Report to the Community
The people we serve are at the heart of our mission. That's because Commonwealth Health Corporation (CHC), parent company of The Medical Center at Bowling Green, Franklin and Scottsville, is a not-for-profit healthcare provider. Every year, we contribute millions to benefit the health and wellness of our communities.
As a not-for-profit healthcare system, CHC provides a benefit to the community that is greater than the taxes we would pay if we were a private, for-profit business. Whether it is cutting edge technology at The Medical Center, physician clinics in rural areas, or free medical care at Commonwealth Health Free Clinic, our commitment to our community shines through in ways that cannot be measured by dollars alone.
Read our 2011 Report to the Community, and see how The Medical Center and CHC are opening new doors to healthcare in the communities we serve.
Benefits to the Community
In the fiscal year ending March 31, 2011, CHC provided $58.4 million in total benefits to our communities. Part of that benefit is over $11.9
million in charity care for those with limited
incomes and little or no health insurance. Because Medicare and Medicaid do not
reimburse hospitals for the full cost of providing
services, CHC absorbed nearly $19.5 million in
Medicare shortfalls and more than $6.7 million in
Medicaid shortfalls.
- $11,907,036 - Charity Care
- $6,723,264 - Unpaid Cost of Medicaid
- $4,679,440 - Community Health Improvement
- $3,067,519 - Health Professionals Education
- $4,748,145 - Subsidized Health Services
- $744,655 - Cash & In-kind Contributions
- $19,497,833 - Unpaid Cost of Medicare
- $4,481,431 - Bad Debt Expense
- $2,575,109 - Community Building Activities
Although our 2011 Community Benefit Report attempts to quantify the amount we give back to the people we serve, it is about much more than numbers. The true impact of our support to the community is felt beyond our hospital campuses and clinics. It reaches into the homes and lives of those we serve.