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toourstrongnancialperormance.Ourbudgetor2013anticipatesnancialperormancesimilarto2012.Thisnancialstabilityisacornerstoneoourabilitytoconcentrateonourmissionandourcommitmenttoimprovingthepatientexperienceandthequalityocare.ItsexcitingandsometimesalittlescarytocommittoatransormationaljourneybutthatswhatsrequirediConcordHospitalexpectstoremainasuccessulorganizationandcontinuetobeviewedasaleaderinourindustry.Asanintegrateddeliverysystemweredevelopinginrastructuretoenableustotakemorenancialriskorthehealthothepopulationsweserve.ConcordHospitalisworkingcloselywithGraniteHealthcareNetworktodevelopadatawarehouseandthecapabilitytousepredictiveanalytictoolstoidentiypatientsmostlikelytoneedhealthcare.Wecanthenocusonndingwaystomanagetheircaremoreefciently.WerepartneringwithElliotHospitalandparticipatingintheMedicareSharedSavingsProgramwhichprovideseconomicincentivesorustoprovideefcienthigh-qualitycare.ThroughGraniteHealthcareNetworkwerealsodevelopingasophisticatedstrategyorrisktakingwithvariousinsuranceproductsandareevenconsideringpartialownershipinaninsurancecompany.TheinrastructurewerebuildingandtheexperienceweregainingwillservetheorganizationandourpatientswellastheAordableCareActisullyimplemented.Ourorganizationisinsomewhatoauniqueposition.Ourcommitmenttothepatient-centeredmedicalhomethematurityoConcordHospitalMedicalGroupourdevelopmentotheConcordHospitalTrustoursophisticationwithinormationtechnologyourlong-standingcommitmenttoqualityourrelationshipwithbothConcordRegionalVisitingNurseAssociationandRiverbendCommunityMentalHealthourpartnershipswithotherprovidersourengagementwithGraniteHealthcareNetworkandournancialstabilitycombinetoprovideanopportunityorextraordinarysuccess.RespectullysubmittedMichaelB.GreenPresidentChieExecutiveOfcerD.ThomasAkeyMDChairBoardoTrusteesGregoryThesingMDPresidentMedicalSta4GregoryThesingMDPresidentMedicalStaD.ThomasAkeyMDChairBoardoTrusteesCONTINUEDFROMPG3