Community Benefit As Of Year-End 2007
Florida Hospital Waterman exists solely to improve and enhance the local community that we serve. Our services and outreach are available to the whole community.
The ways in which we measure the relevance of our mission and purpose are based on costs, and include:
Benefit to the underprivileged
Through the cost of providing charity care (net of indigent tax proceeds) and by supplementing the shortfall between what we receive in Medicaid reimbursements and the cost of providing such care: $ 5,309,327
Benefit to the elderly
As provided through governmental Medicare funding, by subsidizing the unreimbursed costs associated with this care: $16,819,338
Benefit to the community’s overall health & wellness
Through the cost of providing clinics and primary care services, health education and screenings, and in-kind donations: $2,886,748
Benefit to the faith-based and spiritual needs of the community
In accordance with our mission of Extending the Healing Ministry of Christ: $ 353,853
Benefit to the community by investing in capital improvement
To ensure that the facility and its technology provide the best possible care to the community: $ 11,081,201
Total 2007 Community Benefit: $ 25,369,266