The $611 million total in the CHS enterprise column represents nearly 18 percent of the combined operating expenses for the entire System. This amount is high by national standards.
* Medicare and Medicaid programs do not reimburse hospitals in a manner that compensates for the actual cost of treating their beneficiaries. Hospitals cannot turn these patients away or negotiate higher reimbursements. Government payers recognize this fact and expect hospitals to make up the difference through efficiencies and from other revenue sources. The financing of this unpaid government debt is considered a community benefit.
** Carolinas Medical Center operates Carolinas College of Health Sciences, Mercy School of Nursing and Cannon Research Center. It also provides fellowships and residency training for over 200 physicians in 15 medical specialties. Its physicians and staff also take a leading role in conducting hundreds of clinical studies to test new medicines and treatments in a variety of specialties such as cardiology, neurology, oncology and pediatrics. The net loss from these programs is considered a Community Benefit.
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