Centracare Clinic

Filing Period

Jul 1, 2012 to Jun 30, 2013

Signed

May 1, 2014

Return Version

2012v2.1

Gross Receipts

$158,149,353

Mission

Major Activities

Activity 2

Cost of participating in governmental healthcare programs - ccc participates in a wide variety of governmental healthcare programs including: medicare, medicaid, minnesota care, minnesota general assistance and programs for military, veterans and their families. For the year ended june 30, 2013, ccc incurred costs of $43,974,217 in excess of payments received for services to patients covered under these programs and taxes and fees relating to these programs. Governmental healthcare programs provider reimbursement amounts are below the costs the provider incurs to provide these services.medicare costs in excess of payments - $29,249,637medicaid costs in excess of payments - $12,167,403surcharges, fees and minnesotacare tax - $1,639,569military costs in excess of payments - $917,608

Activity 3

Uncompensated charity care - ccc supports a wide variety of patients who express a willingness to pay but are unable to do so due to socioeconomic factors. Additionally ccc records bad debt at times when it is unable to receive payment for services provided. For the ended june 30, 2013, $2,699,482 of uncompensated care was provided. $429,891 of charity care was provided under the organizations financial assistance program. The financial assistance program provides patients willing, but unable to pay, to have patient balances otherwise due, reduced or waived. The financial assistance program ensures the patient s of the communities served by ccc have access to quality medical care services regardless of their ability to pay. Ccc provides services to all in need and at times patient account balances go unpaid, known as bad debt, these bad debt amount for the year ended june 30, 2013 totaled $2,269,591.

Filer

EIN

41-1806657