And in a second earlier recent post Florida Smaller Non Profit Hospital Profits, I found an additional 19 Non-Profit Hospital Organizations headquartered in the State of Florida with Total Operating Revenues of more than $100 mil each in the most recent fiscal year but also with Net Assets of less than $400 mil each experienced Total Audited Bottom Line Earnings which were a substantially lower 3.8% of Total Operating Revenues in the most recent year.
Bottom Line Earnings is a combination of Operating Income and Non-Operating Income, with the latter being due predominantly to Investment Returns.
So what about the even smaller individual Florida Non-Profit Hospitals? How did they do?
Fortunately, the State of Florida in its MyFlorida.com website discloses key operating statement information annually for each of its Florida individual Hospitals. The most recent annual Hospital Operating Statement information contained there was for annual fiscal years ended in 2011.
There were 172 individual in the MyFlorida website. Of these 172, 63 of them, or an amazingly high 37% of them, generated individual Hospital Total Operating Revenues of less than $50 mil in 2011.
These smallest 63 Florida individual Non-Profit Hospitals posted Total Bottom Line Losses which were a negative 6.7% of Total Operating Revenues in 2011. Whew!
Here is a summary of Bottom Line Profit Margins of these 172 individual Non-Profit Hospitals by Revenue intervals:
23 Hospitals..2011 Revenues above $400 mil..Bottom Line Profit 7.3% of Revenues
55 Hospitals..2011 Revenues of $100-400 mil.Bottom Line Profit 7.0% of Revenues
31 Hospitals..2011 Revenues of $50-100 mil....Bottom Line Profit 5.1% of Revenues
63 Hospitals..2011 Revenues Below $50 mil..Bottom Line Loss (6.7)% of Revenues
But it gets even worse for these smallest Florida Non-Profit Hospitals.
These 63 Hospitals with 2011 Revenues under $50 mil posted Total Operating Losses of $(312) mil in 2011, which was a negative (30.9)% of Total Operating Revenues.
My clear conclusion is that Florida Republican Governor Rick Scott is dead on.....Florida needs to Expand Medicaid. These struggling Florida Hospitals will be substantially strengthened financially by the huge amount of hospital patient revenues which would flow from Medicaid Expansion.
First, from a review and summarization of information contained in MyFlorida.com's website, below here are the Bottom Line Earnings and Total Operating Revenues in 2011 for each of these 172 Florida individual Hospitals sorted by Revenues:
| Bottom | ||||
| Bottom | Line | |||
| Line | Total | Profit | ||
| Florida | Profit | Operating | (Loss) | |
| County | Florida Hospital Name | (Loss) | Revenues | Margin |
| $000s | $000s | % | ||
| Revenues > $400 Mil | ||||
| Orange | Florida Hospital | 195,323 | 2,173,541 | 9.0% |
| Orange | Orlando Regional Medical Center | 128,453 | 1,518,411 | 8.5% |
| Miami-Dade | Jackson Memorial Hospital | (33,891) | 1,127,050 | -3.0% |
| Hillsborough | Tampa General Hospital | 22,929 | 986,242 | 2.3% |
| Alachua | Shands Hospital Univ Florida | 16,862 | 949,820 | 1.8% |
| Miami-Dade | Baptist Hospital Miami | 164,868 | 888,007 | 18.6% |
| Hillsborough | St Joseph's Hospital | 59,677 | 742,385 | 8.0% |
| Broward | Memorial Regional Hospital | 4,914 | 731,256 | 0.7% |
| Duval | Baptist Medical Center-Downtown | 81,997 | 728,731 | 11.3% |
| Lee | Lee Memorial Hospital | 74,310 | 569,818 | 13.0% |
| Hillsborough | H Lee Moffitt Cancer Center | 56,373 | 534,104 | 10.6% |
| Polk | Lakeland Regional Medical Center | 21,105 | 513,619 | 4.1% |
| Duval | Shands Jacksonville Medical Center | (5,011) | 506,849 | -1.0% |
| Sarasota | Sarasota Memorial Hospital | 70,208 | 459,027 | 15.3% |
| Miami-Dade | South Miami Hospital | 58,380 | 458,125 | 12.7% |
| Leon | Tallahassee Memorial Hospital | 66,396 | 451,155 | 14.7% |
| Brevard | Holmes Regional Medical Center | 43,577 | 445,497 | 9.8% |
| Miami-Dade | Mount Sinai Medical Center | (15,894) | 429,212 | -3.7% |
| Pinellas | Morton Plant Hospital | 46,261 | 429,058 | 10.8% |
| Broward | Broward Health Medical Center | 45,534 | 417,725 | 10.9% |
| Collier | Naples Community Hospital | 29,077 | 417,184 | 7.0% |
| Miami-Dade | Miami Children's Hospital | 7,340 | 411,342 | 1.8% |
| Escambia | Sacred Heart Hospital | 46,828 | 401,559 | 11.7% |
| Total 23 Revenues > $400 Mil | 1,185,616 | 16,289,717 | 7.3% | |
| Revenues $100-400 Mil | ||||
| Broward | Memorial Hospital West | 62,019 | 394,481 | 15.7% |
| Duval | St Vincent's Medical Center Riverside | 68,387 | 387,506 | 17.6% |
| Duval | Mayo Clinic | 52,171 | 385,620 | 13.5% |
| Volusia | Halifax Health Medical Center | 9,163 | 384,957 | 2.4% |
| Escambia | Baptist Hospital | 12,622 | 344,755 | 3.7% |
| Miami-Dade | Univ Miami Hospital and Clinics | 80,647 | 339,842 | 23.7% |
| Pinellas | Mease Dunedin Hospital | 37,395 | 337,288 | 11.1% |
| Palm Beach | Boca Raton Regional Hospital | 4,105 | 328,000 | 1.3% |
| Hillsborough | Florida Hospital Tampa | 3,680 | 318,530 | 1.2% |
| Broward | Holy Cross Hospital | 8,259 | 315,176 | 2.6% |
| Miami-Dade | University Miami Hospital | (267) | 306,483 | -0.1% |
| Marion | Munroe Regional Medical Center | 6,858 | 292,662 | 2.3% |
| Martin | Martin Medical Center | 22,463 | 292,205 | 7.7% |
| Lee | Gulf Coast Med Ctr Lee Memorial | (21,867) | 274,635 | -8.0% |
| Broward | Plantation General Hospital | 1,328 | 269,396 | 0.5% |
| Miami-Dade | Aventura Hospital and Medical Center | 40,603 | 266,789 | 15.2% |
| Palm Beach | Bethesda Hospital | 17,007 | 253,438 | 6.7% |
| Pinellas | Bayfront Medical Center | 2,599 | 253,064 | 1.0% |
| Miami-Dade | Kendall Regional Medical Center | 44,914 | 247,102 | 18.2% |
| Polk | Winter Haven Hospital | 200 | 224,952 | 0.1% |
| Lake | Leesburg Regional Medical Center | 15,586 | 221,127 | 7.0% |
| Bay | Bay Medical Center: Sacred Heart System | (1,145) | 217,073 | -0.5% |
| Volusia | Florida Hospital Oceanside | 515 | 205,897 | 0.3% |
| Miami-Dade | Doctors Hospital | 34,147 | 199,402 | 17.1% |
| Broward | Cleveland Clinic | 35,791 | 194,016 | 18.4% |
| Manatee | Manatee Memorial Hospital | 13,043 | 193,745 | 6.7% |
| St Johns | Flagler Hospital | 3,702 | 188,155 | 2.0% |
| Lake | Florida Hospital Waterman | 20,404 | 186,645 | 10.9% |
| Lee | Cape Coral Hospital | 23,237 | 186,522 | 12.5% |
| Pinellas | St Anthony's Hospital | 12,210 | 175,340 | 7.0% |
| Broward | Broward Health North | 1,815 | 170,473 | 1.1% |
| Collier | Physicians Regional Med Ctr-Pine Ridge | 20,319 | 170,128 | 11.9% |
| Palm Beach | Jupiter Medical Center | 4,676 | 165,827 | 2.8% |
| Indian River | Indian River Medical Center | 1,475 | 165,618 | 0.9% |
| Miami-Dade | Homestead Hospital | (18,097) | 165,347 | -10.9% |
| Broward | Memorial Hospital Miramar | 26,861 | 158,045 | 17.0% |
| Hernando | Brooksville Regional Hospital | 35,125 | 154,398 | 22.7% |
| Sarasota | Venice Regional Medical Center | 14,394 | 154,362 | 9.3% |
| Brevard | Parrish Medical Center | (7,685) | 142,763 | -5.4% |
| Citrus | Citrus Memorial Hospital | (97) | 141,084 | -0.1% |
| Highlands | Florida Hospital Heartland Med Ctr | 5,383 | 140,979 | 3.8% |
| Brevard | Wuesthoff Medical Center-Rockledge | (2,280) | 136,366 | -1.7% |
| Pasco | Florida Hospital Zephyrhills | 7,857 | 135,735 | 5.8% |
| Polk | Heart of Florida Regional Med Ctr | 33,233 | 134,821 | 24.6% |
| Lake | South Lake Hospital | 15,587 | 133,204 | 11.7% |
| Broward | Broward Health Coral Springs | 11,211 | 132,657 | 8.5% |
| Sumter | Villages Regional Hospital | 7,825 | 131,361 | 6.0% |
| Volusia | Florida Hospital Fish Memorial | 10,202 | 123,838 | 8.2% |
| Orange | Health Central | 3,466 | 120,386 | 2.9% |
| Duval | St Vincent's Medical Center Southside | (14,208) | 115,139 | -12.3% |
| Broward | Memorial Hospital Pembroke | (5,669) | 113,844 | -5.0% |
| Charlotte | Charlotte Regional Medical Center | 12,692 | 111,424 | 11.4% |
| Volusia | Florida Hospital Deland | 7,442 | 111,336 | 6.7% |
| Flagler | Florida Hospital Flagler | 25,261 | 111,093 | 22.7% |
| Brevard | Cape Canaveral Hospital | 9,052 | 101,257 | 8.9% |
| Total 55 Revenues $100-400 Mil | 815,616 | 11,626,288 | 7.0% | |
| Revenues $50-100 Mil | ||||
| Miami-Dade | Anne Bates Leach Hospital | 8,868 | 99,758 | 8.9% |
| Duval | Baptist Medical Center-Beaches | 7,835 | 98,292 | 8.0% |
| Broward | University Hospital& Medical Center | 5,503 | 96,619 | 5.7% |
| Broward | Broward Health Imperial Point | 1,881 | 95,603 | 2.0% |
| Charlotte | Peace River Regional Medical Center | (1,926) | 89,572 | -2.2% |
| Hillsborough | Florida Hospital Carrollwood | (1,480) | 89,325 | -1.7% |
| Monroe | Depoo Hospital | 25,629 | 86,448 | 29.6% |
| Pinellas | All Children's Hospital | 1,449 | 86,277 | 1.7% |
| Pasco | Morton Plant North Bay Hospital | 1,128 | 83,215 | 1.4% |
| Hillsborough | South Florida Baptist Hospital | 1,245 | 81,884 | 1.5% |
| Walton | Sacred Heart Hospital Emerald Coast | 10,570 | 78,369 | 13.5% |
| Citrus | Seven Rivers Regional Medical Center | 10,347 | 77,659 | 13.3% |
| Miami-Dade | Coral Gables Hospital | 1,126 | 75,189 | 1.5% |
| Brevard | Wuesthoff Medical Center-Melbourne | 12,302 | 73,123 | 16.8% |
| Duval | Brooks Rehabilitation Hospital | 7,373 | 71,797 | 10.3% |
| Indian River | Sebastian River Medical Center | 11,844 | 71,108 | 16.7% |
| Pinellas | Palms of Pasadena Hospital | 422 | 71,032 | 0.6% |
| Miami-Dade | Mercy Hosp Campus Plantation General Hosp | 1,599 | 69,414 | 2.3% |
| Hillsborough | Memorial Hospital Tampa | 2,588 | 62,275 | 4.2% |
| Miami-Dade | Palm Springs General Hospital | 2,109 | 62,189 | 3.4% |
| Pinellas | Florida Hospital North Pinellas | (10,654) | 61,266 | -17.4% |
| Miami-Dade | Westchester General Hospital | 1,438 | 60,567 | 2.4% |
| Miami-Dade | Larkin Community Hospital | 3,890 | 59,613 | 6.5% |
| Polk | Bartow Regional Medical Center | 6,033 | 56,620 | 10.7% |
| Santa Rosa | Santa Rosa Medical Center | 6,958 | 55,882 | 12.5% |
| Hillsborough | Town & Country Hospital | (69) | 54,870 | -0.1% |
| Manatee | Lakewood Ranch Medical Center | (2,927) | 54,599 | -5.4% |
| Highlands | Highlands Regional Medical Center | (2,374) | 54,027 | -4.4% |
| Putnam | Putnam Community Medical Center | (10,811) | 53,396 | -20.2% |
| Nassau | Baptist Medical Center-Nassau | 7,343 | 51,152 | 14.4% |
| Pasco | Pasco Regional Medical Center | 4,003 | 50,825 | 7.9% |
| Total 31 Revenues $50-100 Mil | 113,242 | 2,231,965 | 5.1% | |
| Revenues < $50 Mil | ||||
| Osceola | St Cloud Regional Medical Center | 4,988 | 49,785 | 10.0% |
| Monroe | Mariners Hospital | 7,222 | 46,403 | 15.6% |
| Jackson | Jackson Hospital | (873) | 43,928 | -2.0% |
| Lee | Lehigh Regional Medical Center | (1,694) | 41,025 | -4.1% |
| Miami-Dade | Metropolitan Hospital Miami | (4,377) | 39,426 | -11.1% |
| Columbia | Shands Lake Shore Regional Med Ctr | (3,513) | 37,531 | -9.4% |
| Volusia | Bert Fish Medical Center | (54) | 36,193 | -0.1% |
| Brevard | Palm Bay Hospital | 380 | 34,577 | 1.1% |
| Miami-Dade | West Kendall Baptist Hospital | (51,551) | 34,435 | -149.7% |
| Sarasota | Healthsouth | 8,742 | 31,004 | 28.2% |
| Palm Beach | Lakeside Medical Center | (2,031) | 29,501 | -6.9% |
| Desoto | Desoto Memorial Hospital | (1,284) | 28,567 | -4.5% |
| Miami-Dade | St Catherine's Rehabilitation Hospital | 5,872 | 25,062 | 23.4% |
| Pasco | Florida Hospital at Connerton | 1,123 | 22,370 | 5.0% |
| Washington | Northwest Florida Community Hospital | 1,424 | 20,544 | 6.9% |
| Brevard | Viera Hospital | (11,467) | 20,385 | -56.3% |
| Pinellas | Healthsouth | 4,565 | 20,296 | 22.5% |
| Bradford | Shands Starke Regional Medical Ctr | 721 | 20,223 | 3.6% |
| Suwanee | Shands Live Oak Regional Med Ctr | 1,834 | 19,091 | 9.6% |
| Hardee | Florida Hospital Wauchula | (827) | 19,025 | -4.3% |
| Taylor | Doctors Memorial Hospital | (388) | 18,915 | -2.1% |
| Duval | River Point Behavioral Health | 6,584 | 18,270 | 36.0% |
| Pinellas | Baycare Alliant Hospital | 1,757 | 17,112 | 10.3% |
| St Lucie | Port St Lucie Hospital | 147 | 16,466 | 0.9% |
| Hernando | Springbrook Hospital | 438 | 16,038 | 2.7% |
| Brevard | Devereux Florida | 263 | 15,766 | 1.7% |
| Collier | Willough at Naples | (99) | 14,899 | -0.7% |
| Baker | Ed Fraser Memorial Hospital | 3,555 | 14,881 | 23.9% |
| Hendry | Henry Regional Medical Center | (710) | 14,836 | -4.8% |
| Orange | Central Florida Behavioral Hospital | 1,754 | 13,723 | 12.8% |
| Duval | Wekiva Springs | 4,140 | 12,673 | 32.7% |
| Santa Rosa | Jay Hospital | (116) | 12,350 | -0.9% |
| Holmes | Doctors Memorial Hospital | (754) | 12,129 | -6.2% |
| Monroe | Fishermen's Hospital | (836) | 11,655 | -7.2% |
| Bay | Emerald Coast Behavioral Hospital | 421 | 10,238 | 4.1% |
| Walton | Healthmark Regional Medical Center | 204 | 10,026 | 2.0% |
| Broward | St Anthony's Rehabilitation Hospital | 1,461 | 9,614 | 15.2% |
| Broward | Atlantic Shores Hospital | 693 | 9,510 | 7.3% |
| Gulf | Sacred Heart Hospital on the Gulf | (6,004) | 9,349 | -64.2% |
| Baker | Northeast Florida State Hospital | 49 | 9,018 | 0.5% |
| Calhoun | Calhoun-Liberty Hospital | 135 | 9,004 | 1.5% |
| Union | Lake Butler Hospital Hand Surgery Ctr | 112 | 8,048 | 1.4% |
| Union | Reception and Medical Center Hospital | (16,369) | - | |
| Miami-Dade | Douglas Gardens Hospital | (1,569) | 7,622 | -20.6% |
| Santa Rosa | West Florida Community Care Ctr | 131 | 7,486 | 1.7% |
| Jackson | Campbellton-Graceville Hospital | (538) | 6,978 | -7.7% |
| Marion | The Vines Hospital | 1,076 | 6,742 | 16.0% |
| Broward | Hollywood Pavilion | 415 | 6,535 | 6.4% |
| Madison | Madison County Memorial Hospital | 164 | 6,248 | 2.6% |
| Brevard | Circles of Care | (4) | 6,215 | -0.1% |
| Orange | La Amistad Residential Treatment Ctr | 2,837 | 5,971 | 47.5% |
| Orange | University Behavioral Center | 794 | 5,846 | 13.6% |
| Palm Beach | Holley State Hospital | (6,200) | 5,780 | -107.3% |
| Levy | Tri County Hospital-Williston | (719) | 5,165 | -13.9% |
| Franklin | Weems Memorial Hospital | 447 | 5,157 | 8.7% |
| Lake | Lifestream Behavioral Center | 587 | 4,749 | 12.4% |
| Manatee | Manatee Glens Hospital | 133 | 4,443 | 3.0% |
| Leon | Eastside Psychiatric Hospital | (1,005) | 3,477 | -28.9% |
| Broward | South Florida State Hospital | 26 | 3,299 | 0.8% |
| Hillsborough | Shriners Hospitals For Children-Tampa | (20,540) | 3,100 | -662.6% |
| Gadsden | Florida State Hospital | 109 | 2,794 | 3.9% |
| Marion | The Centers Inc | 638 | 2,790 | 22.9% |
| Okaloosa | Gulf Coast Treatment Center | 47 | 1,882 | 2.5% |
| Palm Beach | Jerome Golden Center For Behavioral Health | (67) | 1,809 | -3.7% |
| Total 63 Revenues < $50 Mil | (67,601) | 1,007,979 | -6.7% | |
| Grand Total all 172 Hospitals | 2,046,873 | 31,155,949 | 6.6% |
Second, from a review and summarization of information contained in MyFlorida.com's website, below here are the Operating Income (Loss) and Total Operating Revenues in 2011 for each of the 63 smallest Florida individual Non-Profit Hospitals with Revenues below $50 mil sorted by Revenues:
| Operating | ||||
| Operating | Total | Income | ||
| Income | Operating | (Loss) | ||
| (Loss) | Revenues | Margin | ||
| $000s | $000s | % | ||
| Revenues < $50 Mil | ||||
| Osceola | St Cloud Regional Medical Center | 4,714 | 49,785 | 9.5% |
| Monroe | Mariners Hospital | 7,167 | 46,403 | 15.4% |
| Jackson | Jackson Hospital | (1,529) | 43,928 | -3.5% |
| Lee | Lehigh Regional Medical Center | (545) | 41,025 | -1.3% |
| Miami-Dade | Metropolitan Hospital Miami | (4,386) | 39,426 | -11.1% |
| Columbia | Shands Lake Shore Regnl Med Ctr | (6,379) | 37,531 | -17.0% |
| Volusia | Bert Fish Medical Center | (5,983) | 36,193 | -16.5% |
| Brevard | Palm Bay Hospital | (997) | 34,577 | -2.9% |
| Miami-Dade | West Kendall Baptist Hospital | (50,240) | 34,435 | -145.9% |
| Sarasota | Healthsouth | 8,745 | 31,004 | 28.2% |
| Palm Beach | Lakeside Medical Center | (9,063) | 29,501 | -30.7% |
| Desoto | Desoto Memorial Hospital | (4,045) | 28,567 | -14.2% |
| Miami-Dade | St Catherine's Rehabilitation Hosp | 5,860 | 25,062 | 23.4% |
| Pasco | Florida Hospital at Connerton | 1,087 | 22,370 | 4.9% |
| Washington | Northwest Florida Community Hosp | 1,079 | 20,544 | 5.3% |
| Brevard | Viera Hospital | (16,043) | 20,385 | -78.7% |
| Pinellas | Healthsouth | 4,562 | 20,296 | 22.5% |
| Bradford | Shands Starke Regional Medical Ctr | (231) | 20,223 | -1.1% |
| Suwanee | Shands Live Oak Regional Med Ctr | 2,329 | 19,091 | 12.2% |
| Hardee | Florida Hospital Wauchula | (707) | 19,025 | -3.7% |
| Taylor | Doctors Memorial Hospital | (1,248) | 18,915 | -6.6% |
| Duval | River Point Behavioral Health | 6,632 | 18,270 | 36.3% |
| Pinellas | Baycare Alliant Hospital | 1,753 | 17,112 | 10.2% |
| St Lucie | Port St Lucie Hospital | 106 | 16,466 | 0.6% |
| Hernando | Springbrook Hospital | (252) | 16,038 | -1.6% |
| Brevard | Devereux Florida | (38) | 15,766 | -0.2% |
| Collier | Willough at Naples | (2,291) | 14,899 | -15.4% |
| Baker | Ed Fraser Memorial Hospital | 3,982 | 14,881 | 26.8% |
| Hendry | Henry Regional Medical Center | (7,672) | 14,836 | -51.7% |
| Orange | Central Florida Behavioral Hospital | 73 | 13,723 | 0.5% |
| Duval | Wekiva Springs | 4,140 | 12,673 | 32.7% |
| Santa Rosa | Jay Hospital | (128) | 12,350 | -1.0% |
| Holmes | Doctors Memorial Hospital | (563) | 12,129 | -4.6% |
| Monroe | Fishermen's Hospital | 1,358 | 11,655 | 11.7% |
| Bay | Emerald Coast Behavioral Hospital | 421 | 10,238 | 4.1% |
| Walton | Healthmark Regional Medical Ctr | (172) | 10,026 | -1.7% |
| Broward | St Anthony's Rehabilitation Hospital | 1,484 | 9,614 | 15.4% |
| Broward | Atlantic Shores Hospital | 693 | 9,510 | 7.3% |
| Gulf | Sacred Heart Hospital on the Gulf | (6,000) | 9,349 | -64.2% |
| Baker | Northeast Florida State Hospital | (50,701) | 9,018 | -562.2% |
| Calhoun | Calhoun-Liberty Hospital | (301) | 9,004 | -3.3% |
| Union | Lake Butler Hospital Hand Surgery Ctr | (193) | 8,048 | -2.4% |
| Union | Reception and Medical Center Hospital | (16,369) | - | |
| Miami-Dade | Douglas Gardens Hospital | (1,843) | 7,622 | -24.2% |
| Santa Rosa | West Florida Community Care Ctr | 2 | 7,486 | 0.0% |
| Jackson | Campbellton-Graceville Hospital | (837) | 6,978 | -12.0% |
| Marion | The Vines Hospital | 993 | 6,742 | 14.7% |
| Broward | Hollywood Pavilion | 415 | 6,535 | 6.4% |
| Madison | Madison County Memorial Hospital | (928) | 6,248 | -14.9% |
| Brevard | Circles of Care | (4,325) | 6,215 | -69.6% |
| Orange | La Amistad Residential Treatment Ctr | (2,581) | 5,971 | -43.2% |
| Orange | University Behavioral Center | (1,909) | 5,846 | -32.7% |
| Palm Beach | Holley State Hospital | (6,233) | 5,780 | -107.8% |
| Levy | Tri County Hospital-Williston | (850) | 5,165 | -16.5% |
| Franklin | Weems Memorial Hospital | (2,811) | 5,157 | -54.5% |
| Lake | Lifestream Behavioral Center | (2,180) | 4,749 | -45.9% |
| Manatee | Manatee Glens Hospital | 133 | 4,443 | 3.0% |
| Leon | Eastside Psychiatric Hospital | (1,005) | 3,477 | -28.9% |
| Broward | South Florida State Hospital | (28,140) | 3,299 | -853.0% |
| Hillsborough | Shriners Hospitals For Children-Tampa | (19,015) | 3,100 | -613.4% |
| Gadsden | Florida State Hospital | (108,699) | 2,794 | -3890.4% |
| Marion | The Centers Inc | 304 | 2,790 | 10.9% |
| Okaloosa | Gulf Coast Treatment Center | 47 | 1,882 | 2.5% |
| Palm Beach | Jerome Golden Center For Behavioral Health | (2,616) | 1,809 | -144.6% |
| Total all 63 | (311,969) | 1,007,979 | -30.9% |
Let me put some additional numbers out here which shows just how Florida Hospitals and the rest of Florida will benefit greatly from Medicaid Expansion in Florida. Summarizing information supplied by the State of Florida's MyFlorida.com website, these above 172 Non-Profit Florida Hospitals generated Total Operating Income of $1.202 bil in 2011. Their Total Provisions For Bad Debts, which reduced their Total Operating Income, were $4.319 bil in 2011, which was 3.6 times their Total Operating Income of $1.202 bil. And their Total Uncompensated Charity Care Charges Foregone were $6.217 bil in 2011, which was 5.2 times their Total Operating Income of $1.202 bil.
When Florida's Hospitals get substantially enhanced financially like this from Medicaid Expansion in Florida, it only makes sense that hospital patient prices decline, health insurance premiums decline, the State of Florida's financial coffers are substantially enhanced, and Florida's taxes assessed on individuals and businesses also decline.
