Audited Financial Statement: This document is submitted annually 120 days after the end of a hospital’s fiscal year. A financial statement serves to document the financial position of a hospital. It includes but is not limited to data on business activities, revenue and expenses, and assets.
Many hospitals in Oregon belong to a Health System, which generally submit one financial statement for the health system. For ease of access, each hospital has an audited financial statement associated with its even when they share that audited financial statement with another hospital.
FR-3 Form: This document is submitted annually 120 days after the end of a hospital’s fiscal year. The FR-3 provides easy access to key data points found within the audited financial statement such as net revenue and total expense. For users who are interested in doing analysis on FR-3 data, we suggest downloading the FR-3 data set.
CBR-1 Form: This document is submitted annually 240 days after the end of a hospital’s fiscal year. The CBR-1 collects self-attested data on a hospital’s community benefit activities such and cash and in-kind donations, community health improvement, and research among others. For users who are interested in doing analysis on CBR-1 data, we suggest downloading the CBR-1 data set.
CBR-3 Form: This document is submitted 90 days before a hospital’s odd-numbered fiscal years. The CBR-3 from is used to indicate a grouping for the community benefit minimum spending floor established in HB3076 (link). Health systems can choose to group their reportable clinics and hospitals into one more group for purposes of applying a minimum spending floor. Independent hospitals also submit a CBR-3 form with their hospital and any reportable clinics.
For ease of access, each hospital has a CBR-3 form associated with it even when it is in a group with another hospital. For example, for the first minimum spending floor, all of Legacy Health System’s hospitals are in one group, but each hospital has a CBR-3 associated with its name.
Notification of Community Benefit Minimum Spending Floor Assignment: This document is published by the Oregon Health Authority 60 days before the beginning of a hospital’s fiscal year. This is a formal notification to the hospital of the minimum amount of total community benefit they must provide in each of the next two fiscal years.
Like the CBR-3, one Notification of Community Benefit Minimum Spending Floor may apply to multiple hospitals. For ease of access, each hospital has a Notification of Community Benefit Minimum Spending Floor even when it covers multiple hospitals.
Community Health Needs Assessment (CHNA): This document must be completed every three calendar years by the hospital. The Affordable Care Act legislated that a hospital must complete a Community Health Needs Assessment every three years and publish the document on their website.
Community Health Improvement Plan (CHIP): This document is the implementation strategy to target health needs identified in the CHNA. This is most often a separate document but can be includes with the CHNA.