As of the July, 2022, release via CMS
EATON RAPIDS MEDICAL CENTER
- CMS id: 231324
- 1500 S MAIN ST, EATON RAPIDS MI 48827. County: EATON
- System: --
- CBSA: Lansing-East Lansing, MI
The 20-bed, CAH hospital had $-3,686,059 in net service to patients*, with a total profit margin of 6.67329% in fiscal year 2021, the latest year available.
It spent 2.03% of its operating expenses on uncompensated care and reported $171,951 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 | 365 |
| Ownership |
nfp | nfp | nfp | nfp | nfp |
| Acute beds Median |
20 23 |
20 23 |
20 23 |
20 23 |
20 23 |
| Total beds Median |
20 25 |
20 25 |
20 25 |
20 25 |
20 25 |
| FTEs Median |
175.71 149.18 |
183.35 151.6 |
212.14 151.58 |
224.22 152.78 |
220.68 151.99 |
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 |
27,427,284 19,395,819 |
30,283,803 19,790,685 |
35,280,725 20,891,573 |
31,152,567 20,752,910 |
31,079,748 22,925,976 |
| Operating expenses Median |
26,610,674 21,082,256 |
29,196,042 21,740,728 |
34,201,204 22,449,917 |
32,654,470 23,028,561 |
34,765,807 24,906,213 |
| Net income from service 2 patients (NS2P) ? Median |
816,610 -1,166,928 |
1,087,761 -1,178,891 |
1,079,521 -1,189,234 |
-1,501,903 -1,989,193 |
-3,686,059 -1,175,562 |
| NS2P margin ? Median |
2.98% -6.37 |
3.59% -6.47 |
3.06% -6.58 |
-4.82% -10.52 |
-11.86% -5.81 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for EATON RAPIDS MEDICAL CENTER 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 |
549,582 1,517,926 |
753,465 1,554,100 |
1,407,496 1,708,825 |
2,181,140 3,606,354 |
6,206,828 4,946,640 |
| Total income ? Median |
1,366,192 445,049 |
1,841,226 379,292 |
2,487,017 655,032 |
679,237 1,453,054 |
2,520,769 3,734,026 |
| Non-operating expenses Median |
52,789 56,329 |
48,294 45,230 |
55,629 61,507 |
204,731 80,747 |
32,529 39,130 |
| Net income Median |
1,313,403 309,249 |
1,792,932 305,537 |
2,431,388 515,321.5 |
474,506 1,282,423 |
2,488,240 3,678,491 |
| Net margin Median |
4.69460% 1.7% |
5.77671% 1.61% |
6.62716% 2.36% |
1.42350% 5.41% |
6.67329% 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 EATON RAPIDS MEDICAL CENTER 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 |
1,095,882 1,512,374 |
1,369,282 1,478,094 |
1,190,982 1,365,460 |
803,921 1,289,169 |
937,185 1,354,214 |
| All outpatient revenue Median Click here to show/hide details |
6,244,107 4,108,627 |
5,715,521 4,367,646 |
7,732,276 4,566,928 |
6,250,224 4,517,324 |
5,366,449 4,554,272 |
Other payments
| 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 |
Uncompensated care
| Item | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Medicaid shortfall Median |
196,259 553,475.5 |
0 567,149 |
0 599,174.5 |
101,673 641,417 |
171,951 631,057 |
| Charity care Median |
16,780 190,496 |
21,346 225,101 |
34,146 238,624 |
18,027 260,478.5 |
27,542 225,887 |
| Uncompensated care (UCC) Median |
623,799 860,218.5 |
808,644 933,428 |
976,438 986,290 |
714,370 998,939 |
706,128 871,713 |
| UCC as a % of operating expenses Median |
2.34% 3.77 |
2.77% 3.82 |
2.85% 3.7 |
2.19% 3.74 |
2.03% 3.04 |
| Total shortfall/UCC Median |
820,058 1,405,482 |
808,644 1,525,979 |
976,438 1,576,055 |
816,043 1,691,815 |
878,079 1,476,802 |
Labor costs
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Total salaries Median |
11,003,233 8,521,101 |
11,819,395 8,786,419 |
13,355,321 9,086,354 |
13,877,545 9,512,636 |
14,047,451 9,933,360 |
| Salaries as a % of operating expenses Median |
41.35 42.53 |
40.48 42.58 |
39.05 42.62 |
42.50 42.72 |
40.41 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
- 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.