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PAY CUTS ARE AN UNNECESSARY CHOICE

Hospital Revenue, Net Income & Net Worth UP


Total Revenue in 2012: $1.827 Billion Total Revenue over the past 5 years, 2008-2012: $8.251 Billion Increase in Aggregate Net Income, 2008-2012: $271.3 Million Aggregate Net Income is profits in the non-profit world. So they increased their profits by $271 Million in four years. Increase in Net Worth 2008-2012: 42% - All information taken from Orlando Health Financial Statement

Over Half a Billion Dollars in Acquisitions & Expansions


Revenue devoted to acquisitions in 2012: $231.3 Million (Health Central $181.3 + Physician Associates at $50 Million) Revenue devoted to capital improvements & renovations in 2012-13: Estimated at $360 Million (Health Centrals ER and cancer clinic expansions, NICU expansion, Proton therapy facility, and the 11-story Patient Tower) - From local media reports

Dollars Lost to Speculation & High Executive Pay


Revenue lost on financial speculation, 2008-2012: $112 Million Revenue devoted to the 2 Presidents total compensation, 2011: $3.1 Million (Pres. Hillenmeyer at $2.2 Million, a 41% raise from 2010 and Pres. Sitarik at $.9 Million, a 29% raise from 2010) Revenue devoted to the total compensation of 24 other Vice-Presidents, Hospital Presidents, and top executives in 2011: $11.5 Million, up 24% from 2010 - Orlando Health Financial Statement & Orlando Health IRS Form 990

Revenue Orlando Health will save from pay cuts: $18 Million a year (Orlando Business Journal August 13, 2013)

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