These nine Indiana Non-Profit Hospital Organizations generated Audited Total Bottom Line Earnings (i.e. the Excess of Revenues and Gains over Expenses and Losses) in the most recently reported 2013 of $1.672 bil, which was a remarkable $3.130 Annual Earnings Improvement as compared with the Audited Total Bottom Line Losses of $1.458 Bil in 2008.
These 2013 Total Bottom Line Earnings of $1.672 bil were an exceptionally strong 10.1% of the related Total Operating Revenues in the same year. The comparable Bottom Line Earnings Margin in 2012 was even much higher than 10.1%.
To put it succinctly, these largest Indiana Non-Profit Hospital Organizations have been on fire financially in every year subsequent to the disastrous Financial Meltdown year of 2008. What an incredible five-year run.
Below here are the Bottom Line Earnings (Losses) of each of these nine Indiana Non-Profit Hospital Organizations in both the most recently reported 2013 year and also in 2008, along with the resultant Annual Earnings Improvement and 2013 Total Operating Revenues:
Most | |||||||
Recent | 2013 | 2013 | 2008 | Earnings | |||
Annual | Audited | Audited | Audited | Improvement | |||
Fiscal | Total | Net | Net | 2013 | |||
Indiana Non-Profit | City | Year | Operating | Income | Income | Above | |
Hospital Organizations | HQs | End | Revenues | (Loss) | (Loss) | 2008 | |
mil $s | mil $s | mil $s | mil $s | ||||
Indiana University Health | Indianapolis | Dec 13 | 5,247 | 541 | (590) | 1,131 | |
Franciscan Alliance | Mishawaka | Dec 13 | 2,609 | 244 | (341) | 585 | |
St Vincent Health | Indianapolis | Jun 13 | 2,761 | 328 | (221) | 549 | |
Parkview Health | Fort Wayne | Dec 13 | 1,161 | 174 | (156) | 330 | |
Community Health Network | Indianapolis | Dec 13 | 1,763 | 107 | (94) | 201 | |
Beacon Health | South Bend | Dec 13 | 821 | 90 | (88) | 178 | |
St Mary's Health | Evansville | Jun 13 | 518 | 78 | (45) | 123 | |
Deaconess Health | Evansville | Sep 13 | 696 | 52 | 33 | 19 | |
Community Foundation NW Indiana | Munster | Jun 14 | 914 | 58 | 44 | 14 | |
Total of all 9 | 16,490 | 1,672 | (1,458) | 3,130 |