As of the July, 2022, release via CMS
The 434-bed, acute-care hospital had $86,298,981 in net service to patients*, with a total profit margin of 16.57212% in fiscal year 2021, the latest year available.
It spent 2.59% of its operating expenses on uncompensated care and reported $0 in Medicaid shortfall.
* For more about Net Service to Patients and operating revenue, please the finance section below.
Note: Medians are from acute-care 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 |
forprofit | forprofit | forprofit | forprofit | forprofit |
Acute beds Median |
266 118 |
267 118 |
289 119.5 |
289 118 |
315 119 |
Total beds Median |
380 162 |
378 162 |
402 162 |
402 162 |
434 163.5 |
FTEs Median |
1,481.33 788.06 |
1,651.42 793.42 |
1,803.07 806.03 |
1,819.85 787.61 |
1,885.55 804.34 |
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 |
328,959,745 150,932,746 |
373,552,977 158,950,878 |
432,247,183 168,696,998 |
454,475,493 163,454,693 |
532,740,224 186,589,412 |
Operating expenses Median |
304,906,257 149,311,209 |
339,997,904 156,110,414 |
376,245,176 164,890,568 |
396,551,846 166,516,854 |
446,441,243 180,120,888 |
Net income from service 2 patients (NS2P) ? Median |
24,053,488 -964,173 |
33,555,073 -643,601.5 |
56,002,007 -116,254 |
57,923,647 -5,025,862 |
86,298,981 -1,284,564 |
NS2P margin ? Median |
7.31% -0.62 |
8.98% -0.29 |
12.96% 0.18 |
12.75% -5.07 |
16.20% -0.88 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for GRANDVIEW MEDICAL CENTER compared to all** acute-care 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 acute-care hospitals available to calculate medians:
2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
3,157 | 3,092 | 3,050 | 3,052 | 2,566 |
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Other income* Median Click here to show/hide details |
4,356,576 5,089,215 |
5,303,107 4,572,541 |
5,165,390 5,268,134 |
14,953,128 13,092,619 |
2,382,153 12,369,236 |
Total income ? Median |
28,410,064 6,586,430 |
38,858,180 6,767,106 |
61,167,397 8,419,950 |
72,876,775 8,094,175 |
88,681,134 15,162,888 |
Non-operating expenses Median |
0 146,289.5 |
0 164,857 |
0 89,880.5 |
0 106,761 |
0 31,473.5 |
Net income Median |
28,410,064 6,043,842 |
38,858,180 5,845,112 |
61,167,397 7,606,259 |
72,876,775 7,283,041 |
88,681,134 14,957,241 |
Net margin Median |
8.52345% 4.62% |
10.25671% 4.42% |
13.98391% 5.16% |
15.52457% 5.2% |
16.57212% 9.25% |
* 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 GRANDVIEW MEDICAL CENTER compared to all** acute-care 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 acute-care hospitals available to calculate medians:
2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
3,157 | 3,092 | 3,050 | 3,052 | 2,566 |
Inpatient and outpatient revenue
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
All inpatient revenue Median Click here to show/hide details |
67,899,736 23,241,334 |
71,120,578 23,709,545 |
74,175,897 24,248,380 |
75,088,287 22,858,541 |
78,238,305 23,620,613 |
All outpatient revenue Median Click here to show/hide details |
21,885,424 11,160,864 |
25,481,746 11,987,345 |
31,240,749 12,926,866 |
30,214,437 11,884,480 |
32,401,548 13,145,163 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Graduate Medical Education (GME) Median |
5,135,823 3,284,314 |
5,350,882 3,250,551 |
5,730,961 3,386,837 |
5,487,924 3,360,806 |
5,661,455 3,508,953 |
Disproportionate-share hospital (DSH) Median |
739,012 594,888 |
659,231 595,761 |
664,778 577,894 |
683,735 542,168 |
823,483 549,667 |
Outlier Median |
5,702,572 582,572 |
3,596,757 538,116 |
2,512,172 212,434 |
566,139 126,559 |
551,458 139,139 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Medicaid shortfall Median |
0 3,662,910 |
0 3,730,911 |
0 4,081,319 |
0 4,643,908 |
0 4,389,147 |
Charity care Median |
5,384,784 2,654,636 |
4,668,108 2,940,659 |
4,858,786 3,380,215 |
5,091,697 3,488,738 |
8,449,712 3,233,405 |
Uncompensated care (UCC) Median |
8,681,202 5,147,790 |
8,897,503 5,337,617 |
8,658,166 5,711,082 |
9,679,783 5,923,418 |
11,557,554 5,508,107 |
UCC as a % of operating expenses Median |
2.85% 3.24 |
2.62% 3.12 |
2.30% 3.21 |
2.44% 3.3 |
2.59% 2.86 |
Total shortfall/UCC Median |
8,681,202 9,489,989 |
8,897,503 9,424,297 |
8,658,166 10,120,158 |
9,679,783 11,171,337 |
11,557,554 10,133,851 |
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Total salaries Median |
84,606,490 52,142,039 |
94,176,076 54,485,252 |
105,268,374 57,395,589 |
108,286,687 58,830,919 |
117,965,826 61,722,907 |
Salaries as a % of operating expenses Median |
27.75 36.68 |
27.70 36.56 |
27.98 36.37 |
27.31 35.93 |
26.42 35.24 |
Intern, resident salaries* Median |
0 2,598,592 |
0 2,686,824 |
0 2,753,773 |
0 2,937,156 |
0 2,909,848 |
Contract intern, resident salaries* Median |
0 1,251,927 |
0 1,186,494 |
0 1,204,885 |
0 1,279,653 |
0 1,469,317 |
Contract adjusted salaries, direct-care Median |
359,741 1,449,244 |
348,313 1,475,986 |
463,105 1,563,078 |
394,485 1,721,954 |
326,101 2,991,828 |
Contract hours, direct-care Median |
10,057.77 22,725 |
9,794.00 23,018.5 |
11,027.00 24,503.48 |
9,464.00 25,026.5 |
8,949.00 33,786 |
Contract wages, direct-care Median |
35.77 64.67 |
35.56 64.53 |
42.00 65.06 |
41.68 68.97 |
36.44 88.94 |
* 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.