FY10 Financial Performance Presented to the University of Illinois - - PowerPoint PPT Presentation

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FY10 Financial Performance

Presented to the University of Illinois Board of Trustees September 23, 2010

Patient Days

117,248 118,487 125,818 124,352 111,017 115,470 107,243 122,730 108,728 113,873 114,676

20,000 40,000 60,000 80,000 100,000 120,000 140,000 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10

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Patient Discharges

17,811 18,476 18,025 18,116 17,936 20,487 19,911 18,223 17,089 19,407 17,293

5,000 10,000 15,000 20,000 25,000 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10

Outpatient Visits

407,487 447,079 448,520 442,289 437,493 425,245 422,096 419,582 396,039 419,514 368,927

50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10

Payor Mix (% of Patient Days)

HMO/PPO 28% Medicare 24% Public Aid 40% Blue Cross 0% Commercial 2% Self-Pay & Other 6%

Claim on Cash (data in millions)

Ending cash balance

$152.2 $83.5 $129.9 $19.2 $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 $140 $150 $160 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 Est

Cash Collections (data in millions)

$521 $431 $428 $229 $197 $391 $208 $299 $268 $362 $322

$0 $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 $550 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 Est

Net Income (data in millions)

$2.7 $8.2 $10.1 $7.7 $60.5 $1.0 $5.8 $4.2 $5.5 $3.0 $(2.3)

$(10) $- $10 $20 $30 $40 $50 $60 $70 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 Est

University of Illinois Physician Group Practice (Medical Service Plan)

Summary FY 2010

Illinois Medicine: Enterprise Goals

Diversity and Public Service Statewide Resource Patient Safety

Rockford Peoria Urbana Chicago

Public private research partnerships Graduate Certificates Institute on Urban Medicine National Center for Rural Health M.S. in Patient Safety Leadership

• Patient Safety Organizations
• Patient Safety, Error Science, & Full

Disclosure International Programs & Affiliations Only major public academic medical center in Illinois Educational & Clinical services reach every county in Illinois Illinois TeleHealth Initiative

FY 2010 Expenditure Portfolio

*MSP = Physician Group Practice

State GRF, $34,693,002 7% State Tuition, $38,361,360 8% Institutional (ICR), $12,089,214 3% Grants and Contracts, $141,367,459 29% MSP, $168,627,968 34% Hospital, $19,360,919 4% Self Supporting Services, $65,058,241 13% Gifts, $10,392,752 2%

Total COM Expenditures: ~$471M (medical school accounts)

GROUP PRACTICE PLAN

Revenue, Expense, and Net Income FY 2004 - FY 2010

($50,000,000.0) $0.0 $50,000,000.0 $100,000,000.0 $150,000,000.0 $200,000,000.0 2004 2005 FY 2006 FY 2007 FY2008 FY 2009 FY2010 MSP Revenue MSP Expense Self Supporting Services Revenue MSP Profit/Loss

GROUP PRACTICE PLAN

CASH RESERVES FY 2006 - FY 2010

$0 $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 $70,000,000 FY 2006 FY 2007 FY2008 FY 2009 FY2010

FY2010 GROUP PRACTICE PAYOR MIX VS NATIONAL BENCHMARKS

*MGMA = Medical Group Management Association

GROUP PRACTICE PLAN

Comm/PPO Medicare Medicaid Self Pay Other MSP 41% 20% 28% 9% 2% MGMA* 53% 29% 11% 5% 2% 0% 10% 20% 30% 40% 50% 60%

University of Illinois Medical Center Safety Report

Presented to the Hospital Committee of the Board of Trustees of the University of Illinois September 22, 2010

W.H. Chamberlin, MD

Adverse Events

• 4000 adverse events and unsafe conditions reported

in FY10. An emphasis on reporting, root cause analysis, and improving systems has resulted in the following:

– 38 Patient and Family Communication Consults – 3 clear harm errors with full disclosure – 30 Process improvements

Research-Grants and Publications

• Timothy McDonald and colleagues were awarded a $3,000,000

grant from the Agency for Healthcare Research and Quality to disseminate and evaluate the “Seven Pillars” program for responding to adverse patient incidents to nine Chicago-area hospitals including Resurrection, Vanguard, and Mount Sinai hospitals.

• David Mayer and his colleagues were awarded $100,000 from the

Anesthesia Patient Safety Foundation to disseminate the proven effective use of lipid rescue to treat local anesthetic toxicity.

• Rachel Yudkowsky and colleagues were awarded a $100,000

grant from the Agency for Healthcare Research and Quality to evaluate the impact of a virtual reality simulator on Neurosurgery resident training and in-situ performance of ventriculostomy.

Education

• A Patient Safety and Medical Liability workshop

was funded by the Agency for Healthcare Research and Quality and held in Telluride,

• Colorado. Students attended from throughout the

country and were represented by schools of Medicine, Nursing, Pharmacy, Applied Health Science, Public Health, and Law.