As of the July, 2022, release via CMS

SOUTH GEORGIA MEDICAL CENTER

CMS id: 110122
2501 NORTH PATTERSON STREET, VALDOSTA GA 31603. County: LOWNDES
System: --
CBSA: Valdosta, GA

The 292-bed, acute-care hospital had $-7,675,707 in net service to patients*, with a total profit margin of 16.11852% in fiscal year 2021, the latest year available.
It spent 9.18% of its operating expenses on uncompensated care and reported $98,289 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	226 118	226 118	175 119.5	195 118	181 119
Total beds Median	288 162	288 162	286 162	306 162	292 163.5
FTEs Median	2,287.92 788.06	2,324.96 793.42	2,450.46 806.03	2,355.20 787.61	2,318.59 804.34

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	314,739,624 150,932,746	325,795,463 158,950,878	333,680,790 168,696,998	364,313,817 163,454,693	401,983,647 186,589,412
Operating expenses Median	338,165,619 149,311,209	375,382,047 156,110,414	379,256,859 164,890,568	364,812,217 166,516,854	409,659,354 180,120,888
Net income from service 2 patients (NS2P) ? Median	-23,425,995 -964,173	-49,586,584 -643,601.5	-45,576,069 -116,254	-498,400 -5,025,862	-7,675,707 -1,284,564
NS2P margin ? Median	-7.44% -0.62	-15.22% -0.29	-13.66% 0.18	-0.14% -5.07	-1.91% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for SOUTH GEORGIA 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	35,188,227 5,089,215	31,228,696 4,572,541	14,961,731 5,268,134	27,728,644 13,092,619	86,395,163 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	706,042 224,999	692,321 199,009	888,878 206,870.5	1,152,270 194,343	1,532,549 249,496
⊳ Line 7: Investments ? ⊳ Median	26,277,184 299,524	20,825,924 188,688.5	6,608,974 370,813	12,923,197 309,361.5	43,517,076 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	401,545	859,580	1,271,365	1,236,110	814,658
⊳ Line 11: Rebates and refunds of expenses	1,079,066	820,511	0	0	4,714
⊳ 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	2,157,987	2,182,554	1,779,196	1,623,831	1,552,204
⊳ 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	3,487,833	3,512,745	3,455,299	3,578,286	3,726,961
⊳ Line 18: Revenue from sale of medical records and abstracts	133,826	71,096	80,400	65,937	70,645
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	0	0	0
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	684,792	633,021	628,509	457,094	305,742
⊳ Line 21: Rental of vending machines	156,437	117,157	63	0	0
⊳ Line 22: Rental of hospital space	7,469	12,667	8,295	11,779	230,445
⊳ Line 23: Gov appropriations ? ⊳ Median	14,424 1,017,693	20,538 983,261.5	0 1,173,286	33,901 1,987,202	0 1,597,664
⊳ Sum Line 24	81,622	1,480,582	240,752	6,646,239	34,640,169
Total income ? Median	11,762,232 6,586,430	-18,357,888 6,767,106	-30,614,338 8,419,950	27,230,244 8,094,175	78,719,456 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	11,762,232 6,043,842	-18,357,888 5,845,112	-30,614,338 7,606,259	27,230,244 7,283,041	78,719,456 14,957,241
Net margin Median	3.36133% 4.62%	-5.14192% 4.42%	-8.78101% 5.16%	6.94574% 5.2%	16.11852% 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 SOUTH GEORGIA 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	49,404,888 23,241,334	49,546,115 23,709,545	53,055,094 24,248,380	57,390,740 22,858,541	53,956,876 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	46,069,137 21,577,146	46,310,548 22,041,594	50,161,786 22,722,063	54,498,063 21,570,441	51,402,414 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	3,335,751 3,535,627	3,235,567 3,746,588	2,893,308 3,782,288	2,892,677 3,865,578	2,554,462 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	27,703,550 11,160,864	28,200,150 11,987,345	30,050,855 12,926,866	33,557,758 11,884,480	33,830,281 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	27,703,550 10,918,923	28,200,150 11,706,976	30,050,855 12,615,917	33,557,758 11,458,116	33,830,281 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	0 3,508,953
Disproportionate-share hospital (DSH) Median	1,581,746 594,888	1,448,182 595,761	1,540,587 577,894	1,202,972 542,168	1,346,516 549,667
Outlier Median	3,512,972 582,572	3,895,051 538,116	605,423 212,434	679,752 126,559	773,598 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	117,206 3,662,910	117,574 3,730,911	116,133 4,081,319	87,605 4,643,908	98,289 4,389,147
Charity care Median	12,732,657 2,654,636	19,780,238 2,940,659	17,962,678 3,380,215	20,930,648 3,488,738	25,964,878 3,233,405
Uncompensated care (UCC) Median	23,482,538 5,147,790	27,136,642 5,337,617	35,673,326 5,711,082	35,698,146 5,923,418	37,602,064 5,508,107
UCC as a % of operating expenses Median	6.94% 3.24	7.23% 3.12	9.41% 3.21	9.79% 3.3	9.18% 2.86
Total shortfall/UCC Median	23,599,744 9,489,989	27,254,216 9,424,297	35,789,459 10,120,158	35,785,751 11,171,337	37,700,353 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	112,545,044 52,142,039	121,525,965 54,485,252	132,190,237 57,395,589	130,899,568 58,830,919	138,030,510 61,722,907
Salaries as a % of operating expenses Median	33.28 36.68	32.37 36.56	34.86 36.37	35.88 35.93	33.69 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	2,889,995 1,449,244	14,156,840 1,475,986	8,141,599 1,563,078	4,932,911 1,721,954	19,626,459 2,991,828
Contract hours, direct-care Median	40,518.00 22,725	185,495.00 23,018.5	110,819.87 24,503.48	62,363.48 25,026.5	169,002.33 33,786
Contract wages, direct-care Median	71.33 64.67	76.32 64.53	73.47 65.06	79.10 68.97	116.13 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.