2017 MaineHealth Annual Report
Message from the President of MaineHealth
2017 marks the 20th anniversary of the MaineHealth system. In April 1997, then-Board President Don McDowell described the role of an integrated health system as one that "seeks to bring providers together and to improve coordination for the sake of quality and patient experience." MaineHealth's foundational mission -- to provide high-quality cost-effective health care for our communities at every stage of life -- was built on collaboration, respect, innovation and an unyielding commitment to the patients and communities we serve.
While the technologies, policies and infrastructure that support health care have changed over the past 20 years -- and MaineHealth has evolved along with them -- our core values and mission remain essentially unchanged.
The stories in our Annual Report, framed by the common thread of our shared system values, convey how our integrated health system works together to deliver high-quality, innovative, patient-centered health care while improving the health of those we serve. From establishing a world-class network for cancer care, to fighting the epidemic of opioid use disorder, to partnering on innovative solutions to improve patient care, our health system is unified in our commitment to provide the very best health care to the 1.1 million people and communities we are privileged to serve today and in the decades to come.
William L. Caron Jr.
President, MaineHealth
Investing in Our Communities
In keeping with our vision and mission, the MaineHealth integrated health system works together to offer a wide range of community programs focused on disease management, prevention and population health — free of charge — and no one is ever denied care because of inability to pay.
In 2016 the MaineHealth quantifiable value of community benefits at cost amounted to $403,989,477. This number reflects all
of the programs and services our health system provides without reimbursement, including uncompensated care, professional
education and training, community health services and support, and research.
MaineHealth and Subsidiaries Consolidated Statement of Operations
Year Ended September 30, 2016 |
($ in thousands) 2016 |
|
Funds Received | ||
|
3,947,349 | |
|
(1,749,879) | |
|
(99,912) | |
|
(98,673) | |
|
1,998,885 | |
|
237,107 | |
Total Funds Received | 2,235,992 | |
Funds Expended | ||
|
1,365,254 | |
|
536,799 | |
|
237,608 | |
Total Funds Expended | 2,139,661 | |
Amounts Earned for Future Investments in Patient Care and Community Health Programs | $96,331 | |