As of the July, 2022, release via CMS

DANBURY HOSPITAL

CMS id: 070033
24 HOSPITAL AVE, DANBURY CT 6810. County: FAIRFIELD
System: WESTERN CONNECTICUT HEALTH NETWORK
CBSA: Bridgeport-Stamford-Norwalk, CT

The 368-bed, acute-care hospital had $16,482,698 in net service to patients*, with a total profit margin of 10.25742% in fiscal year 2021, the latest year available.
It spent 2.07% of its operating expenses on uncompensated care and reported $38,848,130 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	313 118	319 118	313 119.5	310 118	293 119
Total beds Median	388 162	394 162	388 162	385 162	368 163.5
FTEs Median	2,603.54 788.06	2,569.24 793.42	2,593.41 806.03	2,275.93 787.61	2,178.87 804.34

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	606,759,302 150,932,746	618,353,000 158,950,878	652,367,480 168,696,998	599,926,000 163,454,693	702,293,574 186,589,412
Operating expenses Median	617,030,855 149,311,209	638,618,918 156,110,414	646,043,533 164,890,568	666,296,311 166,516,854	685,810,876 180,120,888
Net income from service 2 patients (NS2P) ? Median	-10,271,553 -964,173	-20,265,918 -643,601.5	6,323,947 -116,254	-66,370,311 -5,025,862	16,482,698 -1,284,564
NS2P margin ? Median	-1.69% -0.62	-3.28% -0.29	0.97% 0.18	-11.06% -5.07	2.35% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for DANBURY HOSPITAL 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	34,795,698 5,089,215	18,178,000 4,572,541	22,526,253 5,268,134	69,555,000 13,092,619	27,500,287 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	0 199,009	0 206,870.5	15,659,000 194,343	30,875,000 249,496
⊳ Line 7: Investments ? ⊳ Median	7,660,000 299,524	0 188,688.5	0 370,813	0 309,361.5	0 375,329
⊳ 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	204,000	184,000
⊳ 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	288,000	171,000
⊳ 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	8,000	15,000
⊳ Line 22: Rental of hospital space	0	0	0	986,000	1,499,000
⊳ Line 23: Gov appropriations ? ⊳ Median	0 1,017,693	0 983,261.5	0 1,173,286	85,000 1,987,202	19,000 1,597,664
⊳ Sum Line 24	27,135,698	18,178,000	22,526,253	52,325,000	-5,262,713
Total income ? Median	24,524,145 6,586,430	-2,087,918 6,767,106	28,850,200 8,419,950	3,184,689 8,094,175	43,982,985 15,162,888
Non-operating expenses Median	-2,355,000 146,289.5	-3,890,000 164,857	8,807,200 89,880.5	-15,660,000 106,761	-30,875,000 31,473.5
Net income Median	26,879,145 6,043,842	1,802,082 5,845,112	20,043,000 7,606,259	18,844,689 7,283,041	74,857,985 14,957,241
Net margin Median	4.18969% 4.62%	0.28311% 4.42%	2.96980% 5.16%	2.81482% 5.2%	10.25742% 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 DANBURY HOSPITAL 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	116,513,274 23,241,334	118,175,067 23,709,545	122,317,671 24,248,380	115,033,654 22,858,541	128,978,250 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	109,729,600 21,577,146	111,502,515 22,041,594	117,361,677 22,722,063	110,950,545 21,570,441	124,375,139 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	2,391,038 1,845,420	1,721,130 1,757,392	1,213,385 1,738,842	1,340,676 1,510,463	965,860 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	4,392,636 3,535,627	4,951,422 3,746,588	3,742,609 3,782,288	2,742,433 3,865,578	3,637,251 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	66,428,292 11,160,864	64,453,566 11,987,345	65,010,723 12,926,866	56,725,780 11,884,480	61,282,619 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	66,428,292 10,918,923	64,453,566 11,706,976	65,010,723 12,615,917	56,725,780 11,458,116	61,282,619 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	14,252,452 3,284,314	15,396,003 3,250,551	15,936,936 3,386,837	15,176,535 3,360,806	17,054,208 3,508,953
Disproportionate-share hospital (DSH) Median	1,201,406 594,888	1,111,948 595,761	1,032,950 577,894	1,081,614 542,168	1,371,474 549,667
Outlier Median	4,545,115 582,572	3,522,306 538,116	1,010,261 212,434	805,250 126,559	1,003,060 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	51,494,784 3,662,910	38,527,682 3,730,911	40,945,765 4,081,319	17,802,380 4,643,908	38,848,130 4,389,147
Charity care Median	6,178,896 2,654,636	5,817,111 2,940,659	7,427,673 3,380,215	7,162,726 3,488,738	7,577,739 3,233,405
Uncompensated care (UCC) Median	11,749,951 5,147,790	11,336,515 5,337,617	14,780,183 5,711,082	14,025,659 5,923,418	14,214,719 5,508,107
UCC as a % of operating expenses Median	1.90% 3.24	1.78% 3.12	2.29% 3.21	2.11% 3.3	2.07% 2.86
Total shortfall/UCC Median	63,244,735 9,489,989	49,864,197 9,424,297	55,725,948 10,120,158	31,828,039 11,171,337	53,062,849 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	212,349,731 52,142,039	219,091,215 54,485,252	218,703,611 57,395,589	202,167,582 58,830,919	198,148,627 61,722,907
Salaries as a % of operating expenses Median	34.34 36.68	34.31 36.56	33.85 36.37	30.34 35.93	28.89 35.24
Intern, resident salaries* Median	7,135,067 2,598,592	7,331,967 2,686,824	6,766,893 2,753,773	6,807,664 2,937,156	7,765,749 2,909,848
Contract intern, resident salaries* Median	345,237 1,251,927	350,567 1,186,494	358,477 1,204,885	377,399 1,279,653	147,501 1,469,317
Contract adjusted salaries, direct-care Median	3,011,785 1,449,244	4,674,131 1,475,986	3,907,847 1,563,078	2,546,624 1,721,954	2,640,631 2,991,828
Contract hours, direct-care Median	45,766.00 22,725	54,505.71 23,018.5	54,400.00 24,503.48	35,425.54 25,026.5	29,446.67 33,786
Contract wages, direct-care Median	65.81 64.67	85.75 64.53	71.84 65.06	71.89 68.97	89.68 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.