Robert Carmen
 Sec/Exec VP/COO

2001 $718,092/yr
2003 $2,913,314/yr
 That's a $2,195,222/yr
INCREASE in just
TWO YEARS!
Click here for the special report on the these
so-called non profits!



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©2005
Consejo de Latinos Unidos

The Dirty Dozen - Catholic Hospital Profit Data

Press Release:

Wednesday, September 13, 2006 

THE DIRTY DOZEN, CATHOLIC HOSPITAL DATA:
 

          Cash and   Investment    Net   Over (Under)
    Date As of   Investment Securities Income   Income   Funded Pension Obligations
Ascension Health   Year ended 6/30/2005   $6,320,952,000   $222,371,000   $627,220,000   -$868,728,000
Ascension Health   Year ended 6/30/2004   $5,399,649,000   $216,403,000   $469,694,000   -$1,367,173,000
Ascension Health   Year ended 6/30/2003           $215,019,000    
                       
Catholic Health Initiatives Year ended 6/30/2005   $4,134,932,000   $246,701,000   $498,374,000   -$218,806,000
Catholic Health Initiatives Year ended 6/30/2004   $3,617,143,000   $246,633,000   $538,295,000   -$161,748,000
Catholic Health Initiatives Year ended 6/30/2003           $215,277,000    
                       
Catholic Health East   Year ended 12/31/2005   $1,272,278,000   $83,709,000   $219,245,000   -$231,850,000
Catholic Health East   Year ended 12/31/2004   $1,316,007,000   $72,608,000   $205,082,000   -$200,742,000
Catholic Health East   Year ended 12/31/2003           $115,260,000    
                       
Catholic Health Care West Year ended 6/30/2005   $3,351,142,000   $146,587,000   $348,156,000   -$510,467,000
Catholic Health Care West Year ended 6/30/2004   $3,052,176,000   $99,202,000   $248,771,000   -$385,472,000
Catholic Health Care West Year ended 6/30/2003           $70,222,000    
                       
Trinity Health   Year ended 6/30/2005   $3,601,329,000   $140,538,000   $329,462,000   -$770,116,000
Trinity Health   Year ended 6/30/2004   $3,316,733,000   $111,708,000   $240,167,000   -$753,552,000
Trinity Health   Year ended 6/30/2003           $110,921,000    
                       
Providence Health   Year ended 12/31/2005   $2,186,442,000   $84,385,000   $308,230,000   -$328,308,000
Providence Health   Year ended 12/31/2004   $1,944,555,000   $52,942,000   $238,577,000   -$248,726,000
Providence Health   Year ended 12/31/2003           $175,597,000    
                       
Catholic Healthcare Partners Year ended 12/31/2005   $1,495,986,000   $68,160,000   $154,172,000   -$48,274,000
Catholic Healthcare Partners Year ended 12/31/2004   $1,626,674,000   $79,222,000   $170,976,000   -$74,972,000
Catholic Healthcare Partners Year ended 12/31/2003           $112,261,000    
                       
SSM Health Care   Year ended 12/31/2005   $1,801,909,000   $104,600,000   $93,087,000   -$343,245,000
SSM Health Care   Year ended 12/31/2004   $1,598,528,000   $72,059,000   $130,641,000   -$244,094,000
SSM Health Care   Year ended 12/31/2003           $71,408,000    
                       
Christus Health   Year ended 6/30/2005   $1,423,249,000   $68,416,000   $135,757,000   N/A
Christus Health   Year ended 6/30/2004   $1,328,827,000   $75,666,000   $108,949,000   N/A
Christus Health   Year ended 6/30/2003           N/A    
                       
Wheaton Fransciscan Year ended 6/30/2005   $610,141,000   N/A   $167,949,000   N/A
Wheaton Fransciscan Year ended 6/30/2004   $587,823,000   N/A   $153,453,000   N/A
Wheaton Fransciscan Year ended 6/30/2003           N/A    
                       
Sisters of Charity Leavenworth Year ended 5/31/2005   $1,511,700,000   $89,700,000   $133,300,000   $22,600,000
Sisters of Charity Leavenworth Year ended 5/31/2004   $1,389,800,000   $111,700,000   $149,500,000   $19,800,000
Sisters of Charity Leavenworth Year ended 5/31/2003           $65,900,000    
                       
Marian Health   Year ended 12/31/2005   N/A   N/A   $108,115,000   N/A
Marian Health   Year ended 12/31/2004   N/A   N/A   $111,294,000   N/A
Marian Health   Year ended 12/31/2003   N/A   N/A   $68,304,000   N/A
              $2,393,310,000   $7,108,635,000    
                       
Investment income includes realized and unrealized gains and losses and interest income        
                       
"Funded Status" is the net term for pension obligations                
                       
Some systems label "net income" as "excess of revenue over expenses".  The terms are interchangeable.    

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