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Financial Reporting
Shands HealthCare is a not-for-profit organization. This means that the net revenues we generate are reinvested back into our healthcare system to ultimately benefit the patients and communities we serve. An example: For the fiscal year that ended June 30, 2008, Shands provided unsponsored community benefits at costs totaling $124.7M. These include financial assistance, community health services, health professions education, research and donations. Audited Financial StatementsOur audited financial statements represent the consolidated financial results for all subsidiaries within the Shands HealthCare system. The subsidiaries include:
These reports contain valuable facts and figures about Shands HealthCare. One of Shands HealthCare's goals is to continue to strengthen the health system's financial performance to support our mission of providing quality patient care, training tomorrow's caregivers, fielding new discoveries and improving community health. While teaching hospitals and health systems around the country continue to wrestle with negative operating margins, Shands HealthCare has managed to maintain a sound financial position. Download the audited financial statements for fiscal year ending June 30, 2008 (.pdf file). |
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