Mount Carmel Health System 2014 Community Benefit Report | Page 3
Mount Carmel’s Community Benefit by the Numbers
FY14: July 1, 2013 - June 30, 2014
COMMUNITY BENEFIT FOR MOST VULNERABLE
Traditional Charity Care
$ 24,676,821
Unpaid Costs of Medicaid
$ 49,163,387
Community Health Services
$
3,319,910
Community Building Activities, Sponsorships & Donations $
556,418
TOTAL FOR MOST VULNERABLE2
• In FY14, Mount Carmel’s Community
Benefit exceeded the amount of taxes
Mount Carmel would have paid by
$33,128,972 if we were a for-profit
business.1
$ 77,716,536
• In accordance with the reporting
guidelines issued by the Catholic Health
Association (CHA), Medicare costs are
not included in this report.
BENEFITS FOR BROADER COMMUNITY
Community Health Services
$
690,623
Community Building Activities, Sponsorships & Donations $
968,622
Research & Education
Community Benefit Operations
$
TOTAL FOR BROADER COMMUNITY3
$ 15,296,796
TOTAL COMMUNITY BENEFIT
• Beginning with the 2013 tax year, the
IRS proposal says that any money
required to be spent on a specific grant
program known as a “restricted grant”
no longer counts toward the community
benefit total.
$ 13,480,061
$ 93,013,332
157,490
1
Unaudited figure - every effort has been made to ensure the accuracy of the financial information
2
Includes the medical care, education and programs provided for people who are at or below 200% of the federally defined poverty
level, or beneficiaries of Medicaid
3
Includes medical care, education and programs provided for the entire community
Unpaid Costs of Medicaid 52.86%
Traditional Charity Care 26.53%
Community Benefit Operations 0.17%
Research and Education 14.49%
Combined Community Building,
Sponsorships and Donations 1.64%
Combined Community
Health Services 4.31%
DEFINITIONS
Traditional: the cost of free or reduced health services.
Unpaid Costs of Medicaid: the cost to Mount Carmel that remains unreimbursed by the government when
treating patients with Medicaid insurance.
Community Health Services: services offered to the community with the intent of improving community health.
Community Building Activities, Sponsorships and Donations: activities that strengthen the community’s
capacity to promote the health of its residents.
Unfunded Cost of Research and Medical Education: clinical and community health research as well as
educational programs for health care professionals.