As of the July, 2022, release via CMS
The 341-bed, acute-care hospital had $3,985,922 in net service to patients*, with a total profit margin of 11.37146% in fiscal year 2021, the latest year available.
It spent 7.82% of its operating expenses on uncompensated care and reported $14,573,509 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 |
317 118 |
331 118 |
331 119.5 |
319 118 |
312 119 |
Total beds Median |
348 162 |
362 162 |
362 162 |
350 162 |
341 163.5 |
FTEs Median |
701.90 788.06 |
693.70 793.42 |
680.50 806.03 |
528.60 787.61 |
552.00 804.34 |
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 |
145,881,917 150,932,746 |
136,985,141 158,950,878 |
136,113,139 168,696,998 |
129,689,608 163,454,693 |
138,818,878 186,589,412 |
Operating expenses Median |
132,981,714 149,311,209 |
134,645,211 156,110,414 |
145,462,268 164,890,568 |
136,941,312 166,516,854 |
134,832,956 180,120,888 |
Net income from service 2 patients (NS2P) ? Median |
12,900,203 -964,173 |
2,339,930 -643,601.5 |
-9,349,129 -116,254 |
-7,251,704 -5,025,862 |
3,985,922 -1,284,564 |
NS2P margin ? Median |
8.84% -0.62 |
1.71% -0.29 |
-6.87% 0.18 |
-5.59% -5.07 |
2.87% -0.88 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for HIALEAH HOSPITAL 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 |
1,531,670 5,089,215 |
1,681,568 4,572,541 |
1,811,549 5,268,134 |
2,441,082 13,092,619 |
13,313,784 12,369,236 |
Total income ? Median |
14,431,873 6,586,430 |
4,021,498 6,767,106 |
-7,537,580 8,419,950 |
-4,810,622 8,094,175 |
17,299,706 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 |
14,431,873 6,043,842 |
4,021,498 5,845,112 |
-7,537,580 7,606,259 |
-4,810,622 7,283,041 |
17,299,706 14,957,241 |
Net margin Median |
9.79006% 4.62% |
2.90012% 4.42% |
-5.46500% 5.16% |
-3.64081% 5.2% |
11.37146% 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 HIALEAH HOSPITAL 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 |
25,803,738 23,241,334 |
23,906,154 23,709,545 |
21,050,627 24,248,380 |
19,993,139 22,858,541 |
18,837,123 23,620,613 |
All outpatient revenue Median Click here to show/hide details |
2,595,754 11,160,864 |
2,177,011 11,987,345 |
2,208,089 12,926,866 |
1,895,811 11,884,480 |
1,127,308 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 |
2,239,767 594,888 |
1,941,849 595,761 |
1,605,235 577,894 |
1,695,572 542,168 |
1,304,415 549,667 |
Outlier Median |
192,093 582,572 |
174,972 538,116 |
74,703 212,434 |
8,601 126,559 |
1,825 139,139 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Medicaid shortfall Median |
5,638,737 3,662,910 |
11,887,355 3,730,911 |
12,405,302 4,081,319 |
13,481,221 4,643,908 |
14,573,509 4,389,147 |
Charity care Median |
5,515,079 2,654,636 |
12,490,636 2,940,659 |
11,089,555 3,380,215 |
11,574,055 3,488,738 |
7,369,810 3,233,405 |
Uncompensated care (UCC) Median |
8,663,869 5,147,790 |
15,920,489 5,337,617 |
15,047,194 5,711,082 |
14,786,439 5,923,418 |
10,544,060 5,508,107 |
UCC as a % of operating expenses Median |
6.52% 3.24 |
11.82% 3.12 |
10.34% 3.21 |
10.80% 3.3 |
7.82% 2.86 |
Total shortfall/UCC Median |
14,302,606 9,489,989 |
27,807,844 9,424,297 |
27,452,496 10,120,158 |
28,267,660 11,171,337 |
25,117,569 10,133,851 |
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Total salaries Median |
51,423,812 52,142,039 |
52,104,831 54,485,252 |
52,312,021 57,395,589 |
48,461,876 58,830,919 |
48,006,419 61,722,907 |
Salaries as a % of operating expenses Median |
38.67 36.68 |
38.70 36.56 |
35.96 36.37 |
35.40 35.93 |
35.61 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 |
145,821 1,449,244 |
0 1,475,986 |
133,417 1,563,078 |
337,054 1,721,954 |
688,256 2,991,828 |
Contract hours, direct-care Median |
2,477.00 22,725 |
0.00 23,018.5 |
2,209.00 24,503.48 |
7,244.00 25,026.5 |
9,047.00 33,786 |
Contract wages, direct-care Median |
58.87 64.67 |
0.00 64.53 |
60.40 65.06 |
46.53 68.97 |
76.08 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.