As of the July, 2022, release via CMS

BAPTIST MEDICAL CENTER-BEACHES

CMS id: 100117
1350 THIRTEENTH AVENUE SOUTH, JACKSONVILLE BEACH FL 32250. County: DUVAL
System: BAPTIST HEALTH SYSTEM INC.
CBSA: Jacksonville, FL

The 135-bed, acute-care hospital had $19,698,123 in net service to patients*, with a total profit margin of 20.64536% in fiscal year 2021, the latest year available.
It spent 5.91% of its operating expenses on uncompensated care and reported $2,589,230 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	135 118	135 118	135 119.5	135 118	135 119
Total beds Median	135 162	135 162	135 162	135 162	135 163.5
FTEs Median	659.25 788.06	636.30 793.42	635.31 806.03	669.62 787.61	691.11 804.34

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	127,358,233 150,932,746	133,637,200 158,950,878	143,203,692 168,696,998	139,999,000 163,454,693	168,782,017 186,589,412
Operating expenses Median	116,131,394 149,311,209	119,646,896 156,110,414	116,793,576 164,890,568	133,416,108 166,516,854	149,083,894 180,120,888
Net income from service 2 patients (NS2P) ? Median	11,226,839 -964,173	13,990,304 -643,601.5	26,410,116 -116,254	6,582,892 -5,025,862	19,698,123 -1,284,564
NS2P margin ? Median	8.82% -0.62	10.47% -0.29	18.44% 0.18	4.70% -5.07	11.67% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for BAPTIST MEDICAL CENTER-BEACHES 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	7,293,556 5,089,215	4,374,675 4,572,541	3,436,531 5,268,134	5,875,710 13,092,619	19,090,744 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	0 199,009	0 206,870.5	5,578 194,343	12,335,269 249,496
⊳ Line 7: Investments ? ⊳ Median	6,310,481 299,524	3,493,676 188,688.5	2,113,025 370,813	2,064,221 309,361.5	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	75	225	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	550,548	566,232	569,892	542,133	534,997
⊳ 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	82,425	13,726	0	0	0
⊳ Line 23: Gov appropriations ? ⊳ Median	350 1,017,693	0 983,261.5	0 1,173,286	0 1,987,202	134,721 1,597,664
⊳ Sum Line 24	349,677	300,816	753,614	3,263,778	6,085,757
Total income ? Median	18,520,395 6,586,430	18,364,979 6,767,106	29,846,647 8,419,950	12,458,602 8,094,175	38,788,867 15,162,888
Non-operating expenses Median	29,395 146,289.5	-21 164,857	5,456,336 89,880.5	-398 106,761	1,867 31,473.5
Net income Median	18,491,000 6,043,842	18,365,000 5,845,112	24,390,311 7,606,259	12,459,000 7,283,041	38,787,000 14,957,241
Net margin Median	13.73246% 4.62%	13.30683% 4.42%	16.63276% 5.16%	8.54089% 5.2%	20.64536% 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 BAPTIST MEDICAL CENTER-BEACHES 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	20,561,641 23,241,334	20,644,625 23,709,545	21,996,398 24,248,380	24,121,255 22,858,541	23,466,892 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	20,561,641 21,577,146	20,644,625 22,041,594	21,996,398 22,722,063	24,121,255 21,570,441	23,466,892 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	12,261,209 11,160,864	12,452,490 11,987,345	13,257,573 12,926,866	13,082,294 11,884,480	15,244,560 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	12,261,209 10,918,923	12,452,490 11,706,976	13,257,573 12,615,917	13,082,294 11,458,116	15,244,560 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	0 594,888	0 595,761	0 577,894	362,472 542,168	0 549,667
Outlier Median	406,291 582,572	438,249 538,116	24,377 212,434	50,532 126,559	74,487 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	2,897,099 3,662,910	3,145,787 3,730,911	1,551,228 4,081,319	4,242,374 4,643,908	2,589,230 4,389,147
Charity care Median	6,192,350 2,654,636	5,323,177 2,940,659	10,064,447 3,380,215	9,247,270 3,488,738	8,083,037 3,233,405
Uncompensated care (UCC) Median	7,262,039 5,147,790	6,753,331 5,337,617	11,320,703 5,711,082	10,594,994 5,923,418	8,817,177 5,508,107
UCC as a % of operating expenses Median	6.25% 3.24	5.64% 3.12	9.69% 3.21	7.94% 3.3	5.91% 2.86
Total shortfall/UCC Median	10,159,138 9,489,989	9,899,118 9,424,297	12,871,931 10,120,158	14,837,368 11,171,337	11,406,407 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	37,826,427 52,142,039	37,712,368 54,485,252	38,614,631 57,395,589	43,635,854 58,830,919	48,821,999 61,722,907
Salaries as a % of operating expenses Median	34.31 36.68	33.92 36.56	33.06 36.37	32.71 35.93	32.75 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	1,717,552 1,449,244	501,449 1,475,986	536,260 1,563,078	258,679 1,721,954	633,153 2,991,828
Contract hours, direct-care Median	26,230.00 22,725	12,439.00 23,018.5	7,464.00 24,503.48	3,146.00 25,026.5	10,756.00 33,786
Contract wages, direct-care Median	65.48 64.67	40.31 64.53	71.85 65.06	82.22 68.97	58.87 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.