As of the July, 2022, release via CMS

PIEDMONT HOSPITAL INC.

CMS id: 110083
1968 PEACHTREE RD. NW., ATLANTA GA 30309. County: FULTON
System: PIEDMONT HEALTHCARE INC.
CBSA: Atlanta-Sandy Springs-Alpharetta, GA

The 544-bed, acute-care hospital had $44,161,997 in net service to patients*, with a total profit margin of 6.03189% in fiscal year 2021, the latest year available.
It spent 3.64% of its operating expenses on uncompensated care and reported $9,164,655 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	403 118	404 118	407 119.5	407 118	422 119
Total beds Median	505 162	508 162	512 162	512 162	544 163.5
FTEs Median	3,138.59 788.06	3,161.07 793.42	3,159.06 806.03	3,101.85 787.61	3,125.83 804.34

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	936,052,095 150,932,746	946,187,728 158,950,878	970,174,808 168,696,998	952,850,012 163,454,693	1,119,898,652 186,589,412
Operating expenses Median	909,946,790 149,311,209	916,360,534 156,110,414	910,331,174 164,890,568	928,478,411 166,516,854	1,075,736,655 180,120,888
Net income from service 2 patients (NS2P) ? Median	26,105,305 -964,173	29,827,194 -643,601.5	59,843,634 -116,254	24,371,601 -5,025,862	44,161,997 -1,284,564
NS2P margin ? Median	2.79% -0.62	3.15% -0.29	6.17% 0.18	2.56% -5.07	3.94% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for PIEDMONT HOSPITAL INC. 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	30,951,082 5,089,215	31,935,487 4,572,541	31,348,528 5,268,134	55,196,934 13,092,619	30,568,354 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	1,118,960 224,999	750,508 199,009	489,171 206,870.5	0 194,343	33,615 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	0 188,688.5	0 370,813	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	3,024,252	2,494,789	2,731,951
⊳ Line 13: Revenue from laundry and linen service	0	0	0	0	0
⊳ Line 14: Revenue from meals sold to emplyees and guests	0	0	2,303,215	1,837,703	1,374,053
⊳ 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	0	0	16,056,976	17,015,375	16,094,232
⊳ 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	29,832,122	31,184,979	9,474,914	33,849,067	10,334,503
Total income ? Median	57,056,387 6,586,430	61,762,681 6,767,106	91,192,162 8,419,950	79,568,535 8,094,175	74,730,351 15,162,888
Non-operating expenses Median	0 146,289.5	0 164,857	0 89,880.5	1,615,249 106,761	5,335,484 31,473.5
Net income Median	57,056,387 6,043,842	61,762,681 5,845,112	91,192,162 7,606,259	77,953,286 7,283,041	69,394,867 14,957,241
Net margin Median	5.90033% 4.62%	6.31441% 4.42%	9.10535% 5.16%	7.73310% 5.2%	6.03189% 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 PIEDMONT HOSPITAL INC. 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	140,456,285 23,241,334	143,080,496 23,709,545	142,723,509 24,248,380	146,561,957 22,858,541	162,483,976 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	140,456,285 21,577,146	143,080,496 22,041,594	142,723,509 22,722,063	146,561,957 21,570,441	162,483,976 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	52,582,256 11,160,864	53,032,329 11,987,345	57,255,096 12,926,866	53,858,726 11,884,480	61,013,779 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	52,582,256 10,918,923	53,032,329 11,706,976	57,255,096 12,615,917	53,858,726 11,458,116	61,013,779 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	678,474 3,284,314	658,570 3,250,551	690,874 3,386,837	781,440 3,360,806	817,439 3,508,953
Disproportionate-share hospital (DSH) Median	0 594,888	0 595,761	0 577,894	0 542,168	0 549,667
Outlier Median	14,810,743 582,572	13,127,263 538,116	12,025,553 212,434	659,306 126,559	797,719 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	6,747,415 3,662,910	8,089,294 3,730,911	12,064,855 4,081,319	6,847,559 4,643,908	9,164,655 4,389,147
Charity care Median	28,996,250 2,654,636	35,674,678 2,940,659	36,979,464 3,380,215	33,205,855 3,488,738	33,621,459 3,233,405
Uncompensated care (UCC) Median	35,833,066 5,147,790	40,400,291 5,337,617	42,078,663 5,711,082	37,228,996 5,923,418	39,207,593 5,508,107
UCC as a % of operating expenses Median	3.94% 3.24	4.41% 3.12	4.62% 3.21	4.01% 3.3	3.64% 2.86
Total shortfall/UCC Median	42,580,481 9,489,989	48,489,585 9,424,297	54,143,518 10,120,158	44,076,555 11,171,337	48,372,248 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	221,820,368 52,142,039	225,569,759 54,485,252	226,332,016 57,395,589	229,557,086 58,830,919	243,228,305 61,722,907
Salaries as a % of operating expenses Median	25.29 36.68	24.62 36.56	24.86 36.37	24.72 35.93	22.61 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	6,375,420 1,449,244	7,720,159 1,475,986	7,201,394 1,563,078	9,725,522 1,721,954	36,247,344 2,991,828
Contract hours, direct-care Median	95,893.00 22,725	112,616.00 23,018.5	100,175.00 24,503.48	139,401.00 25,026.5	284,836.00 33,786
Contract wages, direct-care Median	66.48 64.67	68.55 64.53	71.89 65.06	69.77 68.97	127.26 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.