Approximately $3.6 billion since FY 2001
DANVILLE, PA -- Geisinger provided $580.2 million in community support in fiscal year 2015 in the form of free, uncompensated care to patients who could not afford to pay; the provision of care for the elderly and the poor not paid by Medicare or Medicaid; allied health medical residency and fellowship educational programs; healthcare research; community health education and outreach programs.
The $580.2 million represents 14.66 percent of Geisinger’s total operating expenses and is nearly three times what is required to meet Pennsylvania’s standards as a charitable mission. From fiscal year 2001 through fiscal year 2015, Geisinger has provided approximately $3.6 billion in community benefit.
“In addition to caring for our patients, we are also deeply committed to caring for our community,” said Geisinger President and Chief Executive Officer David T. Feinberg, M.D., MBA. “We take pride in our patient care, education, research, and community service mission, and are pleased that our efforts help to make our communities great places to live, work and have a family.”
Geisinger employs approximately 30,000 people and serves as a major driver of the economy. The Hospital and HealthSystem Association of Pennsylvania (HAP) recently reported that Geisinger has an annual positive impact of $9.9 billion on the state economy. When combined with the $635 million annual positive impact on the New Jersey economy by AtlantiCare, a member of Geisinger, Geisinger’s total economic impact in Pennsylvania and New Jersey is more than $10.5 billion. AtlantiCare is not included in the health system’s most recent community benefit calculation because it joined the health system after fiscal year 2015 ended.
“We continue to focus on doing what is right and best for our patients, employees, and community, and ensuring that compassionate and professional healthcare is available in the communities we serve,” said Geisinger Executive Vice President Lynn Miller.
Geisinger is an integrated health services organization widely recognized for its innovative use of the electronic health record and the development of innovative care delivery models such as ProvenHealth Navigator®, ProvenCare® and ProvenExperience®. As one of the nation’s largest health service organizations, Geisinger serves more than 3 million residents throughout 45 counties in central, south-central and northeast Pennsylvania, and also in southern New Jersey at AtlantiCare, a Malcolm Baldrige National Quality Award recipient. In 2017, the Geisinger Commonwealth School of Medicine and Geisinger Jersey Shore Hospital became the newest members of the Geisinger Family. The physician-led system is comprised of approximately 30,000 employees, including nearly 1,600 employed physicians, 13 hospital campuses, two research centers, and a 583,000-member health plan, all of which leverage an estimated $12.7 billion positive impact on the Pennsylvania and New Jersey economies. Geisinger has repeatedly garnered national accolades for integration, quality and service. In addition to fulfilling its patient care mission, Geisinger has a long-standing commitment to medical education, research and community service. For more information, visit www.geisinger.org, or connect with us on Facebook, Instagram, LinkedIn and Twitter.
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