We’re Proud to be known as a Hospital our Community can count on.
Community Benefit Report Fiscal Year 2014
Saving lives, restoring health and providing jobs are just the beginning of hospitals’ contributions to
their communities. Hospitals and their employees positively affect almost every aspect of community life. That is why the N.C. Hospital Association worked with hospitals to create a fair, standard and comparable Community Benefit Report. Catawba Valley Medical Center participated on the committee that created the definitions and has compiled the following report according to the defined guidelines. The reported amounts are based on actual costs rather than charges, which vary by hospital.
Community Benefits 2014
|Estimated Costs of Treating Charity Care Patients||$4,404,397|
|Estimated Unreimbursed Costs of Treating Medicaid and Medicare Patients||$9,688,995|
|Estimated Unreimbursed Costs of Treating Patients from Other means tested Government Programs||$398,548|
|Community Health Improvement Services & Community Benefit Operations||$3,047,462|
|Cash and In-kind Contributions to Community Groups||$2,272,932|
|Community Building Activities||$192,719|
|Total Community Benefits with Settlements and Extraordinary Adjustments||$32,709,458|
Bad Debt Costs
|Estimated Costs of Treating Patients with Bad Debt||$12,485,213|