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

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Financial Performance FY08

Presented to the University of I llinois Board of Trustees September 11, 2008

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Patient Discharges

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

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Patient Days

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

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Outpatient Visits

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

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Cash Collections

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

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Claim on Cash

Ending cash balance

(Data in Millions) (FY08 includes $41.1 in bond proceeds to refinance 2007 issue)

$19.2 $129.9 $12.6 $59.0 $18.0 $23.3 $25.8 $43.7 $36.9 $0 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 $110 $120 $130 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08

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Net I ncome

(Data in Millions)

$(2.3) $2.7 $5.5 $8.2 $4.2 $10.1 $5.8 $1.0 $3.0

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2 4 6 8 10 12

FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08

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University of I llinois Physician Group Practice (Medical Service Plan)

Summary FY 2008

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$0 $20,000,000 $40,000,000 $60,000,000 $80,000,000 $100,000,000 $120,000,000 $140,000,000 $160,000,000

FY '03 FY '04 FY '05 FY '06 FY '07 FY '08 Rockford Peoria Chicago

Medical Service Plan: Cash Collections FY03 – FY08 (all sites)

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$90,000,000 $100,000,000 $110,000,000 $120,000,000 $130,000,000 $140,000,000 $150,000,000

Income $95,309,393 $104,557,990 $112,993,739 $120,572,390 $131,736,987 $146,147,015 Expenses $95,599,473 $105,192,490 $111,435,091 $119,632,552 $130,285,433 $138,464,742 FY '03 FY '04 FY '05 FY '06 FY '07 FY '08

Medical Service Plan: Revenue and Expense FY03 – FY08 (all sites)

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$29,457,383 $17,363,797 $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 FY '07 FY '08 Cash

Medical Service Plan: Cash Position (all sites)

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$- $20,000,000 $40,000,000 $60,000,000 $80,000,000 $100,000,000 $120,000,000 $140,000,000 $160,000,000 Comm/PPO Medicare Medicaid Self-pay Other Rockford Peoria Chicago

Medical Service Plan: Payer Mix by Charges (all sites)

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0% 10% 20% 30% 40% 50% 60% MSP 42% 19% 29% 8% 2% MGMA 51% 28% 11% 6% 5% Comm/PPO Medicare Medicaid Self-pay Other

Medical Service Plan Payer Mix Versus Medical Group Management Association (MGMA)

Collections per $1 Charge

$0.35 $0.24 $0.17 $0.33 $0.40

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Sources of Revenue UIC College of Medicine vs. All Public Medical Schools

Practice Plans 32% Hospital Revenue 15% State/Parent Support 12% Tuition and Fees 3% Endowments/Gifts 3% Grants and Cotracts 30% Other 5% Practice Plans 26% Hospital Revenue 11% State/Parent Support 16% Tuition and Fees 8% Endowments/Gifts 2% Grants and Cotracts 28% Other 9%

All Public Medical Schools Mean = $444.0M UIC College of Medicine Total = $459.7M

FY07 Data

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Joint College of Medicine‐Medical Center Strategic Investments

Women’s Health Robotic Surgery Neurological Surgery

Cases

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FY08 Robotic Procedures (National): General Surgery

50 100 150 200 250 300 350 Banner E Maine Med Center Hamot Med Center IL Masonic Lutheran Gen Univ of Penn Weiss Univ of Chicago Univ of Illinois # of Procedures Hospitals

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FY08 Robotic Procedures (Chicago): All Surgical Specialties

100 200 300 400 500 600 700 IL Masonic Lutheran Gen Weiss Loyola Northwestern Rush-Presb Univ of Chicago Univ of Illinois # of Procedures