Financials & Statement of Operations

September 30	2017	2016
Assets
Current Assets:
Cash and Cash Equivalents	$3,449,190	$2,378,631
Accounts Receivable, Less Allowance	4,911,338	4,361,626
Other Receivables	211,822	533,219
Due to – from Affiliates	(1,397,048)	(745,948)
Prepaid Expenses and Other Assets	144,015	247,147
Current Portion of Assets Whose Use is Limited	–	62
Total Current Assets	7,319,317	6,774737
Other Assets	37,539	66,567
Property, Plant, and Equipment, Net	5,702,812	5,736,914
Total Assets	13,059,668	12,578,218

Liabilities and Net Assets
Current Liabilities
Accounts Payable	218,363	259,810
Salaries, Wages, Payroll Taxes, and Amounts Withheld From Employees	843,106	777,705
Accrued Expenses	427,085	1,508,039
Estimated Third-Party Settlements	983,222	504,658
Current Portion of Long Term Debt and Capital Leases	77,306	35,895
Total Current Liabilities	2,549,082	3,086,107
Long Term Debt, Less Current Portion	134,870	61,664
Total Liabilities	2,683,952	3,147,771

Net Assets
Unrestricted	10,268,019	9,263,208
Temporarily Restricted	107,697	167,239
Total Net Assets	10,375,716	9,430,447
Total Liabilities and Net Assets	$13,059,668	$12,578,218

Year to Date September 30, 2017	Actual	Budget
Net Patient Service Revenue Less Provision for Bad Debts	$20,398,312	$19,762,031
Other Operating Revenue	11,584,815	11,250,559
Net Assets Released from Restriction	115,312	49,764
Total Revenues	32,098,439	31,062,354

Operating Expenses
Salaries and Wages	18,476,154	17,685,593
Employee Benefits	4,634,082	4,856,786
Supplies and Other	1,103,090	1,541,405
Purchased Services	6,447,614	6,146,296
Depreciation and Amortization	576,665	606,093
Interest Expense	14,475	28,258
	31,252,080	30,683,991
Operating Income / (Loss)	846,359	378,363

Non-Operating Income / (Loss)
Income from investments	158,452	89,580
Other	–	258
	158,452	89,838

Excess (Deficiency) of Revenues Over Expense	1,004,811	468,201