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About Us: Bondholder and General Financial Information
Bondholder and General Financial Information
Stanford Health Care (the "Corporation") is a principal teaching affiliate of the Stanford University School of Medicine (the "School of Medicine") and provides primary and specialty health services to adults, including cardiac care, cancer treatment, solid organ transplantation services, orthopedics and neurosciences services. The Corporation, together with Lucile Salter Packard Children's Hospital at Stanford, operates the clinical settings through which the School of Medicine educates medical and graduate students, trains residents and clinical fellows, supports faculty and community clinicians and conducts medical and biological sciences research.
The principal clinical facilities of the Corporation are the Stanford Hospital, a 613-licensed bed tertiary, quaternary and specialty hospital (the "Hospital"), and the primary, specialty and sub-specialty clinics (the "Clinics" and, together with the Hospital, the "Hospital and Clinics") in which the medical faculty of the School of Medicine provide clinical services. The Hospital and a majority of the Clinics are located on the campus of Stanford University adjacent to the School of Medicine in Palo Alto, California. Other Clinics are located elsewhere on-campus and off-campus in neighboring communities. During the fiscal year ended August 31, 2016, the Corporation treated more than 71,500 patients in its emergency room, admitted more than 25,750 inpatients and recorded more than 800,000 outpatient transactions. From these patient care activities, the Corporation reported total revenues of $4.1 billion and income from operations of $148 million for the fiscal year ended August 31, 2016. At August 31, 2016, the Corporation's total assets were approximately $5.8 billion, total liabilities were approximately $2.7 billion and net assets were approximately $3.1 billion.
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