As of the July, 2022, release via CMS

PROVIDENCE ST JOHNS HEALTH CENTER

CMS id: 050290
2121 SANTA MONICA BLVD, SANTA MONICA CA 90404. County: LOS ANGELES
System: JAMES M. MARTIN GVP CONTROLLER
CBSA: Los Angeles-Long Beach-Anaheim, CA

The 266-bed, acute-care hospital had $-155,435,711 in net service to patients*, with a total profit margin of -22.74017% in fiscal year 2021, the latest year available.
It spent 0.80% of its operating expenses on uncompensated care and reported $31,025,957 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	225 118	225 118	201 119.5	213 118	225 119
Total beds Median	266 162	266 162	236 162	254 162	266 163.5
FTEs Median	1,156.68 788.06	1,098.23 793.42	1,132.00 806.03	1,275.96 787.61	1,308.04 804.34

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	330,064,253 150,932,746	342,899,916 158,950,878	379,886,564 168,696,998	355,596,669 163,454,693	400,996,368 186,589,412
Operating expenses Median	422,719,676 149,311,209	441,687,509 156,110,414	481,838,048 164,890,568	503,347,122 166,516,854	556,432,079 180,120,888
Net income from service 2 patients (NS2P) ? Median	-92,655,423 -964,173	-98,787,593 -643,601.5	-101,951,484 -116,254	-147,750,453 -5,025,862	-155,435,711 -1,284,564
NS2P margin ? Median	-28.07% -0.62	-28.81% -0.29	-26.84% 0.18	-41.55% -5.07	-38.76% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for PROVIDENCE ST JOHNS HEALTH 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	27,014,916 5,089,215	30,012,312 4,572,541	52,651,836 5,268,134	72,345,228 13,092,619	52,489,714 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	21,187,939 224,999	25,182,702 199,009	45,662,805 206,870.5	40,157,111 194,343	45,269,709 249,496
⊳ Line 7: Investments ? ⊳ Median	475,848 299,524	339,549 188,688.5	305,730 370,813	186,718 309,361.5	2,222,855 375,329
⊳ 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	0	0	0	0	0
⊳ 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	9,447	16,785	13,418
⊳ 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	1,355,991	1,440,365	1,356,950	1,359,640	1,362,424
⊳ 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	3,995,138	3,049,696	5,316,904	30,624,974	3,621,308
Total income ? Median	-65,640,507 6,586,430	-68,775,281 6,767,106	-49,299,648 8,419,950	-75,405,225 8,094,175	-102,945,997 15,162,888
Non-operating expenses Median	61,494 146,289.5	-776,685 164,857	-607,393 89,880.5	137,657 106,761	177,509 31,473.5
Net income Median	-65,702,001 6,043,842	-67,998,596 5,845,112	-48,692,255 7,606,259	-75,542,882 7,283,041	-103,123,506 14,957,241
Net margin Median	-18.39984% 4.62%	-18.23448% 4.42%	-11.25733% 5.16%	-17.65260% 5.2%	-22.74017% 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 PROVIDENCE ST JOHNS HEALTH 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	84,590,105 23,241,334	82,686,312 23,709,545	86,831,223 24,248,380	75,345,735 22,858,541	87,537,583 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	84,590,105 21,577,146	82,686,312 22,041,594	86,831,223 22,722,063	75,345,735 21,570,441	87,537,583 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	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	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	28,126,299 11,160,864	35,108,161 11,987,345	36,633,076 12,926,866	37,770,915 11,884,480	40,084,453 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	28,126,299 10,918,923	35,108,161 11,706,976	36,633,076 12,615,917	37,770,915 11,458,116	40,084,453 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	788,498 594,888	935,248 595,761	1,135,922 577,894	1,058,987 542,168	1,733,434 549,667
Outlier Median	9,484,270 582,572	5,949,207 538,116	340,655 212,434	419,636 126,559	400,921 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	18,231,148 3,662,910	27,749,505 3,730,911	26,268,980 4,081,319	36,093,316 4,643,908	31,025,957 4,389,147
Charity care Median	3,370,440 2,654,636	3,398,792 2,940,659	3,753,283 3,380,215	3,089,658 3,488,738	2,455,026 3,233,405
Uncompensated care (UCC) Median	4,406,699 5,147,790	4,361,826 5,337,617	5,175,090 5,711,082	5,126,677 5,923,418	4,426,598 5,508,107
UCC as a % of operating expenses Median	1.04% 3.24	0.99% 3.12	1.07% 3.21	1.02% 3.3	0.80% 2.86
Total shortfall/UCC Median	22,637,847 9,489,989	32,111,331 9,424,297	31,444,070 10,120,158	41,219,993 11,171,337	35,452,555 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	129,878,519 52,142,039	127,754,720 54,485,252	132,246,737 57,395,589	135,970,929 58,830,919	146,385,630 61,722,907
Salaries as a % of operating expenses Median	43.46 36.68	39.55 36.56	37.28 36.37	37.18 35.93	37.44 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	9,634,464 1,449,244	11,040,410 1,475,986	18,253,431 1,563,078	16,832,770 1,721,954	26,810,299 2,991,828
Contract hours, direct-care Median	110,586.00 22,725	131,949.00 23,018.5	208,374.00 24,503.48	178,754.00 25,026.5	218,690.00 33,786
Contract wages, direct-care Median	87.12 64.67	83.67 64.53	87.60 65.06	94.17 68.97	122.59 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.