As of the July, 2022, release via CMS

CARTERSVILLE MEDICAL CENTER

CMS id: 110030
960 JOE FRANK HARRIS PARKWAY, CARTERSVILLE GA 30120. County: BARTOW
System: PIEDMONT HEALTHCARE INC.
CBSA: Atlanta-Sandy Springs-Alpharetta, GA

The 119-bed, acute-care hospital had $62,205,680 in net service to patients*, with a total profit margin of 77.10128% in fiscal year 2021, the latest year available.
It spent 13.35% of its operating expenses on uncompensated care and reported $1,024 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	forprofit	forprofit	forprofit	forprofit	nfp
Acute beds Median	98 118	98 118	98 119.5	98 118	98 119
Total beds Median	119 162	119 162	119 162	119 162	119 163.5
FTEs Median	556.38 788.06	567.90 793.42	578.45 806.03	573.60 787.61	573.79 804.34

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	139,616,943 150,932,746	148,871,264 158,950,878	151,540,808 168,696,998	148,833,311 163,454,693	167,137,508 186,589,412
Operating expenses Median	100,802,880 149,311,209	101,553,892 156,110,414	100,947,816 164,890,568	99,977,002 166,516,854	104,931,828 180,120,888
Net income from service 2 patients (NS2P) ? Median	38,814,063 -964,173	47,317,372 -643,601.5	50,592,992 -116,254	48,856,309 -5,025,862	62,205,680 -1,284,564
NS2P margin ? Median	27.80% -0.62	31.78% -0.29	33.39% 0.18	32.83% -5.07	37.22% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for CARTERSVILLE MEDICAL CENTER 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	994,331 5,089,215	501,132 4,572,541	557,485 5,268,134	-116,514 13,092,619	291,105,738 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	22,601 224,999	0 199,009	0 206,870.5	0 194,343	0 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	0 188,688.5	56,031 370,813	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	452,670	457,314	454,597	0	299,728
⊳ 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	167	1,251	536	0	53
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	0	0	1,500
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	0	0	0	0	0
⊳ Line 21: Rental of vending machines	4,497	0	0	0	1,853
⊳ Line 22: Rental of hospital space	0	0	0	0	717,594
⊳ 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	514,396	42,567	46,321	-116,514	290,085,010
Total income ? Median	39,808,394 6,586,430	47,818,504 6,767,106	51,150,477 8,419,950	48,739,795 8,094,175	353,311,418 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	39,808,394 6,043,842	47,818,504 5,845,112	51,150,477 7,606,259	48,739,795 7,283,041	353,311,418 14,957,241
Net margin Median	28.31095% 4.62%	32.01295% 4.42%	33.62988% 5.16%	32.77356% 5.2%	77.10128% 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 CARTERSVILLE MEDICAL CENTER 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	23,476,549 23,241,334	26,429,113 23,709,545	27,920,201 24,248,380	26,071,117 22,858,541	23,500,591 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	23,476,549 21,577,146	26,429,113 22,041,594	27,920,201 22,722,063	26,071,117 21,570,441	23,500,591 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	11,031,361 11,160,864	10,973,934 11,987,345	11,453,368 12,926,866	10,073,096 11,884,480	9,633,903 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	11,031,361 10,918,923	10,973,934 11,706,976	11,453,368 12,615,917	10,073,096 11,458,116	9,633,903 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	7,937 3,284,314	43,358 3,250,551	133,896 3,386,837	179,211 3,360,806	152,557 3,508,953
Disproportionate-share hospital (DSH) Median	560,164 594,888	662,583 595,761	648,589 577,894	576,702 542,168	288,166 549,667
Outlier Median	226,800 582,572	125,146 538,116	34,985 212,434	35,336 126,559	30,953 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	5,462 3,662,910	4,045 3,730,911	5,855 4,081,319	362 4,643,908	1,024 4,389,147
Charity care Median	10,612,248 2,654,636	12,269,506 2,940,659	10,997,382 3,380,215	12,684,691 3,488,738	12,052,106 3,233,405
Uncompensated care (UCC) Median	12,550,759 5,147,790	14,122,652 5,337,617	13,156,899 5,711,082	14,865,143 5,923,418	14,011,373 5,508,107
UCC as a % of operating expenses Median	12.45% 3.24	13.91% 3.12	13.03% 3.21	14.87% 3.3	13.35% 2.86
Total shortfall/UCC Median	12,556,221 9,489,989	14,126,697 9,424,297	13,162,754 10,120,158	14,865,505 11,171,337	14,012,397 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	38,429,798 52,142,039	40,140,365 54,485,252	41,257,271 57,395,589	42,012,463 58,830,919	44,644,724 61,722,907
Salaries as a % of operating expenses Median	38.12 36.68	39.31 36.56	40.87 36.37	40.60 35.93	41.17 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	256,113 1,279,653	124,789 1,469,317
Contract adjusted salaries, direct-care Median	1,233,626 1,449,244	1,740,244 1,475,986	2,063,852 1,563,078	1,496,214 1,721,954	7,050,218 2,991,828
Contract hours, direct-care Median	24,788.00 22,725	35,559.00 23,018.5	32,615.00 24,503.48	27,318.00 25,026.5	105,028.13 33,786
Contract wages, direct-care Median	49.77 64.67	48.94 64.53	63.28 65.06	54.77 68.97	67.13 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.