As of the July, 2022, release via CMS

CPMC-R.K. DAVIES MEDICAL CENTER

CMS id: 050008
601 DUBOCE AVE, SAN FRANCISCO CA 94117. County: SAN FRANCISCO
System: SUTTER HEALTH
CBSA: San Francisco-Oakland-Berkeley, CA

The 191-bed, acute-care hospital had $59,521,194 in net service to patients*, with a total profit margin of 28.53371% in fiscal year 2021, the latest year available.
It spent 2.01% of its operating expenses on uncompensated care and reported $21,092,813 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	nfp	nfp	nfp	nfp	nfp
Acute beds Median	129 118	129 118	129 119.5	97 118	97 119
Total beds Median	223 162	223 162	223 162	191 162	191 163.5
FTEs Median	655.79 788.06	612.75 793.42	672.73 806.03	639.29 787.61	676.57 804.34

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	199,732,297 150,932,746	196,226,142 158,950,878	226,592,257 168,696,998	189,973,297 163,454,693	218,543,717 186,589,412
Operating expenses Median	87,978,449 149,311,209	101,296,321 156,110,414	160,605,650 164,890,568	156,774,884 166,516,854	159,022,523 180,120,888
Net income from service 2 patients (NS2P) ? Median	111,753,848 -964,173	94,929,821 -643,601.5	65,986,607 -116,254	33,198,413 -5,025,862	59,521,194 -1,284,564
NS2P margin ? Median	55.95% -0.62	48.38% -0.29	29.12% 0.18	17.48% -5.07	27.24% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for CPMC-R.K. DAVIES 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	6,260,143 5,089,215	3,142,865 4,572,541	3,178,721 5,268,134	8,095,116 13,092,619	3,970,329 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	494,586 224,999	303,140 199,009	464,310 206,870.5	720,845 194,343	34,329 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	0 188,688.5	9,193 370,813	0 309,361.5	225,176 375,329
⊳ 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	1,605,756	1,475,403	1,452,342	1,150,587	1,386,331
⊳ Line 13: Revenue from laundry and linen service	0	0	0	0	0
⊳ Line 14: Revenue from meals sold to emplyees and guests	502,729	353,572	25,213	20,386	18,458
⊳ 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	0	0	0	0	0
⊳ 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	2,546,319	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	1,110,753	1,010,750	1,227,663	6,203,298	2,306,035
Total income ? Median	118,013,991 6,586,430	98,072,686 6,767,106	69,165,328 8,419,950	41,293,529 8,094,175	63,491,523 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	118,013,991 6,043,842	98,072,686 5,845,112	69,165,328 7,606,259	41,293,529 7,283,041	63,491,523 14,957,241
Net margin Median	57.29045% 4.62%	49.19154% 4.42%	30.10186% 5.16%	20.84811% 5.2%	28.53371% 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 CPMC-R.K. DAVIES 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	30,760,000 23,241,334	28,778,964 23,709,545	30,544,785 24,248,380	28,757,037 22,858,541	34,835,261 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	19,340,933 21,577,146	17,601,291 22,041,594	19,954,226 22,722,063	17,428,770 21,570,441	19,893,678 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	8,068,195 3,535,627	9,696,208 3,746,588	8,886,518 3,782,288	9,027,449 3,865,578	12,479,775 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	3,350,872 1,203,033	1,481,465 1,215,295	1,704,041 1,313,657	2,300,818 1,365,298	2,461,808 1,179,746
All outpatient revenue Median Click here to show/hide details	6,097,723 11,160,864	6,582,536 11,987,345	7,705,804 12,926,866	8,014,775 11,884,480	10,028,992 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	6,097,723 10,918,923	6,582,536 11,706,976	7,705,804 12,615,917	8,014,775 11,458,116	10,028,992 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	108,975 3,284,314	97,850 3,250,551	108,762 3,386,837	93,486 3,360,806	106,603 3,508,953
Disproportionate-share hospital (DSH) Median	985,943 594,888	770,596 595,761	874,386 577,894	745,718 542,168	865,368 549,667
Outlier Median	2,681,131 582,572	2,561,852 538,116	892,706 212,434	595,529 126,559	2,682,120 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	18,782,810 3,662,910	11,824,799 3,730,911	16,960,610 4,081,319	25,554,664 4,643,908	21,092,813 4,389,147
Charity care Median	2,910,335 2,654,636	2,292,301 2,940,659	3,399,936 3,380,215	4,301,434 3,488,738	2,450,524 3,233,405
Uncompensated care (UCC) Median	3,525,140 5,147,790	3,069,980 5,337,617	4,670,327 5,711,082	5,002,031 5,923,418	3,188,493 5,508,107
UCC as a % of operating expenses Median	4.01% 3.24	3.03% 3.12	2.91% 3.21	3.19% 3.3	2.01% 2.86
Total shortfall/UCC Median	22,307,950 9,489,989	14,894,779 9,424,297	21,630,937 10,120,158	30,556,695 11,171,337	24,281,306 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	77,753,676 52,142,039	77,816,497 54,485,252	90,267,950 57,395,589	88,767,489 58,830,919	89,703,947 61,722,907
Salaries as a % of operating expenses Median	88.38 36.68	76.82 36.56	56.20 36.37	56.62 35.93	56.41 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	1,263,722 1,449,244	0 1,475,986	0 1,563,078	1,041,716 1,721,954	0 2,991,828
Contract hours, direct-care Median	15,430.42 22,725	0.00 23,018.5	0.00 24,503.48	14,272.62 25,026.5	0.00 33,786
Contract wages, direct-care Median	81.90 64.67	0.00 64.53	0.00 65.06	72.99 68.97	0.00 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.