As of the July, 2022, release via CMS

DOCTORS MEMORIAL

CMS id: 100106
333 BYRON BUTLER PARKWAY, PERRY FL 32347. County: TAYLOR
System: --
CBSA: Rural Florida

The 48-bed, acute-care hospital had $-3,741,331 in net service to patients*, with a total profit margin of 15.35492% in fiscal year 2021, the latest year available.
It spent 7.65% of its operating expenses on uncompensated care and reported $1,097,300 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	nfp
Acute beds Median	42 118	42 118	42 119.5	42 118	48 119
Total beds Median	48 162	48 162	48 162	48 162	48 163.5
FTEs Median	230.51 788.06	225.04 793.42	214.45 806.03	199.50 787.61	177.18 804.34

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	20,507,847 150,932,746	21,257,527 158,950,878	18,869,565 168,696,998	17,769,250 163,454,693	16,879,946 186,589,412
Operating expenses Median	23,847,010 149,311,209	23,135,342 156,110,414	22,434,618 164,890,568	21,511,967 166,516,854	20,621,277 180,120,888
Net income from service 2 patients (NS2P) ? Median	-3,339,163 -964,173	-1,877,815 -643,601.5	-3,565,053 -116,254	-3,742,717 -5,025,862	-3,741,331 -1,284,564
NS2P margin ? Median	-16.28% -0.62	-8.83% -0.29	-18.89% 0.18	-21.06% -5.07	-22.16% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for DOCTORS MEMORIAL 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	2,783,776 5,089,215	2,573,310 4,572,541	2,623,442 5,268,134	3,188,590 13,092,619	7,482,105 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	556,696 224,999	290,273 199,009	4,327 206,870.5	606,076 194,343	40,000 249,496
⊳ Line 7: Investments ? ⊳ Median	2,707 299,524	4,397 188,688.5	3,563 370,813	2,938 309,361.5	7,159 375,329
⊳ 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	146,857	133,700	131,249	108,506	76,621
⊳ 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	3,561	3,549	4,033	4,549	1,407,824
⊳ Line 18: Revenue from sale of medical records and abstracts	10,424	9,695	7,913	10,437	8,247
⊳ 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	1,976	1,850	1,450	1,598	1,114
⊳ Line 22: Rental of hospital space	120,892	120,639	111,436	142,152	101,174
⊳ Line 23: Gov appropriations ? ⊳ Median	46,544 1,017,693	63,750 983,261.5	2,335,688 1,173,286	2,174,598 1,987,202	0 1,597,664
⊳ Sum Line 24	1,894,119	1,945,457	23,783	137,736	5,839,966
Total income ? Median	-555,387 6,586,430	695,495 6,767,106	-941,611 8,419,950	-554,127 8,094,175	3,740,774 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	-555,387 6,043,842	695,495 5,845,112	-941,611 7,606,259	-554,127 7,283,041	3,740,774 14,957,241
Net margin Median	-2.38449% 4.62%	2.91847% 4.42%	-4.38101% 5.16%	-2.64401% 5.2%	15.35492% 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 DOCTORS MEMORIAL 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	2,906,317 23,241,334	3,327,356 23,709,545	3,075,229 24,248,380	2,945,465 22,858,541	1,995,884 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	2,906,317 21,577,146	3,327,356 22,041,594	3,075,229 22,722,063	2,945,465 21,570,441	1,995,884 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	0 1,845,420	0 1,757,392	0 1,738,842	0 1,510,463	0 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	3,935,354 11,160,864	3,721,024 11,987,345	2,974,687 12,926,866	2,625,690 11,884,480	2,734,863 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	2,251,672 10,918,923	2,280,878 11,706,976	1,897,330 12,615,917	1,745,060 11,458,116	1,922,251 12,776,716
⊳ Home Health agencies (HHA) ⊳ Median	766,260 1,282,808	593,458 1,407,728	186,059 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	917,422 618,038	846,688 697,279	891,298 690,232	880,630 684,010	812,612 670,558
⊳ 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	30,999 594,888	48,550 595,761	36,467 577,894	29,592 542,168	26,533 549,667
Outlier Median	16,717 582,572	10,532 538,116	12,240 212,434	7,519 126,559	16,254 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	678,135 3,662,910	104,582 3,730,911	853,992 4,081,319	1,286,722 4,643,908	1,097,300 4,389,147
Charity care Median	659,945 2,654,636	334,334 2,940,659	326,949 3,380,215	261,085 3,488,738	352,175 3,233,405
Uncompensated care (UCC) Median	2,405,725 5,147,790	1,959,826 5,337,617	1,613,042 5,711,082	1,781,658 5,923,418	1,578,186 5,508,107
UCC as a % of operating expenses Median	10.09% 3.24	8.47% 3.12	7.19% 3.21	8.28% 3.3	7.65% 2.86
Total shortfall/UCC Median	3,083,860 9,489,989	2,064,408 9,424,297	2,467,034 10,120,158	3,068,380 11,171,337	2,675,486 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	10,497,144 52,142,039	10,453,545 54,485,252	9,760,527 57,395,589	9,391,620 58,830,919	9,191,215 61,722,907
Salaries as a % of operating expenses Median	44.02 36.68	45.18 36.56	43.29 36.37	43.66 35.93	44.57 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	11,039 1,449,244	2,695 1,475,986	0 1,563,078	0 1,721,954	150 2,991,828
Contract hours, direct-care Median	200.70 22,725	49.00 23,018.5	0.00 24,503.48	0.00 25,026.5	2.50 33,786
Contract wages, direct-care Median	55.00 64.67	55.00 64.53	0.00 65.06	0.00 68.97	60.00 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.