As of the July, 2022, release via CMS


INDIANA UNIVERSITY HEALTH BEDFORD


  • CMS id: 151328
  • 2900 WEST SIXTEENTH STREET, BEDFORD IN 47421. County: LAWRENCE
  • System: INDIANA UNIVERSITY HEALTH INC
  • CBSA: Bedford, IN

The 25-bed, CAH hospital had $18,218,665 in net service to patients*, with a total profit margin of 24.97586% in fiscal year 2020, the latest year available.
It spent 3.84% of its operating expenses on uncompensated care and reported $2,681,477 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.


Details

2017 2018 2019 2020 2021
# of days in fyear 365 365 365 366 --
Ownership
nfp nfp nfp nfp --
Acute beds
Median
19
23
19
23
19
23
19
23
--
23
Total beds
Median
25
25
25
25
25
25
25
25
--
25
FTEs
Median
212.00
149.18
214.00
151.6
223.53
151.58
242.80
152.78
--
151.99

Finances As they appear in worksheet G3 of the cost reports.

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
57,039,492
19,395,819
65,250,718
19,790,685
71,851,105
20,891,573
81,225,662
20,752,910
--
22,925,976
Operating expenses
Median
51,240,945
21,082,256
55,473,174
21,740,728
59,740,636
22,449,917
63,006,997
23,028,561
--
24,906,213
Net income from service 2 patients (NS2P) ?
Median
5,798,547
-1,166,928
9,777,544
-1,178,891
12,110,469
-1,189,234
18,218,665
-1,989,193
--
-1,175,562
NS2P margin ?
Median
10.17%
-6.37
14.98%
-6.47
16.85%
-6.58
22.43%
-10.52
--%
-5.81

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for INDIANA UNIVERSITY HEALTH BEDFORD compared to all** CAH hospitals, from CMS cost reports.
Note: NS2P is considered operating margin by MACPAC. The chart below is interactive: click or touch to see more.


* 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
1,534,750
1,517,926
1,616,393
1,554,100
2,771,073
1,708,825
2,756,639
3,606,354
--
4,946,640
Total income ?
Median
7,333,297
445,049
11,393,937
379,292
14,881,542
655,032
20,975,304
1,453,054
--
3,734,026
Non-operating expenses
Median
0
56,329
0
45,230
0
61,507
0
80,747
--
39,130
Net income
Median
7,333,297
309,249
11,393,937
305,537
14,881,542
515,321.5
20,975,304
1,282,423
--
3,678,491
Net margin
Median
12.51966%
1.7%
17.03967%
1.61%
19.94252%
2.36%
24.97586%
5.41%
--%
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 INDIANA UNIVERSITY HEALTH BEDFORD compared to all** CAH hospitals, from CMS cost reports.
The chart below is interactive: click or touch to see more.


* 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


Medicare revenue

Inpatient and outpatient revenue

2017 2018 2019 2020 2021
All inpatient revenue
Median
Click here to show/hide details
5,597,303
1,512,374
5,510,899
1,478,094
5,564,070
1,365,460
7,169,225
1,289,169
--
1,354,214
All outpatient revenue
Median
Click here to show/hide details
12,823,724
4,108,627
15,622,044
4,367,646
17,611,671
4,566,928
15,435,986
4,517,324
--
4,554,272

Other payments

Item 2017 2018 2019 2020 2021
Graduate Medical Education (GME)
Median
0
--
0
--
0
--
0
--
--
--
Disproportionate-share hospital (DSH)
Median
0
--
0
--
0
--
0
--
--
--
Outlier
Median
0
4,679
0
5,256
0
5,165.5
0
6,341
--
5,998

Uncompensated care

Item 2017 2018 2019 2020 2021
Medicaid shortfall
Median
3,856,697
553,475.5
3,306,620
567,149
2,043,647
599,174.5
2,681,477
641,417
--
631,057
Charity care
Median
800,810
190,496
916,217
225,101
1,200,270
238,624
1,078,515
260,478.5
--
225,887
Uncompensated care (UCC)
Median
2,151,264
860,218.5
2,210,891
933,428
3,258,866
986,290
2,416,405
998,939
--
871,713
UCC as a %
of operating expenses
Median
4.20%
3.77
3.99%
3.82
5.46%
3.7
3.84%
3.74
--%
3.04
Total shortfall/UCC
Median
6,007,961
1,405,482
5,517,511
1,525,979
5,302,513
1,576,055
5,097,882
1,691,815
--
1,476,802

Labor costs

2017 2018 2019 2020 2021
Total salaries
Median
13,916,815
8,521,101
14,623,213
8,786,419
14,990,842
9,086,354
17,668,821
9,512,636
--
9,933,360
Salaries as a % of operating expenses
Median
27.16
42.53
26.36
42.58
25.09
42.62
28.04
42.72
--
42.27
Intern, resident salaries*
Median
0
--
0
--
0
--
0
--
--
--
Contract intern, resident salaries*
Median
0
--
0
--
0
--
0
--
--
--
Contract adjusted salaries, direct-care
Median
0
--
0
--
0
--
0
--
--
--
Contract hours, direct-care
Median
0.00
--
0.00
--
0.00
--
0.00
--
--
--
Contract wages, direct-care
Median
0.00
--
0.00
--
0.00
--
0.00
--
--
--

* in an approved program


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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

  • Medians are calculated from reports with "complete" fiscal years, or reports with fiscal years of at least 300 days and no more than 420 days.
  • In cases where there are fewer than 50 values reported, medians are not calculated. For childrens' hospitals, it's when fewer than 20 are reported.

Web app by Tim Broderick | email.