MidState Medical Center Financials

Statement of Operations

Year to Date
September 30, 2015
Year to Date
September 30, 2014
Gross Patient Service Revenue
Inpatient$225,338,050$226,391,995
Outpatient$324,189,189$317,037,529
Professional Service Revenue
$337,135,430$324,321,801
Contractual Allowances$326,495,410$309,787,044
Bad Debts$4,423,863$6,409,747
Charity Care$6,216,157$8,125,010
$337,125,430$324,321,801
Net Revenutes from Services to Patients$212,391,809$219,107,723
Other Operating Revenue$14,304,616$15,207,485
Net Assets Released from Restriction$101,856$141,976
Total Revenues$226,798,281 $234,457,184
Operating Expenses
Salaries and Fringe$80,275,146$84,526,373
Pension$3,736,330$4,651,262
Supplies and Other$40,450,032$38,741,172
Purchased Services$63,389,170$64,861,090
Malpractice$2,190,432$2,753,277
Depreciation and Amortization$12,593,806$13,076,586
Rental Expense$3,968,133$3,992,280
$210,015,426$215,775,666
Operating Income (loss)$16,782,855$18,681,518
Other Income
Income from Investments, Gifts, and Bequests, Net($2,707,080)$3,147,295
Other
($2,707,080)$3,147,295
Excess (Deficiency) of Revenues over Expenses$14,075,775$21,828,813
Operating Margin (%)7.40%7.97%