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� Proof No. 5--9-28-83—(4246) La Salle St.Press-527-3080—(Pat.No.3,136,248)
<br /> � In addition, in June 1983 the Hospital received the final payment of a bequest totaling approxi-
<br /> � mately $3,700,000, which is reflected as "Estate distributions" in the table appearing above under the
<br /> � caption "Endowments and Bequests". This bequest will be applied as directed by the Board.
<br /> Volunteer Services
<br /> The Hospital Auxiliary programs include approximately 1,100 volunteers, of which 800 are mem-
<br /> bers of the Auxiliary. The Auxiliary is involved in 21 projects of volunteer service, fund raising and
<br /> public relations.
<br /> The Auxiliary contributed over 87,000 hours of service during the year ended September 30, 1982.
<br /> Activities of the volunteers include the Hospital's coffee shop, gift shop, thrift shop, mail and flower
<br /> delivery, admitting service, community health education programs, Crippled Children's Clinic, classes
<br /> for expectant pazents, reception and escorting services, Fun Fair, shopping cart, information desk,
<br /> magazines, patient visitation, puppets, television service, Hospital Orientation Program, baby photos,
<br /> junior volunteers, maternal health care and other similar services.
<br /> During the five years ended September 30, 1982 the Auxiliary contributed approximately $465,000
<br /> to the Hospital including $104,000 toward the remodeling of the obstetrics unit and payments towazd
<br /> a $300,000 pledge for the 1981 Project. Since its inception in 1954, the Auxillary has contributed in
<br /> excess vf $2,000,000 to the Hospital.
<br />' MANAGEMENTS DISCUSSION OF HISTORICAL STATEMENTS
<br /> OF REVENUE AND EXPENSES
<br /> The Hospital has historically experienced strong and stable financial performance. Patient service
<br /> revenue and operating expenses, including interest and depreciation, both increased 29.7% from 1980
<br /> through 1982. Although discounts, allowances and uncollectible accounts increased during the same
<br /> period, the Hospital's income from operations increased 1.1%. Net income from operations during this
<br /> period, expressed as a percentage of total operating revenue, was 2.4?'o in 1980, 4.5% in 1981, and
<br /> I 2.0% in 1982. Hospital management, through direction of the Board, has continued to develop new
<br /> sources of other operating revenue which has increased 13.5% from 1980 through 1982, exclusive of
<br /> bond trustee investment income.
<br /> The Hospital has decreased the percentage of salaries and wages to total operating revenue by
<br /> � 1.6% over the three-year period ending September 30, 1982 and has reduced supplies and expenses
<br /> � by 1.5% over the same period. Outpatient revenue has grown 40.0% from 1980 through 1982. Man-
<br /> � agement has on a regular basis explored new means of enhancing this form of patent revenue and
<br /> ( intends to continue this approach in the future. Outpatient revenue has grown during the three-year
<br /> � period ending September 30, 1982 from 18.5% to 20.0% of total patient revenue. ,
<br /> Ambulatory Care visits have grown 38.6% from 1980 through 1982 and the Hospital has expanded
<br /> it facilities to accommodate and market this growing segment of healthcare. Utilization of ancillary
<br /> services by outpatients has been a part of the Hospital's strategy in light of declining inpatient
<br /> length of stay which has decreased 4.0% from 7.5 days in 1980 to 72 days in 1982. Inpatient ad-
<br /> missions during this period have decreased by 7.0%.
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