This year Planned Parenthood revised its annual reporting method.
Planned Parenthood does not "own" any actual centers - they merely collect money and pay affiliates for services provided. This has a number of benefits, for instance distancing itself from individual clinic mistakes, but one of the problems is that they can't profit off abortion and other clinical medicaid services.
Previously affiliates had to register as medical centers independent of Planned Parenthood, and bill Medicaid separately for abortion and other clinical services. The parent organization, however, can't bill affiliates for each abortion, so it had no way to generate revenue from clinical services.
Since they only provide about 350 thousand in-patient abortions per year out of a total of 10 million services, it would seem that trying to making money off 3% of their total services isn't worthwhile.
However, abortion is by far the most expensive clinical procedure they perform, and medicaid is paying affiliate clinics over $500 million per year to provide abortion ad other clinical services.
In previous annual reports Planned Parenthood claimed about $500 million in revenue over a year, not counting medicaid revenue its affiliates earn. Notably federal funding (about 40% of their corporate revenue) cannot be used for abortion services, but state medicaid and other government insurance can, because it's not directly from the federal government to the clinic - it has to go through the state insurance programs first.
This year is the first year they are reporting all the revenue, including medicaid and other insurance revenue, on the parent organization's annual report, which is interesting for a number of issues. It suggests that they may choose to merge with their affiliates and actually take on the task of running the organization from top to bottom.
Planned Parenthood is finally calling itself the 1 billion dollar non-profit organization that it has already been for the last several years.
http://www.plannedparenthood.org/about-us/annual-report-4661.htm
At least $200 million, or 20% of the entire planned parenthood budget was spent last year to perform over 333,000 abortions. It is very likely that they receive significantly more money per abortion than I've estimated (based on current insurance industry rates) because I've only accounted for the actual procedure itself, and not all the additional services provided in addition to the abortion (if you've ever read a hospital bill for a "simple procedure" then you know what I'm talking about here). Furthermore I've calculated based on first trimester abortion costs. A second or third trimester abortion is significantly more.
Planned Parenthood now carries out 40% of all the abortions performed in the US, and is climbing. It is by far the most profitable procedure they perform in their clinics, and is their primary service (the first item listed under their services chart on their website).
I'm posting this because it seems like a lot of people buy into the propaganda that Planned Parenthood provides very few abortions, often with the claim that "Abortion accounts for only 3% of all services provided by Planned Parenthood." It is an advertising claim, and should be taken with as much validity as "4 out of 5 dentist recommend brand X". When you look at the services provided to pregnant women alone, abortion accounts for 91%.
Surprising though it may seem, I used to be on the fence about Planned Parenthood. It does a lot of good - at least half their revenue does go to education, STI/STD, and cancer screenings. But when one of the first things they tell you about abortion is "Abortions are very common. In fact, 1 out of 3 women in the U.S. have an abortion by the time they are 45 years old." abortion is on every webpage, and in lists in the first thing listed, and a quarter of their 1 billion dollars comes from abortion, I have to accept that the critics aren't wrong.
Planned parenthood profits from and pushes abortion.
This change in accounting revenue signals that the revenue push for abortion services is only going to increase.
Planned Parenthood does not "own" any actual centers - they merely collect money and pay affiliates for services provided. This has a number of benefits, for instance distancing itself from individual clinic mistakes, but one of the problems is that they can't profit off abortion and other clinical medicaid services.
Previously affiliates had to register as medical centers independent of Planned Parenthood, and bill Medicaid separately for abortion and other clinical services. The parent organization, however, can't bill affiliates for each abortion, so it had no way to generate revenue from clinical services.
Since they only provide about 350 thousand in-patient abortions per year out of a total of 10 million services, it would seem that trying to making money off 3% of their total services isn't worthwhile.
However, abortion is by far the most expensive clinical procedure they perform, and medicaid is paying affiliate clinics over $500 million per year to provide abortion ad other clinical services.
In previous annual reports Planned Parenthood claimed about $500 million in revenue over a year, not counting medicaid revenue its affiliates earn. Notably federal funding (about 40% of their corporate revenue) cannot be used for abortion services, but state medicaid and other government insurance can, because it's not directly from the federal government to the clinic - it has to go through the state insurance programs first.
This year is the first year they are reporting all the revenue, including medicaid and other insurance revenue, on the parent organization's annual report, which is interesting for a number of issues. It suggests that they may choose to merge with their affiliates and actually take on the task of running the organization from top to bottom.
Planned Parenthood is finally calling itself the 1 billion dollar non-profit organization that it has already been for the last several years.
http://www.plannedparenthood.org/about-us/annual-report-4661.htm
At least $200 million, or 20% of the entire planned parenthood budget was spent last year to perform over 333,000 abortions. It is very likely that they receive significantly more money per abortion than I've estimated (based on current insurance industry rates) because I've only accounted for the actual procedure itself, and not all the additional services provided in addition to the abortion (if you've ever read a hospital bill for a "simple procedure" then you know what I'm talking about here). Furthermore I've calculated based on first trimester abortion costs. A second or third trimester abortion is significantly more.
Planned Parenthood now carries out 40% of all the abortions performed in the US, and is climbing. It is by far the most profitable procedure they perform in their clinics, and is their primary service (the first item listed under their services chart on their website).
I'm posting this because it seems like a lot of people buy into the propaganda that Planned Parenthood provides very few abortions, often with the claim that "Abortion accounts for only 3% of all services provided by Planned Parenthood." It is an advertising claim, and should be taken with as much validity as "4 out of 5 dentist recommend brand X". When you look at the services provided to pregnant women alone, abortion accounts for 91%.
Surprising though it may seem, I used to be on the fence about Planned Parenthood. It does a lot of good - at least half their revenue does go to education, STI/STD, and cancer screenings. But when one of the first things they tell you about abortion is "Abortions are very common. In fact, 1 out of 3 women in the U.S. have an abortion by the time they are 45 years old." abortion is on every webpage, and in lists in the first thing listed, and a quarter of their 1 billion dollars comes from abortion, I have to accept that the critics aren't wrong.
Planned parenthood profits from and pushes abortion.
This change in accounting revenue signals that the revenue push for abortion services is only going to increase.
