As of the July, 2022, release via CMS

COLQUITT REGIONAL MEDICAL CENTER

CMS id: 110105
3131 SOUTH MAIN STREET, MOULTRIE GA 31768. County: COLQUITT
System: --
CBSA: Moultrie, GA

The 141-bed, acute-care hospital had $-15,187,111 in net service to patients*, with a total profit margin of 17.95831% in fiscal year 2021, the latest year available.
It spent 7.78% of its operating expenses on uncompensated care and reported $39,749 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	84 118	84 118	84 119.5	96 118	96 119
Total beds Median	94 162	129 162	129 162	141 162	141 163.5
FTEs Median	1,980.04 788.06	1,037.14 793.42	1,091.69 806.03	1,076.87 787.61	1,039.31 804.34

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	68,446,287 150,932,746	121,551,823 158,950,878	133,610,777 168,696,998	144,289,296 163,454,693	172,808,992 186,589,412
Operating expenses Median	134,652,585 149,311,209	144,370,947 156,110,414	160,685,521 164,890,568	175,388,065 166,516,854	187,996,103 180,120,888
Net income from service 2 patients (NS2P) ? Median	-66,206,298 -964,173	-22,819,124 -643,601.5	-27,074,744 -116,254	-31,098,769 -5,025,862	-15,187,111 -1,284,564
NS2P margin ? Median	-96.73% -0.62	-18.77% -0.29	-20.26% 0.18	-21.55% -5.07	-8.79% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for COLQUITT REGIONAL 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	72,337,073 5,089,215	29,823,165 4,572,541	32,343,329 5,268,134	42,346,145 13,092,619	56,338,049 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	0 199,009	0 206,870.5	0 194,343	0 249,496
⊳ Line 7: Investments ? ⊳ Median	4,793,546 299,524	3,119,358 188,688.5	1,677,954 370,813	2,871,133 309,361.5	14,237,902 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	9,053	7,750	5,467	7,309	11,705
⊳ 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	764,842	748,300	778,941	585,371	646,205
⊳ 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	618,436	840,127	1,066,238	1,042,828	927,612
⊳ Line 18: Revenue from sale of medical records and abstracts	24,682	4,217	1,534	3,636	867
⊳ 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	271,167
⊳ Line 21: Rental of vending machines	7,250	0	0	0	0
⊳ Line 22: Rental of hospital space	0	40,950	83,055	665,600	92,858
⊳ 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	66,119,264	25,062,463	28,730,140	37,170,268	40,149,733
Total income ? Median	6,130,775 6,586,430	7,004,041 6,767,106	5,268,585 8,419,950	11,247,376 8,094,175	41,150,938 15,162,888
Non-operating expenses Median	0 146,289.5	102,916 164,857	0 89,880.5	0 106,761	0 31,473.5
Net income Median	6,130,775 6,043,842	6,901,125 5,845,112	5,268,585 7,606,259	11,247,376 7,283,041	41,150,938 14,957,241
Net margin Median	4.35476% 4.62%	4.55896% 4.42%	3.17472% 5.16%	6.02639% 5.2%	17.95831% 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 COLQUITT REGIONAL 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	14,805,487 23,241,334	14,580,821 23,709,545	15,289,942 24,248,380	16,591,588 22,858,541	19,123,534 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	14,805,487 21,577,146	14,580,821 22,041,594	15,289,942 22,722,063	16,591,588 21,570,441	19,123,534 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	9,206,122 11,160,864	10,823,996 11,987,345	11,570,785 12,926,866	10,654,358 11,884,480	11,322,237 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	8,994,472 10,918,923	10,640,981 11,706,976	11,391,770 12,615,917	10,493,780 11,458,116	11,108,384 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	211,650 618,038	183,015 697,279	179,015 690,232	160,578 684,010	213,853 670,558
⊳ Other federally qualified health clinics ⊳ Median	0 --	0 --	0 --	0 --	0 --

Other payments

Item	2017	2018	2019	2020	2021
Graduate Medical Education (GME) Median	413,139 3,284,314	654,624 3,250,551	1,351,166 3,386,837	1,619,447 3,360,806	1,712,014 3,508,953
Disproportionate-share hospital (DSH) Median	529,038 594,888	530,416 595,761	446,242 577,894	512,087 542,168	467,631 549,667
Outlier Median	340,126 582,572	396,437 538,116	80,329 212,434	74,841 126,559	94,857 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	80,020 3,662,910	90,102 3,730,911	105,973 4,081,319	64,112 4,643,908	39,749 4,389,147
Charity care Median	3,600,381 2,654,636	1,905,219 2,940,659	3,818,874 3,380,215	5,524,404 3,488,738	6,167,410 3,233,405
Uncompensated care (UCC) Median	11,714,083 5,147,790	14,453,563 5,337,617	8,686,823 5,711,082	15,030,481 5,923,418	14,629,907 5,508,107
UCC as a % of operating expenses Median	8.70% 3.24	10.01% 3.12	5.41% 3.21	8.57% 3.3	7.78% 2.86
Total shortfall/UCC Median	11,794,103 9,489,989	14,543,665 9,424,297	8,792,796 10,120,158	15,094,593 11,171,337	14,669,656 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	52,582,136 52,142,039	59,320,195 54,485,252	62,950,879 57,395,589	67,340,617 58,830,919	73,150,102 61,722,907
Salaries as a % of operating expenses Median	39.05 36.68	41.09 36.56	39.18 36.37	38.40 35.93	38.91 35.24
Intern, resident salaries* Median	602,692 2,598,592	1,125,419 2,686,824	1,302,614 2,753,773	1,511,959 2,937,156	1,741,333 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	0 1,449,244	0 1,475,986	0 1,563,078	0 1,721,954	0 2,991,828
Contract hours, direct-care Median	0.00 22,725	0.00 23,018.5	0.00 24,503.48	0.00 25,026.5	0.00 33,786
Contract wages, direct-care Median	0.00 64.67	0.00 64.53	0.00 65.06	0.00 68.97	0.00 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.