As of the July, 2022, release via CMS

COOSA VALLEY MEDICAL CENTER

CMS id: 010164
315 WEST HICKORY STREET, SYLACAUGA AL 35150. County: TALLADEGA
System: --
CBSA: Talladega-Sylacauga, AL

The 142-bed, acute-care hospital had $-434,224 in net service to patients*, with a total profit margin of 10.72696% in fiscal year 2021, the latest year available.
It spent 5.41% of its operating expenses on uncompensated care and reported $14,178 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.

Details

	2017	2018	2019	2020	2021
# of days in fyear	365	365	365	366	365
Ownership	gov	gov	gov	gov	gov
Acute beds Median	114 118	114 118	114 119.5	114 118	114 119
Total beds Median	222 162	222 162	222 162	142 162	142 163.5
FTEs Median	481.04 788.06	512.70 793.42	533.78 806.03	472.25 787.61	385.48 804.34

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

Hospital cost reports are an enormously complicated dataset. There are whole organizations and an offical CMS vendor dedicated to helping researchers work with the data.
It's important to understand that hospital financials in cost reports are not organized in the same as other sources such as annual financial reports to bond holders.

The biggest difference is the concept of operating revenue and profit. Net Service to patients (NS2P), which is the sum of net patient revenue minus operating expenses, 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).

That would make Net Patient Revenue = operating revenue.

All this makes things challenging when comparing what's reported in cost reports to other sources. It becomes clearer when you consider that, beyond the purpose of reimbursement, cost reports are a tool for policymakers trying to understand the financial situation of a hospital doing the tasks specific to hospitals.

In other words, while a facility with a division that formulates drugs might include earnings from that as operating revenue in their corporate annual result, this is not central to the operations of a hospital caring for patients and so it is counted as "other income." (See below the financials section for more on "other income")

The healthcare consulting firm HMP, in a former partnership with Modern Healthcare, did develop a formula for estimating operating revenue closer to what one might find in other sources. We no longer use this for the following reasons:

The measure was not widely used beyond HMP and Modern Healthcare. Many hospitals had their own internal estimates of operating revenue and profit.
Because of this, there was confusion when reporting operating results for individual hospitals. There was often pushback when a facility's internal numbers did not match what Modern Healthcare was reporting.
The formula includes revenue from portions of the "other income" section, which may also include non-operating revenue. HMP themselves point out in a caveat on their site that they cannot exclude all non-operating revenue from their measure.

HMP's operating measure has proven problematic in the past for our reporting and the partnership with them ended years ago. It's best to not use a measure that we alone cannot defend.

	2017	2018	2019	2020	2021
Net patient revenue ? Median	61,772,099 150,932,746	63,072,323 158,950,878	60,879,102 168,696,998	61,179,420 163,454,693	69,927,620 186,589,412
Operating expenses Median	64,814,792 149,311,209	67,245,617 156,110,414	66,518,357 164,890,568	66,010,483 166,516,854	70,361,844 180,120,888
Net income from service 2 patients (NS2P) ? Median	-3,042,693 -964,173	-4,173,294 -643,601.5	-5,639,255 -116,254	-4,831,063 -5,025,862	-434,224 -1,284,564
NS2P margin ? Median	-4.93% -0.62	-6.62% -0.29	-9.26% 0.18	-7.90% -5.07	-0.62% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for COOSA VALLEY MEDICAL CENTER compared to all** acute-care 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 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	1,865,728 5,089,215	1,887,817 4,572,541	5,139,765 5,268,134	7,497,122 13,092,619	8,888,836 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	47,455 224,999	3,934 199,009	7,156 206,870.5	41,400 194,343	1,765 249,496
⊳ Line 7: Investments ? ⊳ Median	42,593 299,524	13,575 188,688.5	141,250 370,813	82,258 309,361.5	28,074 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	0	0	0	0	0
⊳ Line 11: Rebates and refunds of expenses	0	0	0	0	0
⊳ Line 12: Parking lot receipts	0	0	0	0	0
⊳ Line 13: Revenue from laundry and linen service	0	0	0	0	0
⊳ Line 14: Revenue from meals sold to emplyees and guests	566,093	664,395	925,434	1,011,927	931,182
⊳ Line 15: Revenue from rental of living quarters	0	0	0	0	0
⊳ Line 16: Revenue from sale of medical and surgical supplies	0	0	0	0	0
⊳ Line 17: Revenue from sale of drugs to other than patients	0	0	0	180,274	370,035
⊳ Line 18: Revenue from sale of medical records and abstracts	11,348	16,504	11,676	9,667	8,204
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	0	0	0
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	0	0	0	0	0
⊳ Line 21: Rental of vending machines	0	0	0	0	0
⊳ Line 22: Rental of hospital space	232,835	210,574	331,487	401,835	280,061
⊳ Line 23: Gov appropriations ? ⊳ Median	0 1,017,693	0 983,261.5	0 1,173,286	0 1,987,202	0 1,597,664
⊳ Sum Line 24	965,404	978,835	3,722,762	5,769,761	7,269,515
Total income ? Median	-1,176,965 6,586,430	-2,285,477 6,767,106	-499,490 8,419,950	2,666,059 8,094,175	8,454,612 15,162,888
Non-operating expenses Median	0 146,289.5	0 164,857	0 89,880.5	26,030 106,761	0 31,473.5
Net income Median	-1,176,965 6,043,842	-2,285,477 5,845,112	-499,490 7,606,259	2,640,029 7,283,041	8,454,612 14,957,241
Net margin Median	-1.84947% 4.62%	-3.51828% 4.42%	-0.75659% 5.16%	3.84415% 5.2%	10.72696% 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 COOSA VALLEY MEDICAL CENTER compared to all** acute-care hospitals, from CMS cost reports.
The chart below is interactive: click or touch to see more.

2017	2018	2019	2020	2021
3,157	3,092	3,050	3,052	2,566

Medicare revenue

Inpatient and outpatient revenue

	2017	2018	2019	2020	2021
All inpatient revenue Median Click here to show/hide details	12,778,572 23,241,334	11,110,418 23,709,545	9,975,013 24,248,380	8,772,980 22,858,541	8,799,444 23,620,613
"All inpatient revenue" is made up of any Medicare payments for routine inpatient, swingbed SNFs, TEFRA, IPF, IRF, inpatient long-term care, CAH and inpatient SNF facilities. Medians are only calculated when there are sufficient facilities reporting revenue.
⊳ Routine inpatient revenue ⊳ Median	8,077,436 21,577,146	7,093,696 22,041,594	6,467,934 22,722,063	6,224,737 21,570,441	7,229,852 22,140,684
⊳ Swingbeds ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Tax Equity and Fiscal Responsibility Act payments (TEFRA) ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Inpatient psychiatric facility (IPF) ⊳ Median	2,809,970 1,845,420	2,421,885 1,757,392	3,081,582 1,738,842	2,548,243 1,510,463	1,569,592 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	0 3,535,627	0 3,746,588	0 3,782,288	0 3,865,578	0 3,983,889
⊳ Long-term care hospital (LTCH) ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Critical-access hospitals ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Skilled-nursing facilities (SNF) ⊳ Median	1,891,166 1,203,033	1,594,837 1,215,295	425,497 1,313,657	0 1,365,298	0 1,179,746
All outpatient revenue Median Click here to show/hide details	11,918,010 11,160,864	9,612,758 11,987,345	9,155,568 12,926,866	9,649,952 11,884,480	9,455,458 13,145,163
"All outpatient revenue" is made up of any payments for routine outpatient, HHA, CMHC, rural health and other federally-qualified health clinics. Medians are only calculated when there are sufficient facilities reporting revenue.
⊳ Routine outpatient revenue ⊳ Median	11,918,010 10,918,923	9,612,758 11,706,976	9,155,568 12,615,917	9,649,952 11,458,116	9,455,458 12,776,716
⊳ Home Health agencies (HHA) ⊳ Median	0 1,282,808	0 1,407,728	0 1,341,512	0 1,407,046	0 1,476,867
⊳ Community mental health clinics (CMHC) ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Rural health clinics ⊳ Median	0 618,038	0 697,279	0 690,232	0 684,010	0 670,558
⊳ Other federally qualified health clinics ⊳ Median	0 --	0 --	0 --	0 --	0 --

Other payments

Item	2017	2018	2019	2020	2021
Graduate Medical Education (GME) Median	0 3,284,314	0 3,250,551	0 3,386,837	0 3,360,806	0 3,508,953
Disproportionate-share hospital (DSH) Median	307,726 594,888	171,977 595,761	147,259 577,894	131,166 542,168	156,866 549,667
Outlier Median	139,595 582,572	267,138 538,116	232,332 212,434	24,275 126,559	9,038 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	37,188 3,662,910	18,353 3,730,911	57,616 4,081,319	8,234 4,643,908	14,178 4,389,147
Charity care Median	2,802,138 2,654,636	962,618 2,940,659	1,989,154 3,380,215	2,466,250 3,488,738	2,123,606 3,233,405
Uncompensated care (UCC) Median	5,917,692 5,147,790	3,975,182 5,337,617	4,353,365 5,711,082	4,017,795 5,923,418	3,803,379 5,508,107
UCC as a % of operating expenses Median	9.13% 3.24	5.91% 3.12	6.54% 3.21	6.09% 3.3	5.41% 2.86
Total shortfall/UCC Median	5,954,880 9,489,989	3,993,535 9,424,297	4,410,981 10,120,158	4,026,029 11,171,337	3,817,557 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	22,484,991 52,142,039	23,586,656 54,485,252	23,517,773 57,395,589	22,478,053 58,830,919	23,597,287 61,722,907
Salaries as a % of operating expenses Median	34.69 36.68	35.08 36.56	35.36 36.37	34.05 35.93	33.54 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	1,338,991 1,449,244	717,922 1,475,986	185,328 1,563,078	146,993 1,721,954	614,009 2,991,828
Contract hours, direct-care Median	31,927.00 22,725	12,971.00 23,018.5	2,801.03 24,503.48	3,368.14 25,026.5	6,053.00 33,786
Contract wages, direct-care Median	41.94 64.67	55.35 64.53	66.16 65.06	43.64 68.97	101.44 88.94

* 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.