Funding Change Threatens Shands-Jacksonville

[hooplady]

Does anyone know what percentage of revenue comes from indigent care?  Could SHANDS exist without it? 

According to their audited financial statements, Shands Jacksonville as a standalone business unit had total revenues last year of $591.6 mil.  The most recent COJ audit report I could find (04/06) indicated that they reported $46 mil in indigent care but the City funds only $23.7 mil per their agreement.  I'm going to assume that their indigent care costs have gone up since then, so it's somewhere around 8-9% and the city is funding less than half.

As a whole, about 30% of Shands' revenue comes from Medicare and another 19% from Medicaid.

For your reading pleasure, if anyone has trouble sleeping tonight.
http://www.shands.org/about/reports/financial_reporting.pdf
http://www.coj.net/NR/rdonlyres/equmwjdxm562bfhcpoexurys2plu643pjl7upxbwxgebjzjwyvezaso734y74gjpbm63u2io6zkhat5ifen53j7vw7e/617+++++Shands+Indigent+Care.pdf