Pathology Faculty Meeting - Financials

February 26, 2014

HHCMed

School

EVPMA & Shared

Services MHC EliminationsFY14 UMHS

Consolidated

Total Revenues $1,468.2 $705.5 $70.8 $4.3 ($178.5) $2,070.3

Operating ExpensesPayroll $736.2 $534.5 $51.6 $2.2 $0.0 1,324.5 Depreciation $122.7 $25.2 $0.1 $0.1 $0.0 148.1 Other Operating 578.6 263.1 19.8 3.0 (178.5) 686.0

Total Expenses $1,437.5 $822.8 $71.5 $5.3 ($178.5) $2,158.6

Operating Margin $30.7 ($117.3) ($0.7) ($1.0) $0.0 ($88.3)Margin % 2.1% -16.6% -1.0% 0.0% -4.3%

Non Operating ItemsInvestment Income $27.2 $39.2 $1.3 $0.3 68.0 Interest Expense - net ($22.7) ($3.5) $0.0 $0.0 (26.2) Other Non Operating 17.8 16.1 0.8 (0.1) 34.6

Pre Transfers / Support Margin $53.0 ($65.5) $1.4 ($0.8) $0.0 ($11.9)Margin % 3.6% -9.3% 2.0% 0.0% -0.6%

UMHS Support ($60.7) $59.5 ($0.8) $2.0 - Equity Transfers - Net Campus ($2.7) $2.4 ($1.1) ($1.9) (3.3)

Total Margin ($10.4) ($3.6) ($0.5) ($0.8) $0.0 ($15.3)Margin % -0.7% -0.5% -0.7% 0.0% -0.7%

Total Cash Flow Margin $112.3 $25.3 ($0.3) ($0.7) $0.0 $136.6Margin % 7.6% 3.6% -0.4% 0.0% 6.6%

UMHS Consolidated FY14 January YTD

Financials

UMHS Consolidated FY14 January MTD

Financials

HHCMed

School

EVPMA & Shared

Services MHC EliminationsFY14 UMHS

Consolidated

Total Revenues $210.6 $102.8 $11.8 $0.0 ($27.6) $297.6

Operating ExpensesPayroll $109.5 $79.0 $8.9 $0.1 $0.0 197.5 Depreciation $17.3 $3.5 $0.0 $0.0 $0.0 20.8 Other Operating 88.2 37.7 2.5 - (27.6) 100.8

Total Expenses $215.0 $120.2 $11.4 $0.1 ($27.6) $319.1

Operating Margin ($4.4) ($17.4) $0.4 ($0.1) $0.0 ($21.5)Margin % -2.1% -16.9% 3.4% 0.0% -7.2%

Non Operating ItemsInvestment Income $3.9 $5.7 $0.0 $0.0 9.6 Interest Expense - net ($3.3) ($0.4) $0.0 $0.0 (3.7) Other Non Operating (1.2) 7.4 0.8 0.0 7.0

Pre Transfers / Support Margin ($5.0) ($4.7) $1.2 ($0.1) $0.0 ($8.6)Margin % -2.4% -4.6% 9.8% 0.0% -2.9%

UMHS Support ($6.1) $6.1 $0.0 $0.0 - Equity Transfers - Net Campus ($0.2) $0.3 ($0.3) $0.0 (0.2)

Total Margin ($11.3) $1.7 $0.9 ($0.1) $0.0 ($8.8)Margin % -5.4% 1.6% 7.2% 0.0% -2.9%

Total Cash Flow Margin $6.0 $5.8 $0.9 ($0.1) $0.0 $12.6Margin % 2.9% 5.6% 7.2% 0.0% 4.2%

Pathology Fiscal Year

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

Billed Tests 3,088,017 3,236,057 -4.57%

Inpt Billed Tests 1,369,985 1,382,588 -0.91%

Outpt Billed Tests 1,718,032 1,853,469 -7.31%

Charges $351,827,283 $309,033,214 13.85%

Expense $58,535,159 $57,039,620 2.62%

FTEs 549 533 3.00%

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

Work RVUs 157,778 142,846 10.5 %

Net Pt Care Revenue $10,669,179 $10,284,338 3.7 %

Practice $9,823,071 $9,434,417 4.1 %

Component Billing $846,108 $849,921 (0.4)%

Margin Before Market Changes ($524,218) ($1,406,078) 62.7 %

Margin With Market Changes $5,152,557 $678,576 659.3 %

ACU Total Margin (in Millions) $66.9 $31.5 112.38%