As of the July, 2022, release via CMS

ABRAZO CENTRAL CAMPUS

CMS id: 030030
2000 WEST BETHANY HOME ROAD, PHOENIX AZ 85015. County: MARICOPA
System: TENET HEALTHCARE CORPORATION
CBSA: Phoenix-Mesa-Chandler, AZ

The 177-bed, acute-care hospital had $-10,676,998 in net service to patients*, with a total profit margin of 6.50459% in fiscal year 2021, the latest year available.
It spent 3.51% of its operating expenses on uncompensated care and reported $3,692,390 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	forprofit	forprofit	forprofit	forprofit	forprofit
Acute beds Median	97 118	101 118	116 119.5	112 118	133 119
Total beds Median	141 162	145 162	160 162	156 162	177 163.5
FTEs Median	595.20 788.06	625.00 793.42	617.00 806.03	647.00 787.61	596.10 804.34

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	107,854,079 150,932,746	119,926,296 158,950,878	126,513,110 168,696,998	124,630,223 163,454,693	128,785,237 186,589,412
Operating expenses Median	129,404,494 149,311,209	133,029,572 156,110,414	124,416,350 164,890,568	138,861,329 166,516,854	139,462,235 180,120,888
Net income from service 2 patients (NS2P) ? Median	-21,550,415 -964,173	-13,103,276 -643,601.5	2,096,760 -116,254	-14,231,106 -5,025,862	-10,676,998 -1,284,564
NS2P margin ? Median	-19.98% -0.62	-10.93% -0.29	1.66% 0.18	-11.42% -5.07	-8.29% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for ABRAZO CENTRAL CAMPUS 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	1,489,159 5,089,215	357,255 4,572,541	1,117,391 5,268,134	1,018,450 13,092,619	20,379,556 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	0 199,009	0 206,870.5	0 194,343	0 249,496
⊳ Line 7: Investments ? ⊳ Median	57 299,524	5 188,688.5	-20 370,813	766 309,361.5	1,877 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	38,464	13,890	14,756	8,212	8,322
⊳ Line 11: Rebates and refunds of expenses	82,355	73,856	102,428	141,230	220,790
⊳ 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	337,431	316,371	313,115	303,853	209,372
⊳ 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	0	0
⊳ Line 18: Revenue from sale of medical records and abstracts	9,377	10,076	7,362	369	6,393
⊳ 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	22,325	17,986	18,197	21,527	574
⊳ Line 22: Rental of hospital space	0	0	0	0	0
⊳ 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	999,150	-74,929	661,553	542,493	19,932,228
Total income ? Median	-20,061,256 6,586,430	-12,746,021 6,767,106	3,214,151 8,419,950	-13,212,656 8,094,175	9,702,558 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	-20,061,256 6,043,842	-12,746,021 5,845,112	3,214,151 7,606,259	-13,212,656 7,283,041	9,702,558 14,957,241
Net margin Median	-18.34705% 4.62%	-10.59665% 4.42%	2.51833% 5.16%	-10.51556% 5.2%	6.50459% 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 ABRAZO CENTRAL CAMPUS 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	20,113,091 23,241,334	21,033,770 23,709,545	22,338,127 24,248,380	21,689,503 22,858,541	19,077,043 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	17,957,255 21,577,146	19,189,086 22,041,594	20,799,747 22,722,063	20,027,876 21,570,441	18,337,092 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	0 1,845,420	0 1,757,392	0 1,738,842	0 1,510,463	0 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	2,155,836 3,535,627	1,844,684 3,746,588	1,538,380 3,782,288	1,661,627 3,865,578	739,951 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	0 1,203,033	0 1,215,295	0 1,313,657	0 1,365,298	0 1,179,746
All outpatient revenue Median Click here to show/hide details	3,528,476 11,160,864	3,733,155 11,987,345	3,924,157 12,926,866	4,202,873 11,884,480	3,545,802 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	3,528,476 10,918,923	3,733,155 11,706,976	3,924,157 12,615,917	4,202,873 11,458,116	3,545,802 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	1,437,455 3,284,314	1,650,800 3,250,551	1,678,802 3,386,837	1,797,079 3,360,806	1,699,568 3,508,953
Disproportionate-share hospital (DSH) Median	1,045,610 594,888	984,776 595,761	946,427 577,894	618,747 542,168	904,961 549,667
Outlier Median	452,978 582,572	731,384 538,116	753,915 212,434	256,721 126,559	82,775 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	18,659,775 3,662,910	8,947,166 3,730,911	13,598,839 4,081,319	14,256,251 4,643,908	3,692,390 4,389,147
Charity care Median	3,871,868 2,654,636	4,063,250 2,940,659	4,949,675 3,380,215	5,261,494 3,488,738	3,727,525 3,233,405
Uncompensated care (UCC) Median	5,601,593 5,147,790	5,502,644 5,337,617	6,447,014 5,711,082	6,632,256 5,923,418	4,894,228 5,508,107
UCC as a % of operating expenses Median	4.33% 3.24	4.14% 3.12	5.18% 3.21	4.78% 3.3	3.51% 2.86
Total shortfall/UCC Median	24,261,368 9,489,989	14,449,810 9,424,297	20,045,853 10,120,158	20,888,507 11,171,337	8,586,618 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	48,576,631 52,142,039	52,413,136 54,485,252	54,170,658 57,395,589	56,653,390 58,830,919	55,793,897 61,722,907
Salaries as a % of operating expenses Median	37.54 36.68	39.39 36.56	43.54 36.37	40.69 35.93	40.01 35.24
Intern, resident salaries* Median	1,372,144 2,598,592	1,300,074 2,686,824	1,397,942 2,753,773	1,373,277 2,937,156	1,236,405 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	2,346,645 1,449,244	2,408,054 1,475,986	3,142,279 1,563,078	2,719,384 1,721,954	4,936,620 2,991,828
Contract hours, direct-care Median	33,218.00 22,725	35,704.00 23,018.5	46,014.00 24,503.48	39,372.00 25,026.5	59,187.00 33,786
Contract wages, direct-care Median	70.64 64.67	67.44 64.53	68.29 65.06	69.07 68.97	83.41 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.