As of the July, 2022, release via CMS
The 210-bed, acute-care hospital had $-5,336,085 in net service to patients*, with a total profit margin of -0.36359% in fiscal year 2021, the latest year available.
It spent 1.42% of its operating expenses on uncompensated care and reported $20,150,307 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 |
140 118 |
140 118 |
140 119.5 |
140 118 |
140 119 |
Total beds Median |
210 162 |
210 162 |
210 162 |
210 162 |
210 163.5 |
FTEs Median |
1,021.64 788.06 |
1,023.69 793.42 |
1,023.69 806.03 |
935.39 787.61 |
832.43 804.34 |
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 |
185,131,345 150,932,746 |
203,722,500 158,950,878 |
198,787,742 168,696,998 |
185,669,799 163,454,693 |
285,647,016 186,589,412 |
Operating expenses Median |
278,363,730 149,311,209 |
294,778,431 156,110,414 |
295,245,375 164,890,568 |
286,136,118 166,516,854 |
290,983,101 180,120,888 |
Net income from service 2 patients (NS2P) ? Median |
-93,232,385 -964,173 |
-91,055,931 -643,601.5 |
-96,457,633 -116,254 |
-100,466,319 -5,025,862 |
-5,336,085 -1,284,564 |
NS2P margin ? Median |
-50.36% -0.62 |
-44.70% -0.29 |
-48.52% 0.18 |
-54.11% -5.07 |
-1.87% -0.88 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for GARFIELD 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 |
99,329,190 5,089,215 |
103,238,113 4,572,541 |
107,194,881 5,268,134 |
110,658,024 13,092,619 |
4,281,920 12,369,236 |
Total income ? Median |
6,096,805 6,586,430 |
12,182,182 6,767,106 |
10,737,248 8,419,950 |
10,191,705 8,094,175 |
-1,054,165 15,162,888 |
Non-operating expenses Median |
0 146,289.5 |
27 164,857 |
105 89,880.5 |
79,279 106,761 |
0 31,473.5 |
Net income Median |
6,096,805 6,043,842 |
12,182,155 5,845,112 |
10,737,143 7,606,259 |
10,112,426 7,283,041 |
-1,054,165 14,957,241 |
Net margin Median |
2.14329% 4.62% |
3.96864% 4.42% |
3.50907% 5.16% |
3.41258% 5.2% |
-0.36359% 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 GARFIELD 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 |
46,693,613 23,241,334 |
45,843,789 23,709,545 |
44,051,487 24,248,380 |
38,318,454 22,858,541 |
35,212,100 23,620,613 |
All outpatient revenue Median Click here to show/hide details |
7,608,526 11,160,864 |
7,775,588 11,987,345 |
6,765,624 12,926,866 |
5,674,234 11,884,480 |
4,536,808 13,145,163 |
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 |
4,542,888 594,888 |
4,177,012 595,761 |
3,813,474 577,894 |
3,453,956 542,168 |
3,197,146 549,667 |
Outlier Median |
3,042,058 582,572 |
2,149,501 538,116 |
2,409,227 212,434 |
210,063 126,559 |
328,917 139,139 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Medicaid shortfall Median |
0 3,662,910 |
10,189,928 3,730,911 |
12,975,449 4,081,319 |
0 4,643,908 |
20,150,307 4,389,147 |
Charity care Median |
417,910 2,654,636 |
2,483,186 2,940,659 |
3,693,220 3,380,215 |
3,033,430 3,488,738 |
2,965,226 3,233,405 |
Uncompensated care (UCC) Median |
1,433,295 5,147,790 |
3,730,088 5,337,617 |
5,260,949 5,711,082 |
4,233,114 5,923,418 |
4,136,217 5,508,107 |
UCC as a % of operating expenses Median |
0.51% 3.24 |
1.27% 3.12 |
1.78% 3.21 |
1.48% 3.3 |
1.42% 2.86 |
Total shortfall/UCC Median |
1,433,295 9,489,989 |
13,920,016 9,424,297 |
18,236,398 10,120,158 |
4,233,114 11,171,337 |
24,286,524 10,133,851 |
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Total salaries Median |
87,042,025 52,142,039 |
88,404,881 54,485,252 |
88,000,524 57,395,589 |
82,104,585 58,830,919 |
80,432,240 61,722,907 |
Salaries as a % of operating expenses Median |
31.27 36.68 |
29.99 36.56 |
29.81 36.37 |
28.69 35.93 |
27.64 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 |
2,445,389 1,449,244 |
2,187,534 1,475,986 |
2,711,202 1,563,078 |
0 1,721,954 |
1,019,612 2,991,828 |
Contract hours, direct-care Median |
70,597.00 22,725 |
54,173.00 23,018.5 |
62,846.00 24,503.48 |
0.00 25,026.5 |
15,574.95 33,786 |
Contract wages, direct-care Median |
34.64 64.67 |
40.38 64.53 |
43.14 65.06 |
0.00 68.97 |
65.46 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.