rEdEFInIng - Stanford Hospital & Clinics
rEdEFInIng - Stanford Hospital & Clinics
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