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Financial Fact Sheets
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Schedule H Project Benchmark Report
A Report by Ernst & Young
To better understand the diverse ways hospitals serve their communities, the American Hospital Association undertook a project to collect and analyze the community benefit information that not-for-profit hospitals filed with the Internal Revenue Service in 2009 in a form the IRS calls 'Schedule H."
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278,000 Jobs at Risk: The Negative Economic Impact of the Budget Control Act of 2011 and H.R. 3630
A Report by TrippUmbach
The health care sector represents nearly 18 percent of the United States economy and, currently, one of the few bright spots in terms of job growth. Hospitals employ more than 5.4 million people, adding 89,000 jobs just in 2011. As hospitals and hospital workers buy goods and services from other businesses, they create additional jobs and economic impact throughout the community.
As lawmakers look at ways to reduce the deficit and fund other priorities, cuts to Medicare and Medicaid are often discussed, but rarely with consideration for the broader impact that these cuts could have on the larger economy and the jobs situation in particular. To fill this gap, Tripp Umbach developed a calculator for the American Hospital Association that estimates the potential number of direct and indirect jobs lost given a set level of cuts to Medicare and Medicaid payments to hospitals.
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Uncompensated Care Fact Sheet
U.S. hospitals provided $39.3 billion in uncompensated care in 2010, according to the latest data from the AHA's Annual Survey of Hospitals. That's $200 million more than in 2009. The total includes "bad debt," services for which hospitals anticipated but did not receive payment, and charity care, services for which hospitals neither received nor expected payment because they determined, with help from the patient, the patient's inability to pay. It does not include Medicaid and Medicare underpayment. In addition to uncompensated care, hospitals provide a wide range of services and programs to meet community health needs and provide financial assistance to patients.
- The Economic Contribution of Hospitals
In 2009, America's hospitals treated 127 million people in their emergency departments, provided care for 515 million other outpatients, performed 27 million surgeries, and delivered 4 million babies. Every year, hospitals provide vital health care services like these to millions of people in thousands of communities. However, the importance of hospitals to their communities extends far beyond health care. The health care sector is an economic mainstay, providing stability and even growth during times of recession. Health care has added an average of 24,000 jobs per month over the prior 12 months. Hospital care is an important component of the health care sector. Hospitals employ more than 5.4 million people and create over 2.2 trillion dollars of economic activity.
- Underpayment by Medicare and Medicaid Fact Sheet
Underpayment by Medicare and Medicaid to U.S. hospitals reached $36.4 billion in 2009, up from $32.4 billion in 2008 and $3.8 billion in 2000. Medicare reimbursed 90 cents and Medicaid reimbursed 89 cents for every dollar hospitals spent caring for these patients. This fact sheet provides the definition of underpayment and technical information on how this figure is calculated on a cost basis for Medicare and Medicaid.