PROUDLY NOT-FOR-PROFIT
As the only locally owned, not-for-profit health network in Reno, we proudly embrace our role
as a healthcare leader in this region. And because all income earned here actually stays here,
we are more able to extend a helping hand where it’s needed most, providing many services
that cannot pay for themselves — and might otherwise simply not exist.
We answer to no out-of-state owners or shareholders, but rather to our own board, our
partners, and those for whom we provide care. All of our revenues stay here in northern
Nevada and are reinvested in the people, programs and technologies that will make the biggest
and most enduring impact in this place we all call home.
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Even with a solid financial performance, in an average year we are able to fund only a fraction
of the capital equipment requests from our doctors and staff. Be assured, however, that
at Renown, we work hard every day to allocate our scarce resources where they will best
support our patients and our community by investing in our people, and in new facilities and
technologies. On the following pages, you’ll learn how we’re accomplishing this goal for the
benefit of patients, families and the community.
9%
11%
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HOW OUR DOLLARS ARE SPENT – FY 2015
8%
8% Income Available to Reinvest*
40% Salaries and Benefits
14%
18%
18% Healthcare Payments to Partners
40%
14% Supplies
9% Property and Equipment
11% Other
*Resources available for investment back into our
community for facilities, equipment and programs.
A CLOSER LOOK