Baptist Memorial Health Care Corp., one of the nation's largest healthcare systems, provided $541 million worth of indigent care in its most recent fiscal year, which ended Sept. 30. That's an 11 percent increase over the $486 million of indigent care it provided in the previous fiscal year, The Commercial Appeal reports.
The top-ranking nonprofit system doesn't expect 2010 to be any better. With more job losses expected, "it'll probably be worse and with more challenges," CFO Don Pounds, told the Appeal.
To offset last year's jump in uncompensated care, the system trimmed its supply costs, which accounted for 40 percent of overall costs. It didn't lay off any employees, however.
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- read the Commercial Appeal article