Financials
In 2008, Geisinger's total operating revenue for its inpatient hospitals was $943 million, and its total operating expenses were $910 million. The average total margin for the Wilkes-Barre campus from 2005-2008 was -21.88%. In July, 2009, the Wilkes-Barre campus was changed to an urgent care and ambulatory surgery center.
Medicare contributed to approximately 32.7% of the hospital net patient revenue, while Medical Assistance contributed to approximately 6.6% of the hospital net patient revenue. Approximately 1.5% of inpatient care was uncompensated care.
In 2010, Geisinger ended the fiscal year with an operating income of $127.4 million (after interest expense). Revenue grew 10.7% from the prior year and Geisinger provided $274.5 million of community benefits including care provided under government programs at less than cost and other uncompensated care.
Read more about this topic: Geisinger Health System