Statement of Revenues and Expenses for Pocono Health System
Revenue 2013 2012
Receipts from Insurance carriers, Medicare, Medicaid and others
2013 = $271,640,383
2012 = $261,915,202
Additional revenues: endowment income, gifts, bequests, investments and other sources of income
2013 = 6,018,493
2012 = 12,374,064
Subtotal
2013 = 277,658,876
2012 = 274,289,266
Less charity care deductions
2013 = 14,397,442
2012 = 13,989,463
Total Revenue
2013 = 263,261,434
2012 = 260,299,803
Expense
Wages and benefits
2013 = 147,665,067
2012 = 141,021,603
Supplies and other expenses
2013 = 90,569,899
2012 = 89,552,624
Depreciation
2013 = 15,276,476
2012 = 14,115,673
Interest paid on loans
2013 = 5,264,930
2012 = 4,065,038
Total Operational Expenses
2013 = 258,776,372
2012 = 248,754,938
Difference between revenues and operational expenses
2013 = 4,485,062
2012 = 11,544,865
Other Income (expense)
Investment return
2013 = 3,722,497
2012 = (1,879,524)
Minority interest in gains subsidiary
2013 = (319,477)
2012 = (891,665)
Total other income (expense)
2013 = 3,403,020
2012 = (2,771,189)
Revenue over Expense
to be reinvested in Pocono Health System
2013 = $7,888,082
2012 = $8,773,676
POCONO HEALTH SYSTEM • FISCAL YEAR 2013 ANNUAL REPORT
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