Amortization 17,400 19,128 1,728 9% 17,759 359 2%
Interest Expense 3,793 3,794 1 0% 3,422 (371) -11%

Operating Expenses 333,486 326,508 (6,979) -2% 301,615 (31,872) -11%

Income (Loss) From Operations (9,872) 1,443 (11,315) -784% 345 (10,217) -2963%

Non Operating Gains (Losses) (9,005) 5,083 (14,087) -277% 30,566 (39,571) -129%

Excess Margin (18,876) 6,526 (25,402) -389% 30,911 (49,788) -161%

5