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The Grady Health System's Budget for 2006 Totaled $703 Million
A Grady Doctor is any physician providing patient care at Grady. These are School of Medicine faculty from either Emory or Morehouse. 607 Emory Faculty provided the clinical and administrative services of 320 FTEs. In addition, there were approximately 374 Emory residents. Because $37.7 million of expenses involving Emory is reimbursed to Grady mainly from federal and state sources, the non-reimbursed cost to Grady for all Emory physicians’ salaries and services is 3.6 percent of the hospital's entire budget. This $25.5 million covers integral, needed and requested services by Grady Health System for their operations and patient care.
Grady’s Emory School of Medicine Actual Funding = $63.2M ($63,214,510.16)
The breakdown below only covers Emory
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| Grady's Emory School of Medicine Budget |
Emory Generated
Reimbursements
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$20.1M ($20,135,334.56) to cover salaries and benefits for up to 374 residents whose annual salaries range from $41,090 to 54,330.
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All $20.1M reimbursed by federal government (CMS). |
$6.4M ($6,445,990.66) of State grants provide funds to Emory faculty for patient care and professional services, including mental health, sickle cell, and other specific programs to benefit Georgians.
$514,667 to pay residents to maintain additional uncovered services. |
All $6.4M reimbursed by State. (Total State grants to GHS in 2006 were $78,773,294). |
$9.8M ($9,764,455.81) of reimbursement for Grady expenses, which include services such as physician salaries in urgent care centers, trauma surgeons, hospitalists and enhancements.
$4.2M ($4,170,016.85) to purchase physician and other faculty services needed in hospitals like poison control, epidemiology, clinical laboratories, and medical directors. |
Partially reimbursed by State's Indigent Care Trust Fund ($2.8M) |
| $16.8M ($16,766,450) for physician salaries to cover resident supervision. |
Over half of this is reimbursed by federal and state funds ($8.4M) |
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Total Reimbursed:
$37.7M |
$1.9M ($1,873,150) to pay physician salaries in neighborhood clinics.
$3.5M ($3,544,445.28) to pay Emergency Room physician salaries. |
Grady also receives revenues from patients seen by Emory doctors in clinics and in the ER |
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There’s more. Emory also provided approximately $38 million last year through the Emory Medical Care Foundation to support salaries, and improve programs and facilities at Grady. Last year, Emory physicians also provided approximately $24.7 million of unreimbursed professional care to Grady’s uninsured patients as well as unreimbursed services to many Grady community projects.
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Grady Health System's
CY 2006 Emory School of Medicine Budget |
Federal/State Dollars
Reimbursed to Grady for Emory Activities |
| Resident Salaries |
$20.1 |
$20.1 |
Special Services (Sickle Cell, Mental Health) |
6.4 |
6.4 |
Additional Service Coverage Provided by Residents |
0.5 |
0.0 |
Physician Salaries (for areas such as Trauma Surgeons, Hospitalists, Urgent Care) |
9.8 |
2.8 |
Hospital Requests (such as Poison Control, Radiation Safety, Clinical Laboratories) |
4.2 |
0.0 |
| Resident Supervision |
16.8 |
8.4 |
| Neighborhood Clinics |
1.9 |
0.0 |
| Emergency Room |
3.5 |
0.0 |
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$63.2 |
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$37.7
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| Emory's In-Kind Contributions to
Grady: |
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| EMCF Support of Grady (Salaries, Research, Public Relations Recruitment, Library and Educational Support) |
$38.0 |
Unreimbursed Care
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24.7 |
| Research Funds in support of Patient Care |
8.0 |
State/Federal Grants for Patient Care
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72.3 |
| Total Funds to Grady Health System |
$143.0 |
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