About Us  > Our Economic Impact 

Our Economic Impact

Total Team Members • 9,666

Mobile Mammography

Team Members by County of Residence

Richland – 5,236
Lexington – 3,084
Kershaw – 463
Fairfield – 109
Newberry – 120
Orangeburg – 111
Sumter – 111
Other SC Counties – 358
Non SC Counties – 72

Salaries and Benefits
$626 million

Goods and Services Purchased
$451 million

Revenue (after expenses)
$14.5 million

Charity Care Provided*
$181 million

Non-Payment for Services ("Bad Debt")**
2014 – $236 million

Community Programs and Services
2013 – $55.1 million (most recent data available)

Palmetto Health Foundation
Donations – $6.3 million
Donors – 12,945 donors

Palmetto Health generally defines uninsured care as care provided for which no payment was received from patients and/or insurers. It is a sum of the system’s “bad debt” and charity care it provides. Uninsured care excludes other unfunded costs of care, such as underpayment from Medicaid and Medicare.

*Charity Care consists of services for which Palmetto Health neither received nor expected to receive payment, because it was determined the patient was financially unable to pay a bill. The amount of charity care provided by Palmetto Health in FY2014 was more than five times greater than it was in FY2001, increasing from $33.5 million to nearly $181 million—an average annual increase of 10 percent.

**Bad Debt consists of services for which Palmetto Health expected to receive payment but did not because the patient was unable or unwilling to pay a bill. Bad debt often is generated by uninsured patients, making it reasonable to consider bad debt as one component of Palmetto Health’s total cost of providing care to such patients. The amount of bad debt written off by Palmetto Health has grown more than five times since 2001, increasing from $44.7 million in FY2001 to more than $236 million in FY2014—an average annual increase of 14 percent. A small percentage of bad debt is caused by insured patients who fail to pay their deductibles or co-payments, but the vast majority of bad debt is attributable to uninsured patients.