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Annual Report and Financials

Hill Physicians reports our financial results and other achievements to our physicians, health plan partners and the public in June each year in two reports – the Annual Report and the Audited Financial Statements.

Our reports from previous years are in the Annual Report Library that follows.

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Expanding Horizons and Moving Ahead of Reform

2009 will be remembered as a remarkable year.  The economy was in steep decline and the debate about national healthcare reform was nearing its crescendo.  Many organizations struggled to adapt.  For Hill Physicians, our long-term strategies were timelier than ever, delivering strong financial results, an expanded market presence and innovations that keep us at the forefront of accountable care delivery. 

 

Highlights of 2009 Include:

  • UCSF Medical Group joined Hill Physicians, adding nearly 20,000 members to Hill early in 2010 and paves the way for further growth in San Francisco this year;
  • A partnership with Blue Shield and CHW created a “virtual ACO” that will substantially reduce costs of CalPERS enrollees; 
  • Over $32 million was paid in performance compensation to our doctors for improving efficiency and medical care; and,
  • We achieved $4.67 million in net income on $419 million in revenue.

 View our annual report and financials below:

Annual Report 2009

2009 Annual Report
File size: 1. MB
Date posted: May 13, 2009

2009 Online Annual Report Link to external website.

Financial Statements 2009

Audited 2009 Financial Statements
File size: .12 MB
Date posted: May 13, 2009

 

Annual Report Library

2008 Annual Report
File Size 5.5 MB

2007 Annual Report
File size: 1.4 MB

2006 Annual Report
File size: 2.5 MB

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