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rEdEFInIng - Stanford Hospital & Clinics

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<strong>Stanford</strong> <strong>Hospital</strong> & <strong>Clinics</strong> is a nonprofit healthcare provider known worldwide for advanced treatment of complex<br />

disorders in areas such as cardiology, oncology, neurology, surgery and organ transplantation. <strong>Stanford</strong> <strong>Hospital</strong> &<br />

<strong>Clinics</strong> is internationally recognized for translating medical breakthroughs into innovative and compassionate care<br />

for patients, and was recently named the best hospital in the San Jose, California, metropolitan area in U.S. News &<br />

World Report’s first-ever Best <strong>Hospital</strong>s Metro Area rankings.<br />

NET OPERATINg REVENuE (Dollars in millions)<br />

Total Net Operating Revenue and Expense: $1.967 billion<br />

F Y2010<br />

highlights cOmmUnITY<br />

In fiscal year 2010, <strong>Stanford</strong> <strong>Hospital</strong> & <strong>Clinics</strong> continued to achieve strong financial performance, despite the continuing<br />

challenges in the economic environment. Its bond ratings are among the highest for healthcare organizations in<br />

California. At a time of national focus on health care, <strong>Stanford</strong> <strong>Hospital</strong> & <strong>Clinics</strong>’ significant progress of recent years will<br />

help make the upcoming major investment to build the New <strong>Stanford</strong> <strong>Hospital</strong> possible.<br />

Inpatient Care $978 49.7%<br />

Outpatient Care $913 46.4%<br />

Other $76 3.9%<br />

NET OPERATINg ExPENSES (Dollars in millions)<br />

22<br />

Salaries and Benefits $840 42.7%<br />

Supplies $271 13.8%<br />

Purchased Services $454 23.1%<br />

Depreciation $96 4.9%<br />

Interest Expense $40 2.0%<br />

Transfers and Other $166 8.4%<br />

Reinvestment, Net $100 5.1%<br />

Return to TOC<br />

BEnEFITs sUmmArY<br />

In addition to delivering outstanding patient care, <strong>Stanford</strong> <strong>Hospital</strong> & <strong>Clinics</strong> provides an extensive range of community<br />

benefit programs. All free of charge or largely subsidized, these include health and education programs such as the <strong>Stanford</strong><br />

Health library, the <strong>Stanford</strong> Cancer Supportive Care Program, the Strong for life senior adult exercise program and lifeline<br />

services. The <strong>Hospital</strong> also provides financial contributions and services to several community-based clinics, and programs<br />

that offer culturally appropriate cancer education and outreach.<br />

Over the past year, key initiatives have focused on improving the health and well-being of older adults, as well as improving<br />

access to care and reducing cancer-related health disparities.<br />

The table below summarizes <strong>Stanford</strong> <strong>Hospital</strong>’s significant investment in community benefit programs.<br />

COMMuNITY BENEFIT (Dollars in millions)<br />

Benefits for Vulnerable Populations $106.9<br />

Medicare (uncompensated Expense) $94.8<br />

Benefits for the larger Community $4.5<br />

Health Research, Education and Training $42.4<br />

Total Excluding medicare $153.8<br />

Total Including medicare $248.6<br />

HOSPITAl STATISTICS (FY’10)<br />

licensed Beds 613<br />

(465 operating)<br />

licensed ICu Beds 67<br />

(66 operating)<br />

Operating Rooms 49<br />

(21 Main Campus ORs, 4 Redwood City Outpatient Center ORs, 12 Ambulatory Surgery Operating Suites,<br />

9 Interventional Services Procedure Rooms, 3 IR Procedure Rooms)<br />

Staff<br />

Medical 1,907<br />

Interns and Residents 1,044<br />

RNs 1,937<br />

lVNs 17<br />

Nursing Assistants 154<br />

Nonmedical Employees 2,244<br />

Total Staff 7,303<br />

Volunteers 1,040<br />

Volunteer Hours of Service 83,000<br />

Admissions Per Year<br />

Inpatient 24,111<br />

Outpatient Visits 558,025<br />

ER Visits 50,561<br />

<strong>Stanford</strong> <strong>Hospital</strong> Health library Visits 14,000 walk-in/year; 30,000 online/month<br />

23

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