2012 Annual Report

Statements of Operations

Our 2012 financial highlights:

  • Salaries and benefits for employees who provide our services: $4.3 billion
  • Cost of services provided to patients who couldn't afford to pay for the care they received (charity care): $153 million
  • Other patient service charges for which we did not receive payment (bad debt): $376 million
  • Capital invested to build and improve facilities and enhance patient care: $1,054 million

Statement of operations

(Dollars in millions)

Sutter Health and affiliates

 

2012

2011

Patient services revenues, less provision for bad debts

$8,236

$7,753

Other revenues

1,324

1,326

Total revenues

$9,560

$9,079


Salaries and employee benefits

4,314

4,107

Other expenses

4,154

3,731

Capital costs

543

544

Total expenses

$9,011

$8,382



Income from operations

549

697

Investment income and change in net unrealized gains and losses on investments classified as trading

242

(14)

Income

791

683

Less income attributable to noncontrolling interests

(56)

(49)

Income attributable to Sutter Health

$735

$634



2012 expenses

Salaries and Employee Costs: 47.9%, Purchased Services: 24%, Supplies: 11.3%, Other: 10.8%, Capital Costs: 6%



2012 payer mix

Medicare: 41%, Commercial: 37%, MediCal: 17%, Self-pay: 3%, Other: 2%