Financial Analysis Unit
| Mills Smith Supervisor smithr@ahca.myflorida.com (850) 412-4353 |
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| Florida Statutes 408.037 | Review and analysis of Certificate of Need applications: Provides for a consistent and systematic review of construction projects and reviewable medical services by evaluating available capital resources, financial feasibility, and the impact on competition, quality of care, and cost efficiency in the health planning district. |
| Florida Statutes 408.061(1) | Data Submission: authorizes the agency to require submission of financial data and operating statistics from hospitals. The data collected is used in the financial review of CON applications and where financial information assists the Agency and the Legislature in resolving health policy issues. |
| Florida Statutes 408.061(2) | Uniform System of Financial Reporting (FHURS): Requires the agency to specify a uniform system of financial reporting for each type of health care facility, based on a uniform chart of accounts. For purposes of this section, the data includes an income statement, balance sheet, departmental revenues and expenses, deductions from revenue, uncompensated care, and demographic data. |
| Florida Statutes 408.061(4) | Actual Financial Experience: Requires each hospital to file its audited actual financial experience within 120 days after the end of each fiscal year. |
| Florida Statutes 408.062 | Research, Analysis, Studies Reports: Authorizes the agency to conduct studies relating to hospital and nursing home costs. |
| Florida Statutes 408.063 | Dissemination of Health Care Information: Requires the agency to publish and distribute information based on financial and other collected data. |
| Florida Statutes 395.701 | Public Medical Assistance Trust Fund: Provides revenue to hospitals serving a disproportionately large proportion of indigent and Medicaid patients. |
| Florida Statutes 409.9113 | Medical Education and Tertiary Care Trust Fund: Provides revenue to support the additional cost of education programs in operating a teaching hospital. Distribution of funds to teaching hospitals is based in part on data provided by the FHURS report. |
| Florida Statutes 154.301 | The Health Care Responsibility Act: Resolves inequities surrounding indigent patients who seek treatment outside the county of residence. Eligible hospitals are identified based on patient days and charity care. Two thresholds are involved in determining eligibility. Hospitals must first meet or exceed the 2 percent threshold of charity patient days to total patient days. Secondly, 2.5 percent or more of charity dollars must be spent on out of county residents. |
Financial Analysis Unit Contacts
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Area of Responsibility |
Contact |
| Program Policy Issues and Management Oversight |
Mills Smith at 850-412-4353 or |
| Economic Analysis | Felton Bradley
at 850-412-4350 or e-mail: felton.bradley@ahca.myflorida.com |
| Hospital Financial Analysis | Eric West at 850-412-4352 or vacant at 850-412-4348 or email:
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Financial Review for CON & Facility Licensure | Butch Broussard at 850-412-4349 or email: butch.broussard@ahca.myflorida.com Derron Hillman at 850-412-4351 or email: derron.hillman@ahca.myflorida.com
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The Financial Analysis Unit publishes financial data for hospitals in the state. The publications page contains information on how to obtain these publications.
