Financial Highlights
2019 |
|
DCH Health System Audited Financials | |
Salaries & benefits | $266,760,063 |
Supplies, utilities and other costs | $218,904,569 |
Interest | $2,643,659 |
Depreciation | $31,494,508 |
Total Revenues | $544,675,754 |
Total Expenses | $519,802,799 |
Reserve for the Future Operations*** |
$24,872,955
4.5% |
DCH Health System Patients By Payor | |
Blue Cross | 22.08% |
Medicaid | 12.78% |
Medicare | 47.52% |
Other | 11.50% |
Self-Pay | 6.12% |
Free Care/Tax Dollars Received | |
Free Care | $40,228,026 |
Sales Tax Received | $6,106,313 |
The complete audited financial report is conducted in accordance with the hospital audit guide produced by the Department of Examiners or Public Accounts and is a public document available for inspection in the office of the Tuscaloosa County Circuit Clerk.
Medicare pays the DCH Health System for its patients on a rate for diagnosis, regardless of the length of hospital stay or services provided. Medicaid pays DCH Health System a fixed amount per day for each of its patients up to 16 days per year, regardless of services performed. Blue Cross Blue Shield of Alabama pays the DCH Health System a fixed amount per day for each of its patients, regardless of services performed. The hospital is not allowed to collect the difference from the patient.
*Cost for Charity Care + Bad Debt= Free Care
(Does not include contractual discounts for Blue Cross, Medicare, Medicaid, etc.)
**Charity and bad debt (charges) for DCH Regional Medical Center, Northport Medical Center and Fayette Medical Center.
***As a public, not-for-profit organization, the DCH Health System maintains any excess revenue in a reserve for future use, including the addition of new technology and services, and ensuring competitive wages and benefits for employees.