A Nonprofit Organization Reinvesting in the Community
Read a letter from Tony Armada, Swedish Chief Executive
What is a community benefit? It's covering the cost of medical care for those who cannot pay. It's helping patients in financial crisis. It's providing car seats to families who need them. It's offering free health screenings at fairs. It’s partnering with other community nonprofits to meet the needs of those who are homebound or who may need personalized care due to unique cultural requirements. It's offering training and education programs to our medical staff.
Community benefits promote health. They help us fulfill our mission to be the best community partner possible and continue to be an asset to the neighborhoods we serve. Swedish is a leader in the area of charity and uncompensated care among private, non-tax-supported institutions in the community. Most of the dollars for this initiative come from Swedish's operating budget.
Through programs and donations, health education, free and discounted care, medical research and more, Swedish provided more than $175 million in community benefit in 2015, an increase of more than 30% from 2014.
- Unfunded portion of government-sponsored medical care: $93,618,365
The difference between the cost of care and what is paid for by state and federal government – does not include Medicare.
- Free and discounted medical care for patients in need: $17,308,508
Financial assistance for those who are uninsured, underinsured or otherwise unable to pay for their health care.
- Education and research programs: $44,258,924
Subsidies for medical residency programs, nursing and other education and medical research.
- Community health, grants and donations: $11,425,561
Free services such as patient education, health screenings, immunizations and support groups, as well as donations to community partners.
- Subsidized services: $8,464,502
Clinical and social services provided despite a financial loss because it meets an identified community need that is not met elsewhere in the community.