As of the July, 2022, release via CMS
The 25-bed, CAH hospital had $6,158,760 in net service to patients*, with a total profit margin of 18.86934% in fiscal year 2021, the latest year available.
It spent 1.97% of its operating expenses on uncompensated care and reported $1,326,270 in Medicaid shortfall.
* For more about Net Service to Patients and operating revenue, please the finance section below.
Note: Medians are from CAH hospitals with "complete" fiscal years. For more about how we calculated medians and cost reports in general, please click here.
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
# of days in fyear | 365 | 365 | 365 | 366 | 365 |
Ownership |
nfp | nfp | nfp | nfp | nfp |
Acute beds Median |
21 23 |
21 23 |
21 23 |
21 23 |
25 23 |
Total beds Median |
25 25 |
25 25 |
25 25 |
25 25 |
25 25 |
FTEs Median |
278.57 149.18 |
294.71 151.6 |
324.82 151.58 |
364.07 152.78 |
371.44 151.99 |
Note: Net Patient Revenue is considered operating revenue, which means Net Service to Patients is considered operating profit. Click here for more about cost report financials
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Net patient revenue ? Median |
46,627,377 19,395,819 |
45,446,847 19,790,685 |
52,278,632 20,891,573 |
49,474,100 20,752,910 |
65,271,006 22,925,976 |
Operating expenses Median |
42,384,339 21,082,256 |
44,818,714 21,740,728 |
48,986,439 22,449,917 |
50,155,856 23,028,561 |
59,112,246 24,906,213 |
Net income from service 2 patients (NS2P) ? Median |
4,243,038 -1,166,928 |
628,133 -1,178,891 |
3,292,193 -1,189,234 |
-681,756 -1,989,193 |
6,158,760 -1,175,562 |
NS2P margin ? Median |
9.10% -6.37 |
1.38% -6.47 |
6.30% -6.58 |
-1.38% -10.52 |
9.44% -5.81 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for WABASH GENERAL HOSPITAL compared to all** CAH hospitals, from CMS cost reports.* Data range does not show outliers, which fall beyond the minimum and maximum of the range.
** From cost reports with complete fiscal years. Number of CAH hospitals available to calculate medians:
2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
1,314 | 1,322 | 1,316 | 1,319 | 1,132 |
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Other income* Median Click here to show/hide details |
637,716 1,517,926 |
1,070,766 1,554,100 |
1,111,036 1,708,825 |
6,860,577 3,606,354 |
6,399,571 4,946,640 |
Total income ? Median |
4,880,754 445,049 |
1,698,899 379,292 |
4,403,229 655,032 |
6,178,821 1,453,054 |
12,558,331 3,734,026 |
Non-operating expenses Median |
-356,245 56,329 |
-745,203 45,230 |
-787,770 61,507 |
-403,743 80,747 |
-965,433 39,130 |
Net income Median |
5,236,999 309,249 |
2,444,102 305,537 |
5,190,999 515,321.5 |
6,582,564 1,282,423 |
13,523,764 3,678,491 |
Net margin Median |
11.08006% 1.7% |
5.25414% 1.61% |
9.72285% 2.36% |
11.68475% 5.41% |
18.86934% 13.38% |
* About "Other income": Other income, or line 25 in worksheet G3, is the sum of lines 6 through 24. It includes three lines that are considered non-operating revenue - contributions, investments and government appropriations. Medians are included for these three lines. It also contains items that are not central to providing healthcare, such as revenue from parking or gift shops.
"Sum Line 24" is a special case. Called "Other (specify)" in the cost reports, CMS allows for this line to be "subscripted," or divided into sublines like 002400, 002401, 002402. And hospitals do that, up to 100 lines, to detail income (and sometimes negative returns) that are otherwise not covered in the previous "other" lines. Therefore, "Sum Line 24" is the sum of all the lines 24.
Range* of total profit (loss) margins
= Total margin for WABASH GENERAL HOSPITAL compared to all** CAH hospitals, from CMS cost reports.* Data range does not show outliers, which fall beyond the minimum and maximum of the range.
** From cost reports with complete fiscal years. Number of CAH hospitals available to calculate medians:
2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
1,314 | 1,322 | 1,316 | 1,319 | 1,132 |
Inpatient and outpatient revenue
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
All inpatient revenue Median Click here to show/hide details |
6,342,388 1,512,374 |
6,056,854 1,478,094 |
5,703,838 1,365,460 |
6,189,219 1,289,169 |
6,632,535 1,354,214 |
All outpatient revenue Median Click here to show/hide details |
8,759,890 4,108,627 |
9,564,594 4,367,646 |
9,974,523 4,566,928 |
10,857,220 4,517,324 |
14,593,473 4,554,272 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Graduate Medical Education (GME) Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
Disproportionate-share hospital (DSH) Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
Outlier Median |
0 4,679 |
0 5,256 |
0 5,165.5 |
0 6,341 |
0 5,998 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Medicaid shortfall Median |
1,749,688 553,475.5 |
1,602,202 567,149 |
0 599,174.5 |
2,614,229 641,417 |
1,326,270 631,057 |
Charity care Median |
40,611 190,496 |
33,304 225,101 |
144,815 238,624 |
63,696 260,478.5 |
46,831 225,887 |
Uncompensated care (UCC) Median |
812,611 860,218.5 |
1,588,566 933,428 |
1,783,731 986,290 |
1,509,379 998,939 |
1,165,244 871,713 |
UCC as a % of operating expenses Median |
1.92% 3.77 |
3.54% 3.82 |
3.64% 3.7 |
3.01% 3.74 |
1.97% 3.04 |
Total shortfall/UCC Median |
2,562,299 1,405,482 |
3,190,768 1,525,979 |
1,783,731 1,576,055 |
4,123,608 1,691,815 |
2,491,514 1,476,802 |
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Total salaries Median |
17,668,203 8,521,101 |
19,121,635 8,786,419 |
21,891,106 9,086,354 |
22,901,577 9,512,636 |
26,043,117 9,933,360 |
Salaries as a % of operating expenses Median |
41.69 42.53 |
42.66 42.58 |
44.69 42.62 |
45.66 42.72 |
44.06 42.27 |
Intern, resident salaries* Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
Contract intern, resident salaries* Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
Contract adjusted salaries, direct-care Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
Contract hours, direct-care Median |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
Contract wages, direct-care Median |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
* in an approved program
Cost reports are self-reported by the facility, are subject to revision and should be considered preliminary.
* Net Service to patients (NS2P) equals net patient revenue minus operating expenses. NS2P is considered the equivalent of operating profit according to the Medicaid and CHIP Payment and Access Commission (MACPAC). See the last paragraph of "Primary Data Sources" on page 55 of Annual Analysis of Disproportionate Share Hospital Allotments to States (PDF).
About medians
Web app by Tim Broderick | email.