As of the July, 2022, release via CMS

BROWARD HEALTH MEDICAL CENTER

CMS id: 100039
1600 SOUTH ANDREWS AVENUE, FT. LAUDERDALE FL 33316. County: BROWARD
System: BROWARD HEALTH
CBSA: Miami-Fort Lauderdale-Pompano Beach, FL

The 632-bed, acute-care hospital had $-72,817,975 in net service to patients*, with a total profit margin of 7.30492% in fiscal year 2021, the latest year available.
It spent 11.05% of its operating expenses on uncompensated care and reported $44,004,998 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	gov	gov	gov	gov	gov
Acute beds Median	315 118	339 118	339 119.5	339 118	339 119
Total beds Median	608 162	632 162	632 162	632 162	632 163.5
FTEs Median	2,953.82 788.06	2,967.13 793.42	2,967.13 806.03	2,750.49 787.61	2,707.98 804.34

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	453,875,816 150,932,746	473,600,862 158,950,878	463,590,457 168,696,998	436,199,177 163,454,693	424,383,101 186,589,412
Operating expenses Median	492,223,937 149,311,209	530,150,831 156,110,414	519,676,299 164,890,568	515,828,635 166,516,854	497,201,076 180,120,888
Net income from service 2 patients (NS2P) ? Median	-38,348,121 -964,173	-56,549,969 -643,601.5	-56,085,842 -116,254	-79,629,458 -5,025,862	-72,817,975 -1,284,564
NS2P margin ? Median	-8.45% -0.62	-11.94% -0.29	-12.10% 0.18	-18.26% -5.07	-17.16% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for BROWARD HEALTH 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	63,909,472 5,089,215	96,325,151 4,572,541	81,372,671 5,268,134	95,236,093 13,092,619	112,000,355 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	1,898,455 224,999	8,236,716 199,009	892,913 206,870.5	1,957,851 194,343	1,141,248 249,496
⊳ Line 7: Investments ? ⊳ Median	608,285 299,524	693,667 188,688.5	814,259 370,813	542,675 309,361.5	290,024 375,329
⊳ 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	1,608,457	1,543,424	1,512,305	1,263,873	1,117,976
⊳ 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	9,544,444	8,411,245	14,640,055	17,708,133	19,451,949
⊳ Line 18: Revenue from sale of medical records and abstracts	825	33	729	2,932	1,257
⊳ 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	1,683,352	1,950,738	313,646	299,224	1,360,096
⊳ Line 23: Gov appropriations ? ⊳ Median	3,827,789 1,017,693	3,798,123 983,261.5	4,152,409 1,173,286	13,492,373 1,987,202	4,183,473 1,597,664
⊳ Sum Line 24	44,737,865	71,691,205	59,046,355	59,969,032	84,454,332
Total income ? Median	25,561,351 6,586,430	39,775,182 6,767,106	25,286,829 8,419,950	15,606,635 8,094,175	39,182,380 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	25,561,351 6,043,842	39,775,182 5,845,112	25,286,829 7,606,259	15,606,635 7,283,041	39,182,380 14,957,241
Net margin Median	4.93667% 4.62%	6.97901% 4.42%	4.64010% 5.16%	2.93670% 5.2%	7.30492% 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 BROWARD HEALTH 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	69,570,431 23,241,334	72,146,561 23,709,545	66,607,299 24,248,380	65,902,403 22,858,541	56,514,648 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	65,565,480 21,577,146	68,276,169 22,041,594	62,597,832 22,722,063	62,916,895 21,570,441	54,452,326 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	4,004,951 1,845,420	3,870,392 1,757,392	4,009,467 1,738,842	2,985,508 1,510,463	2,062,322 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	12,721,110 11,160,864	13,698,017 11,987,345	13,712,757 12,926,866	12,074,215 11,884,480	10,796,252 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	12,721,110 10,918,923	13,698,017 11,706,976	13,712,757 12,615,917	12,074,215 11,458,116	10,796,252 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	5,057,293 3,284,314	5,010,495 3,250,551	4,576,870 3,386,837	4,626,599 3,360,806	4,389,202 3,508,953
Disproportionate-share hospital (DSH) Median	2,939,635 594,888	2,980,101 595,761	2,515,830 577,894	2,463,085 542,168	2,105,135 549,667
Outlier Median	4,262,628 582,572	3,967,230 538,116	2,538,866 212,434	321,572 126,559	127,991 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	0 3,662,910	28,899,570 3,730,911	20,497,158 4,081,319	17,638,529 4,643,908	44,004,998 4,389,147
Charity care Median	19,706,185 2,654,636	22,231,452 2,940,659	18,298,202 3,380,215	12,661,209 3,488,738	26,932,143 3,233,405
Uncompensated care (UCC) Median	60,307,002 5,147,790	62,486,877 5,337,617	69,144,772 5,711,082	61,400,614 5,923,418	54,942,425 5,508,107
UCC as a % of operating expenses Median	12.25% 3.24	11.79% 3.12	13.31% 3.21	11.90% 3.3	11.05% 2.86
Total shortfall/UCC Median	60,307,002 9,489,989	91,386,447 9,424,297	89,641,930 10,120,158	79,039,143 11,171,337	98,947,423 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	185,404,864 52,142,039	186,925,419 54,485,252	182,073,295 57,395,589	180,568,470 58,830,919	211,372,119 61,722,907
Salaries as a % of operating expenses Median	37.67 36.68	35.26 36.56	35.04 36.37	35.01 35.93	42.51 35.24
Intern, resident salaries* Median	6,906,734 2,598,592	7,739,678 2,686,824	7,780,598 2,753,773	9,121,086 2,937,156	9,842,990 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	5,911,417 1,449,244	3,971,184 1,475,986	1,884,922 1,563,078	2,320,801 1,721,954	14,998,292 2,991,828
Contract hours, direct-care Median	100,297.36 22,725	63,907.54 23,018.5	29,919.00 24,503.48	47,482.00 25,026.5	130,505.00 33,786
Contract wages, direct-care Median	58.94 64.67	62.14 64.53	63.00 65.06	48.88 68.97	114.93 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.