As of the July, 2022, release via CMS

BROWARD HEALTH CORAL SPRINGS

CMS id: 100276
3000 CORAL HILLS DRIVE, CORAL SPRINGS FL 33065. County: BROWARD
System: BROWARD HEALTH
CBSA: Miami-Fort Lauderdale-Pompano Beach, FL

The 224-bed, acute-care hospital had $-3,374,217 in net service to patients*, with a total profit margin of 17.46806% in fiscal year 2021, the latest year available.
It spent 7.43% of its operating expenses on uncompensated care and reported $16,345,941 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	130 118	130 118	130 119.5	158 118	158 119
Total beds Median	196 162	196 162	196 162	224 162	224 163.5
FTEs Median	934.91 788.06	946.82 793.42	946.82 806.03	976.69 787.61	1,015.51 804.34

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	142,654,235 150,932,746	147,078,479 158,950,878	156,196,283 168,696,998	150,286,636 163,454,693	176,336,572 186,589,412
Operating expenses Median	158,490,564 149,311,209	158,480,690 156,110,414	165,057,217 164,890,568	164,002,156 166,516,854	179,710,789 180,120,888
Net income from service 2 patients (NS2P) ? Median	-15,836,329 -964,173	-11,402,211 -643,601.5	-8,860,934 -116,254	-13,715,520 -5,025,862	-3,374,217 -1,284,564
NS2P margin ? Median	-11.10% -0.62	-7.75% -0.29	-5.67% 0.18	-9.13% -5.07	-1.91% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for BROWARD HEALTH CORAL SPRINGS 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	15,525,344 5,089,215	19,469,519 4,572,541	18,962,348 5,268,134	22,892,140 13,092,619	41,410,392 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	147,465 224,999	69,237 199,009	147,736 206,870.5	230,891 194,343	97,425 249,496
⊳ Line 7: Investments ? ⊳ Median	477,228 299,524	583,133 188,688.5	990,576 370,813	947,855 309,361.5	1,159,031 375,329
⊳ 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	657,398	644,216	651,534	595,650	502,739
⊳ 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	203,414	198,775	141,267	325,260	550,730
⊳ Line 18: Revenue from sale of medical records and abstracts	194	501	224	828	215
⊳ 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	684,611	710,202	0	0	0
⊳ Line 23: Gov appropriations ? ⊳ Median	0 1,017,693	0 983,261.5	0 1,173,286	3,123,988 1,987,202	0 1,597,664
⊳ Sum Line 24	13,355,034	17,263,455	17,031,011	17,667,668	39,100,252
Total income ? Median	-310,985 6,586,430	8,067,308 6,767,106	10,101,414 8,419,950	9,176,620 8,094,175	38,036,175 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	-310,985 6,043,842	8,067,308 5,845,112	10,101,414 7,606,259	9,176,620 7,283,041	38,036,175 14,957,241
Net margin Median	-0.19660% 4.62%	4.84383% 4.42%	5.76701% 5.16%	5.29893% 5.2%	17.46806% 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 CORAL SPRINGS 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	16,865,667 23,241,334	17,853,128 23,709,545	19,451,479 24,248,380	18,654,575 22,858,541	20,868,762 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	16,865,667 21,577,146	17,853,128 22,041,594	19,451,479 22,722,063	18,654,575 21,570,441	20,868,762 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	4,522,108 11,160,864	4,810,852 11,987,345	4,654,312 12,926,866	3,868,556 11,884,480	3,770,164 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	4,522,108 10,918,923	4,810,852 11,706,976	4,654,312 12,615,917	3,868,556 11,458,116	3,770,164 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	110,424 3,284,314	131,001 3,250,551	128,566 3,386,837	134,933 3,360,806	194,034 3,508,953
Disproportionate-share hospital (DSH) Median	612,258 594,888	618,247 595,761	559,694 577,894	492,153 542,168	596,237 549,667
Outlier Median	573,886 582,572	290,486 538,116	626,498 212,434	25,336 126,559	55,219 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	7,709,590 3,662,910	8,849,248 3,730,911	10,198,152 4,081,319	11,243,922 4,643,908	16,345,941 4,389,147
Charity care Median	2,563,425 2,654,636	2,560,591 2,940,659	2,401,277 3,380,215	1,925,903 3,488,738	7,117,487 3,233,405
Uncompensated care (UCC) Median	16,955,225 5,147,790	17,299,304 5,337,617	19,097,488 5,711,082	17,783,355 5,923,418	13,346,392 5,508,107
UCC as a % of operating expenses Median	10.70% 3.24	10.92% 3.12	11.57% 3.21	10.84% 3.3	7.43% 2.86
Total shortfall/UCC Median	24,664,815 9,489,989	26,148,552 9,424,297	29,295,640 10,120,158	29,027,277 11,171,337	29,692,333 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	62,864,967 52,142,039	64,063,545 54,485,252	66,423,941 57,395,589	67,067,838 58,830,919	88,815,690 61,722,907
Salaries as a % of operating expenses Median	39.66 36.68	40.42 36.56	40.24 36.37	40.89 35.93	49.42 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	1,986,871 1,449,244	1,030,990 1,475,986	1,219,436 1,563,078	1,049,932 1,721,954	1,571,281 2,991,828
Contract hours, direct-care Median	30,975.83 22,725	18,688.00 23,018.5	22,143.24 24,503.48	22,094.00 25,026.5	87,839.70 33,786
Contract wages, direct-care Median	64.14 64.67	55.17 64.53	55.07 65.06	47.52 68.97	17.89 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.