Pathology Faculty Meeting - Financials

October 23, 2013

HHCMed

School

EVPMA & Shared

Services MHC EliminationsFY14 UMHS

Consolidated

Total Revenues $201.4 $99.7 $9.8 $0.0 ($24.8) $286.1

Operating ExpensesPayroll $101.0 $74.8 $7.0 $0.0 $0.0 182.8 Depreciation $17.4 $3.6 $0.0 $0.0 $0.0 21.0 Other Operating 80.8 35.5 3.1 - (24.8) 94.6

Total Expenses $199.2 $113.9 $10.1 $0.0 ($24.8) $298.4

Operating Margin $2.2 ($14.2) ($0.3) $0.0 $0.0 ($12.3)Margin % 1.1% -14.2% -3.1% 0.0% -4.3%

Non Operating ItemsInvestment Income $3.8 $5.6 $0.7 $0.0 10.1 Interest Expense - net ($3.2) ($0.3) $0.0 $0.0 (3.5) Other Non Operating 12.0 1.1 (0.0) 0.0 13.1

Pre Transfers / Support Margin $14.8 ($7.8) $0.4 $0.0 $0.0 $7.4Margin % 7.3% -7.8% 4.1% 0.0% 2.6%

UMHS Support ($7.5) $7.7 ($0.2) $0.0 - Equity Transfers - Net Campus ($0.9) $0.5 ($0.4) $0.0 (0.8)

Total Margin $6.4 $0.4 ($0.1) $0.0 $0.0 $6.6Margin % 3.2% 0.4% -1.0% 0.0% 2.3%

Total Cash Flow Margin $23.7 $4.5 ($0.1) $0.0 $0.0 $28.1Margin % 11.8% 4.5% -1.0% 0.0% 9.8%

UMHS Consolidated FY14 September MTD

Financials

HHCMed

School

EVPMA & Shared

Services MHC EliminationsFY14 UMHS

Consolidated

Total Revenues $621.5 $300.5 $28.4 $0.0 ($73.8) $876.6

Operating ExpensesPayroll $311.2 $228.4 $21.2 $0.1 $0.0 560.9 Depreciation $53.3 $11.0 $0.1 $0.0 $0.0 64.4 Other Operating 240.5 115.0 8.1 - (73.8) 289.7

Total Expenses $605.0 $354.3 $29.4 $0.1 ($73.8) $915.0

Operating Margin $16.5 ($53.8) ($1.0) ($0.1) $0.0 ($38.4)Margin % 2.7% -17.9% -3.5% 0.0% -4.4%

Non Operating ItemsInvestment Income $11.5 $16.8 $0.7 $0.0 29.0 Interest Expense - net ($9.4) ($1.0) $0.0 $0.0 (10.4) Other Non Operating 12.3 3.3 0.1 0.0 15.7

Pre Transfers / Support Margin $30.9 ($34.7) ($0.2) ($0.1) $0.0 ($4.1)Margin % 5.0% -11.5% -0.8% 0.0% -0.5%

UMHS Support ($28.3) $28.3 ($1.0) $0.9 (0.1) Equity Transfers - Net Campus ($2.6) $1.6 ($1.0) ($1.5) (3.5)

Total Margin ($0.0) ($4.8) ($2.2) ($0.7) $0.0 ($7.7)Margin % 0.0% -1.6% -7.8% 0.0% -0.9%

Total Cash Flow Margin $53.3 $7.9 ($2.1) ($0.7) $0.0 $58.3Margin % 8.6% 2.6% -7.5% 0.0% 6.7%

UMHS Consolidated FY14 September YTD

Financials

Pathology Fiscal Year

ComparisonPathology - Hospital FY 2014 YTD Sept FY 2013 YTD Sept YoY % Change

Billed Tests 1,321,874 1,355,019 -2.45%

Inpt Billed Tests 591,738 578,645 2.26%

Outpt Billed Tests 730,136 776,374 -5.96%

Charges $147,938,799 $121,249,270 22.01%

Expense $24,416,887 $23,354,406 4.55%

FTEs 546 539 1.30%

Pathology- Department FY 2014 YTD Sept FY 2013 YTD Sept YoY % Change

Work RVUs 64,745 57,264 13.06%

Net Pt Care Revenue $4,405,884 $3,919,768 12.40%

Practice $4,163,188 $3,680,388 13.12%

Component Billing $242,696 $239,380 1.39%

Margin before Market Changes $293,619 ($981,358)

ACU Total Margin $26,545,473 $9,742,676 172.47%