Add It Up: Grady grief
July 16, 2007 at 3:52 pm by Mara Shalhoup in NewsAmount needed to perform “badly needed” improvements at Grady Memorial Hospital, according to a July 13 report: $370 million
Annual funds the report recommends the hospital will need to cover an operating deficit “that will continue to occur even after Grady is strong again simply because Grady cares for so many uninsured patients”: $50 million
Number of Georgia hospitals that treat a greater percentage of uninsured patients than Grady: 0
Average number of patients treated at Grady annually: 1 million
Percentage of Grady’s revenue that comes from patients with private insurance: 7
Annual cost to the state of Georgia for medical care for the uninsured: $1.2 billion
Percentage increase in that cost from 1998 to 2004: 67
Percentage decline in the number of insured 18-to-24-year-olds from 2000 to 2005: 11
Odds that a Georgian between the ages of 18 and 24 is uninsured: 1 in 3
Sources: Atlanta Business Chronicle, Georgia Health Policy Center, Greater Grady Task Force
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