Brain Tumor and Neuro-Oncology Center - Cleveland Clinic

6
Clinical and Financial Performance – 2008
The BTNC experienced an unprecedented year of
clinical volume and financial growth in 2008.
Higher Patient Volume
Between 2001 and 2008, the BTNC experienced
an increase in new patient volume of 150 percent;
an increase in total outpatient visits of 366 percent;
an increase in surgical cases of 32 percent; and an
increase in Gamma Knife cases of 92 percent.
In 2004, BTNC physicians began performing Novalis
radiosurgery, starting with only three cases. By 2008,
our staff performed 82 of these procedures.
Overall in 2008, BTNC physicians recorded 7,925
outpatient visits and performed 974 surgical and
radiosurgical procedures.
Larger Market Share
The BTNC maintains the highest market share in the
“Cuyahoga County,” “21-county” and “state of Ohio”
markets, and continues to increase dominance over its
closest competitor. Future initiatives focus on increasing
market share locally, regionally and nationally.
Financial Performance
Increased Revenue Between 2002 and 2008,
gross revenue increased 178 percent; net revenue
increased 111 percent; and contribution margin
increased 79 percent.
BRAIN TUMOR AND NEURO-ONCOLOGY CENTER
BTNC Financial Performance
s
s s s s
2002 2003 2004 2005 2006 2007 2008
annualized
n Net Revenue
s Contribution Margin
s
s