facts and figures Sylvester is Stronger than Ever
Figures from the Sylvester Comprehensive Cancer Center at the Miller School of Medicine represent a vibrant cancer center with sustained growth and prosperity. Total revenue and funding continue to rise, as indicated by fiscal year 2011 figures. Satellite facilities in Kendall and Deerfield Beach continue to expand to meet the needs of increasing patient volume throughout south Florida.
86% OF RESEARCH FUNDING USED FOR CANCER-RELATED
USES OF FUNDING—RESEARCH
Cancer-related investigator/ research program expenditures from all Sylvester members’ approximate funds available
Research resources Infrastructure
9% FINANCIAL PROFILE—HOSPITAL
PROGRAMS FY2011 5%
S O U R C E S O F R E V E N U E Net patient revenue
Other revenue (operating and non-operating) TOTAL REVENUE
U S E S O F R E V E N U E Salaries and related costs Supplies
Utilities and maintenance Purchased services
Provisions for bad debt 86% TOTAL OPERATING EXPENSE
INCOME BEFORE FINANCING COSTS, DEPRECIATION, AND SUPPORT OF ACADEMIC MISSION
27% GROWTH IN RESEARCH FUNDING OVER FIVE YEARS
$75
15 30 45 60
0 2007 2008 2009 2010 2011
65% GROWTH IN NET PATIENT REVENUE IN FIVE YEARS
180 270 $360
90 0 2007 32 2008 2009 2010 2011 THE MAGAZINE OF SYLVESTER COMPREHENSIVE CANCER CENTER
Financing costs and depreciation Support of academic mission*
FY 2011
$358,394,677 3,879,542
$362,274,219
$75,053,616 82,259,607 3,437,500 53,852,171 22,432,513
$237,035,407
$125,690,877 $11,905,400
$32,686,313
*Each year the hospital contributes a portion of its net revenues to support the academic mission (research, teaching, and clinical care) of Sylvester and the Miller School of Medicine.*
FINANCIAL PROFILE—RESEARCH
S O U R C E S O F F U N D I N G Institutional support Hospital
Miller School of Medicine State of Florida
Total institutional support Philanthropy*
Cancer-related sponsored program funding from all Sylvester members
TOTAL FUNDING
U S E S O F F U N D I N G Cancer-related investigator/research program
expenditures from all Sylvester members’ approximate funds available Research resources Infrastructure
TOTAL RESEARCH EXPENSE FY 2011
$870,000 3,433,086 10,930,136 $15,233,222
$10,873,000 49,172,662
$75,278,884 $62,604,712
6,432,786 3,380,788
$72,418,286
*With the exception of sponsored program funding in the form of grants, Sylvester relies most heavily on philanthropic support to fund cutting-edge basic and translational research. Numbers reflect philanthropic support invested in research during the fiscal year.
FINANCIAL PROFILE—SYLVESTER Total revenue—hospital
Total funding—research TOTAL REVENUE
FY 2011
$362,274,219 75,278,884
$437,553,103
Millions
Millions
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