Reports to the Community

Virginia Mason leads by example in safety, quality and transparency.

Virginia Mason Franciscan Health is part of CommonSpirit Health, one of the largest faith-based, nonprofit health systems in the United States. Because of this culture, we have the commitment and ability to go beyond the provision of quality health care.

Our healing ministry

Through our healing ministry, we endeavor to create healthier communities. We’re committed to reaching new milestones in clinical quality so that we can help our patients achieve their best possible health.

We help protect vulnerable and underserved populations through our health care services, open to anyone regardless of their ability to pay. We act responsibly to safeguard the environment.

For more information, review our annual reports:

Virginia Mason 2019 Annual Report

CHI Franciscan 2018 Annual Report

Nonprofit vs. profit

Unlike for-profit businesses that pay dividends to shareholders, Virginia Mason Franciscan Health reinvests its “profit” to sustain or expand programs, upgrade technology, and replace facilities as needed. Our primary shareholders are the communities we serve.

Community benefit

We provided $196 million in community benefit, a broad category of free and subsidized programs (i.e., health talks, educational programs, community-building events, charity care, etc.) that support our mission.

Charity care

We serve everyone, regardless of their ability to pay, as part of our healing ministry. We provided $25 million in charity (free and reduced-cost) care for individuals who could not afford to pay for needed medical services.

Taxes

Our organization also pays federal, state and local taxes. Being a nonprofit does not mean tax-free. Virginia Mason Franciscan Health’s tax bill totaled $128 million in fiscal year 2018.

Community benefit exceeds tax exemptions

While we receive some tax exemptions as a nonprofit organization, we always give more than we receive. The community benefit (including charity care) we provided exceeded our tax exemptions by $119 million.

Financial Highlights

As a nonprofit organization, Virginia Mason Franciscan Health must be financially strong, and a good steward of limited resources, to be a viable business and support its mission to create healthier communities. The following information is for fiscal year 2018 (July 2017–June 2018).

Net Patient Service Revenues

Community benefit (including cost of charity care)

(Programs and services fully or partially funded by Virginia Mason Franciscan Health that benefit the poor and broader community)

$ 196 Million

Charity care

(Free and reduced cost medical care provided to patients who could not afford to pay)

$ 25 Million

Uncompensated care

(Unreimbursed costs of serving patients enrolled in Medicaid and other state-subsidized programs)

$ 148 Million

Bad debt

(Cost of care absorbed by Virginia Mason Franciscan Health when patients do not pay)

$ 42 Million

We give more than we receive

Federal, State, Local Taxes Paid:

Tax Exemptions:

Community Benefit Exceeded Tax Exemptions by:

 

$ 128 Million

$ 77 Million

$ 119 Million

Statistical Highlights (July 2017–June 2018)

Taxes

Federal, State, Local Taxes Paid:

Total Tax Exemptions:

 

 

$ 128 Million

$ 77 Million

Community benefit

Community Benefit

(including cost of charity care)

Community Benefit exceeds tax exemptions by:

 

$ 196 Million

$ 25 Million

$ 119 Million