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2003-253P.
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2003-253P.
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Last modified
11/22/2016 12:48:05 PM
Creation date
9/30/2015 6:54:36 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
09/23/2003
Control Number
2003-253P.
Agenda Item Number
7.D.
Entity Name
Center for Emotional and Behavioral Health @ IRMH
Subject
Camp Manatee Therapeutic Summer Camp
Archived Roll/Disk#
3207
Supplemental fields
SmeadsoftID
3424
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Indian River Memorial Hospital , Inc. and Subsidiaries <br /> fNotes to Consolidated Financial Statements <br /> For the Years Ended September 30, 2002 and 2m1 <br /> IPledges . receivable at September 30, 2002 and 2001 are classified as follows. <br /> 2002 2001 <br /> Temporarily restricted $ 12258,687 $ 1 , 138, 115 <br /> 6. Charity Care and Program Reimbursement <br /> The Hospital maintains records to identify and monitor the level of charity care itprovides. <br /> Theserecords include the amount of charges foregone for services and supplies fiunished <br /> under its charity care-policy. _ <br /> Because the Hospital does not pursue collection of amounts that <br /> p p qualify as chanty care, these <br /> amounts are not included in net patient serve revenue. Charges foregone, based on <br /> established rates, due to the provision of care to charity and indigent patients amounted to <br /> approximately $9, 1383000 in 2002 (charity - $279, 000; indigent - $ 8 , 859,000) and <br /> $ 6,373 , 000 in 2001 (charity - $240,000 ; indigent - $ 6, 1332000) . This represents <br /> Iapproximately 3 % and 2% of the Hospital's gross patient charges for 2002 and 2001 , <br /> respectively. <br /> Effective October 1 , 20D0, the Hospital is reimbursed by the District for qualifying indigent <br /> care -based on a methodology of cost per day for inpatients and cost per visit for outpatients. <br /> I Between October 1 , -1998 and September 30, 2000, the Hospital wasreimbursed for indigent <br /> care at rates consistent with those paid by the Florida Medical program: Between October 1 , <br /> 1996 and September 30, 1998, the amount reimbursed_to the Hospital for indigent care <br /> t -represented a fixed dollar amount. Reimbursement for indigent care amounted to <br /> t approximately $3 , 1759000 in 2002 and $2, 120 ,000 in 2001 . _ <br /> The District reimburses the Hospital for the portion of operating expenses that are <br /> represented as a percentage of qualifying indigent care visits to total visits for certain <br /> programs . Reimbursement for these programs amounted to approximately $422,000 in 2002. <br /> i <br /> The District reimburses the Hospital for a portion of the operating expenses over revenue <br /> received for certain programs. Reimbursement for these programs amounted to <br /> approximately $ 838 ,000 in 2002 and $ 600,000 in 2001 . Amounts due from affiliated <br /> organizations represent program reimbursement from the District. <br /> 7. Fair Value of Financial Instruments <br /> The following methods and assumptions were used to estimate the fair value of each class of <br /> financial instruments for which it is practicable to estimate that value: <br /> - 16- <br />
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