Financial Performance FY08 Presented to the University of I llinois - PowerPoint PPT Presentation

Financial Performance FY08 Presented to the University of I llinois Board of Trustees September 11, 2008 1

Patient Discharges 22,000 20,487 19,407 20,000 18,476 18,116 18,025 17,936 17,811 17,089 17,293 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY 08 2

Patient Days 140,000 125,818 122,730 117,248 118,487 113,873 114,676 120,000 111,017 107,243 108,728 100,000 80,000 60,000 40,000 20,000 0 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 3

Outpatient Visits 437,493 447,079 450,000 422,096 419,582 425,245 419,514 407,487 396,039 400,000 368,927 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 4

Cash Collections (Data in Millions) $450 $428 $391 $400 $362 $350 $322 $299 $300 $268 $250 $229 $208 $197 $200 $150 $100 $50 $0 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 5

Claim on Cash Ending cash balance (Data in Millions) (FY08 includes $41.1 in bond proceeds to refinance 2007 issue) $129.9 $130 $120 $110 $100 $90 $80 $70 $59.0 $60 $50 $43.7 $36.9 $40 $25.8 $30 $23.3 $18.0 $19.2 $20 $12.6 $10 $0 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 6

7 FY08 $1.0 FY07 $3.0 FY06 $5.8 Net I ncome $10.1 FY05 (Data in Millions) FY04 $4.2 FY03 $8.2 FY02 $5.5 FY01 $2.7 $(2.3) FY00 12 10 8 6 4 2 0 -2 -4

University of I llinois Physician Group Practice (Medical Service Plan) Summary FY 2008 8

Medical Service Plan: Cash Collections FY03 – FY08 (all sites) $160,000,000 $140,000,000 $120,000,000 $100,000,000 Rockford $80,000,000 Peoria Chicago $60,000,000 $40,000,000 $20,000,000 $0 FY '03 FY '04 FY '05 FY '06 FY '07 FY '08 9

Medical Service Plan: Revenue and Expense FY03 – FY08 (all sites) $150,000,000 $140,000,000 $130,000,000 $120,000,000 $110,000,000 $100,000,000 $90,000,000 FY '03 FY '04 FY '05 FY '06 FY '07 FY '08 $95,309,393 $104,557,990 $112,993,739 $120,572,390 $131,736,987 $146,147,015 Income $95,599,473 $105,192,490 $111,435,091 $119,632,552 $130,285,433 $138,464,742 Expenses 10

Medical Service Plan: Cash Position (all sites) $35,000,000 $29,457,383 $30,000,000 $25,000,000 $17,363,797 $20,000,000 Cash $15,000,000 $10,000,000 $5,000,000 $0 FY '07 FY '08 11

Medical Service Plan: Payer Mix by Charges (all sites) $160,000,000 $140,000,000 $120,000,000 $100,000,000 Rockford $80,000,000 Peoria Chicago $60,000,000 $40,000,000 $20,000,000 $- Comm/PPO Medicare Medicaid Self-pay Other 12

Medical Service Plan Payer Mix Versus Medical Group Management Association (MGMA) 60% 50% 40% 30% 20% 10% 0% Comm/PPO Medicare Medicaid Self-pay Other MSP 42% 19% 29% 8% 2% 51% 28% 11% 6% 5% MGMA Collections $0.35 $0.24 $0.17 $0.33 $0.40 per $1 Charge 13

Sources of Revenue UIC College of Medicine vs. All Public Medical Schools Other Other 5% 9% Practice Plans 26% Practice Plans Grants and 32% Cotracts Grants and 30% Cotracts 28% Hospital Revenue 11% Endowments/Gifts Endowments/Gifts 3% 2% Hospital Revenue Tuition and Fees State/Parent 15% Tuition and Fees 3% Support 8% 16% State/Parent Support 12% All Public Medical Schools UIC College of Medicine Mean = $444.0M Total = $459.7M FY07 Data 14

Joint College of Medicine ‐ Medical Center Strategic Investments Women’s Health Robotic Surgery Neurological Surgery Cases 15

FY08 Robotic Procedures (National): General Surgery 350 300 250 # of Procedures 200 150 100 50 0 Banner E Maine Hamot Med IL Masonic Lutheran Univ of Weiss Univ of Univ of Med Center Center Gen Penn Chicago Illinois Hospitals 16

FY08 Robotic Procedures (Chicago): All Surgical Specialties 700 600 # of Procedures 500 400 300 200 100 0 IL Masonic Lutheran Gen Weiss Loyola Northwestern Rush-Presb Univ of Univ of Illinois Chicago 17