Financial Performance - Asante

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Financial performance

Asante’s audited financial statements are made available as part of our commitment to transparency and to sharing information with the community.

Our fiscal year is October 1 through September 30. For fiscal year 2018, Asante generated $881.3 million in revenue and $848 million in operating expenses.

  • Employee salaries and benefits paid are $488.7 million annually — that’s $1.3 million each day
  • Supplies, services and professional fees paid to local vendors are $95 million annually — that’s $259,000 each day
  • Asante pays annual city and county property taxes of $489,000.

Care for the underserved

In 2018, Asante provided $81.3 million in charitable care and local community health benefits, including medical care for low income people and behavioral health services. This includes cost of charges forgone:

  • Charity care services = $8,879,000
  • Medicaid services, net of reimbursement = $56,972,000
  • Other public services = $5,274,000

See our most recent Community Benefits Report here.