$1.6B in expenses

H. Lee moffitt cancer center & research institute hospital, INC. (the "hospital") is located on the campus of the university of south florida in tampa, FL. Since opening in 1986, the hospital has been guided by one mission, "to contribute to the prevention and cure of cancer." the cancer center, which includes h. Lee moffitt cancer center & research institute, INC. And its subsidiaries, is a leading national cancer institute (nci) comprehensive cancer center - one of only 49 in the nation to hold this distinction. The hospital is a top 10 cancer hospital and has been nationally ranked by u.s. News & world report since 1999. With more than 9,000 employees, the cancer center has an economic impact on florida of $2.5 billion. Research is critical to the cancer center's mission.much of our clinical trials and studies are done through collaboration between the cancer center's researchers and physicians who focus on comprehensive cancer treatment. The clinical trials and studies explore new medical discoveries or new ways to use existing treatments to improve patient care. Every participant helps take us one step closer to that next big breakthrough in cancer treatment. Reimbursement is also critical to the hospital's operations. However, the cancer center recognizes its responsibility to provide services and education to those needing specialized research capabilities. Patients who meet its medical and surgical protocols and do not have the ability to pay will be treated, if such protocols are not available in their community.it is this commitment that guides the hospital to:1) provide care for patients covered by governmental programs below cost;2) provide free charity care for those who cannot pay;3) provide oncology specialization to the state of florida through involvement in investigational protocols, education of future physicians and continuing professional education for physicians and other allied health care professionals; and4) take a leadership role in cancer prevention and screening activities.the hospital is a critical resource for the state of florida, which ranks second in the nation in both cancer incidence and mortality. The hospital is licensed for 346 beds and devotes more than 2 million square feet to research and patient care. Additionally, the cancer center provides a wide array of outreach and educational activities for the general public and select underserved populations. In fiscal year 2024, the hospital recorded 30,903 new patients, 668,385 outpatient visits and 11,553 admissions.