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The following chart prepared by the ad hoc committee
represents its calculations for 1998:
Operating Expenses Amount
Total expenses $16,986,770
Interest expense (4,704,320)
Depreciation and amortization (2,338,558)
Issue cost (107,134)
Noncontract patient expense (1,515,667)
Total operating expenses 8,321,091
Allocable Medical Expenses Amount
SNF operating expenses $3,330,031
ALU and SCU operating expenses 1,780,639
Emergency pull-cord system 88,257
Utilities adjustment 103,641
SNF noncontract patient fees (1,301,382)
SNF depreciation and amortization (166,303)
ALU noncontract patient fees (104,083)
SCU noncontract patient fees (110,202)
ALU and SCU depreciation and amortization (161,071)
Allocable medical expenses 3,459,527
The operating expenses figures used by the committee were taken
from the 1998 financial document that should have been included
in the Health Facility Information report, not from the figures
actually contained in the report. Dividing medical expenses by
total operating expenses, the committee calculated that the
allocation percentage for 1998 was 41.6 percent.11
In a memorandum dated March 15, 2000, the resident council
reported to AFVW residents a summary of the ad hoc committee’s
findings. Attached to the memorandum was a chart showing that
113,459,527 � 8,321,091 = .416 or 41.6 percent.
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