As of the July, 2022, release via CMS

BROWARD HEALTH IMPERIAL POINT

CMS id: 100200
6401 N FEDERAL HIGHWAY, FT. LAUDERDALE FL 33308. County: BROWARD
System: BROWARD HEALTH
CBSA: Miami-Fort Lauderdale-Pompano Beach, FL

The 204-bed, acute-care hospital had $-18,911,299 in net service to patients*, with a total profit margin of 3.24983% in fiscal year 2021, the latest year available.
It spent 12.31% of its operating expenses on uncompensated care and reported $6,630,670 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	72 118	72 118	72 119.5	98 118	98 119
Total beds Median	174 162	174 162	174 162	204 162	204 163.5
FTEs Median	728.41 788.06	718.23 793.42	718.23 806.03	724.91 787.61	718.96 804.34

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	104,277,326 150,932,746	111,753,692 158,950,878	98,997,073 168,696,998	98,191,953 163,454,693	100,242,787 186,589,412
Operating expenses Median	120,704,274 149,311,209	126,823,261 156,110,414	120,493,606 164,890,568	120,787,813 166,516,854	119,154,086 180,120,888
Net income from service 2 patients (NS2P) ? Median	-16,426,948 -964,173	-15,069,569 -643,601.5	-21,496,533 -116,254	-22,595,860 -5,025,862	-18,911,299 -1,284,564
NS2P margin ? Median	-15.75% -0.62	-13.48% -0.29	-21.71% 0.18	-23.01% -5.07	-18.87% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for BROWARD HEALTH IMPERIAL POINT 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	13,058,689 5,089,215	17,375,402 4,572,541	16,594,997 5,268,134	24,206,326 13,092,619	22,913,674 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	160,864 224,999	154,393 199,009	97,010 206,870.5	13,101 194,343	348,259 249,496
⊳ Line 7: Investments ? ⊳ Median	301,714 299,524	394,545 188,688.5	621,629 370,813	627,640 309,361.5	682,252 375,329
⊳ 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	658,846	630,331	612,971	503,510	330,045
⊳ 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	177,809	192,047	98,912	119,475	241,788
⊳ Line 18: Revenue from sale of medical records and abstracts	0	179	0	1	420
⊳ 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	2,025,973	2,040,556	0	0	0
⊳ Line 23: Gov appropriations ? ⊳ Median	0 1,017,693	0 983,261.5	0 1,173,286	7,338,607 1,987,202	0 1,597,664
⊳ Sum Line 24	9,733,483	13,963,351	15,164,475	15,603,992	21,310,910
Total income ? Median	-3,368,259 6,586,430	2,305,833 6,767,106	-4,901,536 8,419,950	1,610,466 8,094,175	4,002,375 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	-3,368,259 6,043,842	2,305,833 5,845,112	-4,901,536 7,606,259	1,610,466 7,283,041	4,002,375 14,957,241
Net margin Median	-2.87061% 4.62%	1.78568% 4.42%	-4.24037% 5.16%	1.31576% 5.2%	3.24983% 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 IMPERIAL POINT 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	16,308,402 23,241,334	17,887,637 23,709,545	16,937,361 24,248,380	17,910,635 22,858,541	15,800,588 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	13,206,125 21,577,146	14,442,277 22,041,594	13,848,119 22,722,063	15,424,123 21,570,441	13,963,153 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	3,102,277 1,845,420	3,445,360 1,757,392	3,089,242 1,738,842	2,486,512 1,510,463	1,837,435 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	7,119,980 11,160,864	7,295,992 11,987,345	6,738,868 12,926,866	6,171,902 11,884,480	5,864,924 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	7,119,980 10,918,923	7,295,992 11,706,976	6,738,868 12,615,917	6,171,902 11,458,116	5,864,924 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	130,891 3,508,953
Disproportionate-share hospital (DSH) Median	191,618 594,888	272,654 595,761	224,111 577,894	232,876 542,168	247,469 549,667
Outlier Median	490,583 582,572	418,836 538,116	370,421 212,434	40,269 126,559	9,818 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	3,658,669 3,662,910	5,437,177 3,730,911	6,505,439 4,081,319	6,714,407 4,643,908	6,630,670 4,389,147
Charity care Median	2,578,801 2,654,636	2,417,919 2,940,659	1,948,660 3,380,215	1,404,800 3,488,738	7,386,827 3,233,405
Uncompensated care (UCC) Median	14,743,292 5,147,790	15,347,236 5,337,617	16,647,949 5,711,082	13,465,611 5,923,418	14,670,303 5,508,107
UCC as a % of operating expenses Median	12.21% 3.24	12.10% 3.12	13.82% 3.21	11.15% 3.3	12.31% 2.86
Total shortfall/UCC Median	18,401,961 9,489,989	20,784,413 9,424,297	23,153,388 10,120,158	20,180,018 11,171,337	21,300,973 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	45,864,722 52,142,039	47,181,028 54,485,252	45,315,767 57,395,589	46,866,931 58,830,919	54,676,315 61,722,907
Salaries as a % of operating expenses Median	38.00 36.68	37.20 36.56	37.61 36.37	38.80 35.93	45.89 35.24
Intern, resident salaries* Median	0 2,598,592	0 2,686,824	0 2,753,773	0 2,937,156	96,327 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	881,393 1,449,244	630,875 1,475,986	185,635 1,563,078	615,269 1,721,954	3,736,138 2,991,828
Contract hours, direct-care Median	14,381.87 22,725	10,467.02 23,018.5	3,418.91 24,503.48	13,622.00 25,026.5	25,603.39 33,786
Contract wages, direct-care Median	61.29 64.67	60.27 64.53	54.30 65.06	45.17 68.97	145.92 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.