As of the July, 2022, release via CMS

ST. ANTHONYS HOSPITAL

CMS id: 100067
1200 7TH AVENUE NORTH, ST. PETERSBURG FL 33705. County: PINELLAS
System: BAYCARE HEALTH SYSTEM
CBSA: Tampa-St. Petersburg-Clearwater, FL

The 378-bed, acute-care hospital had $19,551,470 in net service to patients*, with a total profit margin of 5.58844% in fiscal year 2021, the latest year available.
It spent 7.47% of its operating expenses on uncompensated care and reported $20,021,030 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	263 118	280 118	280 119.5	300 118	300 119
Total beds Median	341 162	358 162	358 162	378 162	378 163.5
FTEs Median	1,881.97 788.06	2,000.14 793.42	2,050.50 806.03	1,966.95 787.61	1,874.62 804.34

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	365,473,277 150,932,746	395,317,519 158,950,878	415,823,334 168,696,998	404,360,711 163,454,693	436,900,681 186,589,412
Operating expenses Median	330,787,230 149,311,209	366,893,842 156,110,414	388,817,726 164,890,568	391,033,954 166,516,854	417,349,211 180,120,888
Net income from service 2 patients (NS2P) ? Median	34,686,047 -964,173	28,423,677 -643,601.5	27,005,608 -116,254	13,326,757 -5,025,862	19,551,470 -1,284,564
NS2P margin ? Median	9.49% -0.62	7.19% -0.29	6.49% 0.18	3.30% -5.07	4.48% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for ST. ANTHONYS 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	3,411,186 5,089,215	2,629,915 4,572,541	4,952,646 5,268,134	14,645,160 13,092,619	5,152,424 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	0 199,009	0 206,870.5	0 194,343	0 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	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	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	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	0	0	0	0	0
⊳ 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	3,411,186	2,629,915	4,952,646	14,645,160	5,152,424
Total income ? Median	38,097,233 6,586,430	31,053,592 6,767,106	31,958,254 8,419,950	27,971,917 8,094,175	24,703,894 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	38,097,233 6,043,842	31,053,592 5,845,112	31,958,254 7,606,259	27,971,917 7,283,041	24,703,894 14,957,241
Net margin Median	10.32769% 4.62%	7.80344% 4.42%	7.59508% 5.16%	6.67578% 5.2%	5.58844% 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 ST. ANTHONYS 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	64,724,702 23,241,334	68,493,045 23,709,545	65,950,908 24,248,380	60,726,805 22,858,541	56,949,247 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	61,330,312 21,577,146	65,241,779 22,041,594	63,496,275 22,722,063	58,588,309 21,570,441	54,413,850 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	3,394,390 1,845,420	3,251,266 1,757,392	2,454,633 1,738,842	2,138,496 1,510,463	2,535,397 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	26,264,781 11,160,864	30,480,969 11,987,345	34,287,898 12,926,866	33,218,495 11,884,480	30,434,345 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	26,264,781 10,918,923	30,480,969 11,706,976	34,287,898 12,615,917	33,218,495 11,458,116	30,434,345 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	809,651 594,888	964,481 595,761	1,852,510 577,894	1,404,628 542,168	1,517,689 549,667
Outlier Median	1,189,285 582,572	948,924 538,116	122,396 212,434	152,540 126,559	217,383 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	7,668,096 3,662,910	22,144,283 3,730,911	18,737,250 4,081,319	19,137,046 4,643,908	20,021,030 4,389,147
Charity care Median	22,010,741 2,654,636	28,233,726 2,940,659	30,223,580 3,380,215	24,981,172 3,488,738	25,915,416 3,233,405
Uncompensated care (UCC) Median	26,064,800 5,147,790	33,543,258 5,337,617	35,643,783 5,711,082	30,022,084 5,923,418	31,184,281 5,508,107
UCC as a % of operating expenses Median	7.88% 3.24	9.14% 3.12	9.17% 3.21	7.68% 3.3	7.47% 2.86
Total shortfall/UCC Median	33,732,896 9,489,989	55,687,541 9,424,297	54,381,033 10,120,158	49,159,130 11,171,337	51,205,311 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	118,998,679 52,142,039	126,548,591 54,485,252	131,091,330 57,395,589	129,417,706 58,830,919	138,148,759 61,722,907
Salaries as a % of operating expenses Median	35.97 36.68	34.49 36.56	33.72 36.37	33.10 35.93	33.10 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	214,529 1,449,244	275,951 1,475,986	1,042,220 1,563,078	1,762,632 1,721,954	18,871,804 2,991,828
Contract hours, direct-care Median	3,900.50 22,725	4,233.00 23,018.5	16,116.20 24,503.48	18,525.14 25,026.5	128,972.61 33,786
Contract wages, direct-care Median	55.00 64.67	65.19 64.53	64.67 65.06	95.15 68.97	146.32 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.