Fairview Health Services

Cost of participating in government programs: fairview is committed to serving the health care needs of members of its community. to support full access to services, fairview participates in the following public health care programs: medicare, medicaid, and minnesotacare. reimbursement from these programs for services rendered, generally falls below the cost of providing the care. to compensate for the under funding by government programs, fairview makes a significant financial investment to offset these losses. while fairview is a tax-exempt entity, it does support its local communities through various taxes it pays. in 2024, fairview health services paid approximately $100 million in real estate, sales, unrelated business income and minnesota care taxes. in 2024, fairview incurred $68,527,156 of medical taxes and surcharge costs in health care services that exceeded the reimbursement received by public programs, surcharge, medical taxes and fees related to these programs and not including medicare. the following is a breakdown on costs related to the cost of participating in government programs: costs exceed medicaid reimbursement: fairview is serving thousands of low- income individuals covered by medical assistance and minnesotacare. reimbursement from these programs is less than fairview's cost of providing care to these patients. total medicaid surcharge tax costs related to hospitals, pharmacies, and surgical centers was $30,867,217. minnesotacare tax: the state of minnesota levies a 2 percent tax on certain healthcare provider revenues. money generated from this tax helps to defray the costs incurred from minnesotacare and other programs/services for uninsured individuals. in 2024, fairview paid $37,659,939 in minnesotacare taxes. taxes and fees: fairview does pay some property tax to local and state government. this helps to fund civil and educational services in the community. the real estate costs for 2024 totaled $1,500,198 and the sales and income taxes totaled $7,797,140. costs exceeding medicare reimbursement: fairview cares for thousands of individuals ages 65 and older who are covered by medicare. fairview incurred $140,280,848 of medicare reimbursement shortfalls. reimbursement from medicare is less than fairview's cost of providing care to the patient. the total cost of providing these benefits was $1,574,707,215.

The primary purpose of our educational and research programs is to benefit patients and the community at large by educating health professionals both within fairview and in the broader community, and by fostering advances in knowledge and evidence-based improvements to clinical treatments and approaches to health care delivery. the office of the chief academic officer champions the work of the research and education teams at m health fairview. the cao leverages resources across the m health fairview partnership to improve research and education in the system, creates significant milestones on our journey to becoming a learning health system, utilizes a clinical learner experience survey to continually improve the education and connection with our future healthcare workforce, and builds out research support services to support systemwide studies. research - research is an integral and critical component in providing exceptional care to patients and the community. as an academic health system, m health fairview is committed to clinical innovation. a young patient was living with a horrible disease with no previously known cure. through the care of our teams and a new kind of treatment, the patient is now doing remarkably well. while this is one patient's story, it's a "we, together" story. we, together, ran a clinical trial that helped discover the promise of this new treatment. and we, together, not only cared for this young patient but had a role in training those who did. throughout 2024, there were many more we, together stories. we, together, are making our system an easy and efficient place to