Financials
| (in millions) | 2006 |
2007 |
% Change |
||
| Faculty Practice Plans, Clinical Income (1) | $ |
432.6 |
$ |
446.8 |
3.3% |
| Research Grants & Contracts (2) | $ |
251.0 |
$ |
266.1 |
6.0% |
| Support from Affiliated Hospitals (3) | $ |
155.2 |
$ |
203.6 |
31.2% |
| Endowment Income | $ |
47.4 |
$ |
52.2 |
10.3% |
| All Other Sources | $ |
43.1 |
$ |
47.2 |
9.5% |
| Support for Graduate Medical Education | $ |
59.1 |
$ |
66.7 |
12.7% |
| Tuition & Fees | $ |
37.2 |
$ |
42.8 |
15.0% |
| Support from Northwestern Medical Faculty Foundation (4) | $ |
33.4 |
$ |
37.2 |
11.3% |
| Expendable Gifts | $ |
24.8 |
$ |
19.3 |
-22.0% |
| Less: Consolidating Entries (5) | $ |
(77.2) |
$ |
(91.0) |
|
| Total Revenue | $ |
1,006.6 |
$ |
1,091.0 |
8.4% |
- Revenues reported by Northwestern Medical Faculty Foundation and Pediatric Faculty Foundation.
- Includes $74.5 million in extramural funding for research by Feinberg School faculty members at affiliated hospitals.
- FY06 amount restated to properly reflect the total resident and fellow stipends that were understated on the first submission of the LCME for FY06. FY07 includes contributions of $172.1 million reported by hospitals not reflected on FSM books, offset by $3.3 million in VA support to GME, $2.6 million in FSM support to GME, $5.3 million in NMFF support to GME, and $0.4 million other support to GME. These offsets are accounted for in the category ‘Support for Graduate Medical Education’.
- Reflects only contributions actually processed through Feinberg School books; excludes in-kind contributions to teaching & research.
- Includes $37.2 million in NMFF support to FSM and $53.8 million in additional NMH support to NMFF. These amounts are eliminated since they are duplicated in various revenue categories listed above.