Statements of Operations

Our 2013 financial highlights:

  • Salaries and benefits for employees who provide our services: $4.5 billion
  • Cost of services provided to patients who couldn’t afford to pay for the care they received (charity care): $166 million
  • Other patient service charges for which we did not receive payment (bad debt): $410 million
  • Capital invested to build and improve facilities and enhance patient care: $1 billion

Statement of operations

(Dollars in millions)

Sutter Health and affiliates

 

2013

2012

Patient services revenues, less provision for bad debts

$8,361

$8,236

Other revenues

1,288

1,324

Total revenues

$9,649

$9,560


Salaries and employee benefits

$4,470

$4,314

Other expenses

4,520

4,154

Capital costs

681

543

Total expenses

$9,671

$9,011



Income from operations

(22)

549

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

380

242

Income

358

791

Less income attributable to noncontrolling interests

(58)

(56)

Income attributable to Sutter Health

$300

$735



 

2013 Expenses

2013 Expenses: Salaries and employee costs: 46.2%, Purchased services: 24.3%, Supplies: 10.9%, Capital costs: 7.1%, Other: 11.5%




2013 Payer Mix

2013 Payer Mix: Medicare: 41%, Commercial: 36%, Medi-Cal: 16%, Self-pay: 4%, Other: 3%