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Milford Regional: Increased Visits, Income

Milford Regional Medical Center had a $6.4 million profit in 2011, according to its annual report. The hospital had increased visits for day surgery, the emergency room and outpatient procedures.

Milford Regional: Increased Visits, Income

 

Editor's Note: The following statistics for the fiscal year that ended in September 2011 were contained in the Milford Regional Medical Center's 2011 to the community.

 

 

 

 

 

 

 

Revenue and Expenses                                  2010                    2011  

Total Operating Revenue:                        $230,684,796        $238,604,602

Salaries, Wages, Benefits:                           $137,122,199        $138,658,944

Supplies, Expenses:                                      $62,946,730         $62,318,557

Depreciation:                                                $10,412,922         $10,581,118

Interest:                                                       $4,531,349           $4,440,253

Bad Debt, Free Care:                                    $14,060,137         $14,456,388

Uncompensated Care Pool Assessment:         $1,962,579           $1,757,252

Total Operating Expenses:                        $231,05,916        $232,212,512

Income (Loss) from Operations:                 $(351,120)          $6,392,090

Non-Operating Revenue:                                 $1,017,150           $272,278

Total Income (operating, non-operating):     $666,030           $6,664,368

 

Service to the Community

Inpatient discharges/observation stays: 12,739 in 2010; 12,589 in 2011.

Average length of stay: 3.9 days in 2010; 3.8 days in 2011.

Day surgery visits: 4,742 in 2010; 4,938 in 2011.

Emergency room visits: 55,052 in 2010; 55,213 in 2011.

Outpatient visits: 260,332 in 2010; 264,493 in 2011.

Cardiac rehab visits: 24,648 in 2010; 23,308 in 2011.

Total volunteer hours: 35,360 in 2010; 35,041 in 2011.

Visiting Nurse Association visits: 71,611 in 2010; 66,459 in 2011.

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