2007 Financial Review
| Revenues: | 2007 |
2006 |
| Gross patient service revenues | $294,799,366 |
$274,795,858 |
| Revenue deductions: | ||
 Medicare |
(79,642,743) |
(72,567,113) |
| Medicaid |
(16,214,041) |
(14,114,917) |
| Blue Cross & other |
(56,319,323) |
(51,986,475) |
| Total revenue deductions | (152,176,107) |
(138,668,505) |
| Charity care | (7,085,000) |
(6,150,000) |
| Net patient service revenues | 135,538,259 |
129,921,741 |
| Other revenues | 1,738,588 |
1,760,105 |
| Total Revenues | $137,276,847 |
$131,681,846 |
| Expenses: | ||
| Salaries | 48,849,079 |
46,373,923 |
| Employee benefits | 10,568,190 |
10,318,258 |
| Medical professional fees | 9,496,826 |
8,262,341 |
| Purchased services | 6,600,780 |
6,385,478 |
| Supplies | 20,895,723 |
19,871,065 |
| Utilities | 1,647,460 |
1,601,494 |
| Miscellaneous expense | 1,364,970 |
1,108,521 |
| Repairs and maintenance | 3,996,060 |
3,527,864 |
| Depreciation & amortization | 7,897,534 |
8,529,562 |
| Loss on sale or disposal of property | 335,419 |
232,372 |
| Insurance | 778,830 |
718,464 |
| Other capital costs | 2,024,057 |
1,743,186 |
| Interest | 1,756,474 |
1,669,935 |
| Provision for uncollectible accounts | 11,398,575 |
11,041,972 |
| Total Expenses | $127,609,977 |
$121,384,435 |
| Operating Income | $9,666,870 |
$10,297,411 |
| Available for facility improvements, new equipment and services to meet the health care needs of the community | ||
| Additions to Capital Assets: | ||
| Construction, equipment purchases and facility improvements | $32,302,119 |
$14,332,299 |
