SOURCE: Riverside Medical Center
KANKAKEE, IL–(Marketwire – August 31, 2010) – Riverside Medical Center, whose mission is to meet the health and well-being needs of the communities it serves, provided more than $36.7 million in community benefit in 2009. This high quality southern Chicago suburbs healthcare provider receives no payment for a wide variety of vital programs and services devoted to individuals and families through the medical center’s service area. As one of the top hospitals in Illinois, Riverside is committed to making quality healthcare available to everyone, regardless of their economic condition.
The income, employment and insurance status of residents of Kankakee County results in the hospital caring for a large number of patients who are uninsured or underinsured, or for whom public program reimbursement is inadequate to cover costs. Of the $36.7 million of community benefit that Riverside Medical Center provided in 2009, over $18.1 million of the total covered costs was for subsidized health services. That included Medicaid services and community health centers in Kankakee, Momence and Hopkins Park. This figure also includes New Life Center, ambulance services, health screenings, physician recruitment and health care education, among other services.
As a nonprofit organization, after paying expenses, Riverside reinvests any excess revenue back in the organization to pay for capital improvements. Riverside also allocates portion of this money to services that benefit patients: free care for patients who cannot pay, subsidized care for patients whose government insurance does not cover all of Riverside’s costs, and critical medical services that operate at a financial loss but are necessary for the overall health and well-being of the community.
Riverside also acts as an economic engine for Kankakee County and the surrounding areas like southern Will County healthcare. Not only do they provide care for those who are not financially able to afford it, but they also help create more jobs and economic growth in our community. Riverside not only has a significant impact on the health and welfare of residents, but also has a large impact on the local economy, both of which are definitely for the better. If you are in need of any sort of medical services, Riverside Medical Center is here to make sure you get the best care provided anywhere.
To learn more about the quality services offered by Riverside Medical Center, visit www.RiversideMC.net or call (815) 933-1671.
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