As of the July, 2022, release via CMS

PIEDMONT FAYETTE HOSPITAL INC.

CMS id: 110215
1255 HIGHWAY 54 WEST, FAYETTEVILLE GA 30214. County: FAYETTE
System: PIEDMONT HEALTHCARE INC.
CBSA: Atlanta-Sandy Springs-Alpharetta, GA

The 290-bed, acute-care hospital had $79,519,570 in net service to patients*, with a total profit margin of 18.66983% in fiscal year 2021, the latest year available.
It spent 8.35% of its operating expenses on uncompensated care and reported $0 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	194 118	171 118	204 119.5	204 118	204 119
Total beds Median	228 162	228 162	290 162	290 162	290 163.5
FTEs Median	1,390.59 788.06	1,493.89 793.42	1,633.98 806.03	1,636.98 787.61	1,578.34 804.34

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	341,627,661 150,932,746	365,337,183 158,950,878	415,257,567 168,696,998	387,200,032 163,454,693	457,329,498 186,589,412
Operating expenses Median	311,471,074 149,311,209	328,343,972 156,110,414	353,234,600 164,890,568	370,956,606 166,516,854	377,809,928 180,120,888
Net income from service 2 patients (NS2P) ? Median	30,156,587 -964,173	36,993,211 -643,601.5	62,022,967 -116,254	16,243,426 -5,025,862	79,519,570 -1,284,564
NS2P margin ? Median	8.83% -0.62	10.13% -0.29	14.94% 0.18	4.20% -5.07	17.39% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for PIEDMONT FAYETTE 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	6,011,921 5,089,215	5,763,126 4,572,541	5,060,739 5,268,134	31,995,778 13,092,619	7,208,999 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	9,217 224,999	23,177 199,009	10,742 206,870.5	-1,522 194,343	7,310 249,496
⊳ Line 7: Investments ? ⊳ Median	135,940 299,524	168,379 188,688.5	106,994 370,813	50 309,361.5	65,217 375,329
⊳ 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	1,335,896	1,277,898	1,392,399	1,336,811	1,059,140
⊳ 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	338,454	339,600	322,771	264,469	206,230
⊳ Line 21: Rental of vending machines	0	0	77,946	70,491	60,316
⊳ Line 22: Rental of hospital space	2,372,445	2,539,630	2,869,830	2,904,919	3,269,942
⊳ 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	1,819,969	1,414,442	280,057	27,420,560	2,540,844
Total income ? Median	36,168,508 6,586,430	42,756,337 6,767,106	67,083,706 8,419,950	48,239,204 8,094,175	86,728,569 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	36,168,508 6,043,842	42,756,337 5,845,112	67,083,706 7,606,259	48,239,204 7,283,041	86,728,569 14,957,241
Net margin Median	10.40402% 4.62%	11.52150% 4.42%	15.96022% 5.16%	11.50756% 5.2%	18.66983% 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 FAYETTE 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	46,015,321 23,241,334	47,979,431 23,709,545	55,047,017 24,248,380	53,048,481 22,858,541	56,831,242 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	46,015,321 21,577,146	47,979,431 22,041,594	55,047,017 22,722,063	53,048,481 21,570,441	56,831,242 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	25,222,246 11,160,864	26,606,889 11,987,345	30,010,755 12,926,866	28,879,541 11,884,480	30,169,134 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	25,222,246 10,918,923	26,606,889 11,706,976	30,010,755 12,615,917	28,879,541 11,458,116	30,169,134 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	1,088,316 594,888	1,096,012 595,761	1,326,624 577,894	1,144,629 542,168	1,115,042 549,667
Outlier Median	1,099,002 582,572	1,000,112 538,116	1,234,441 212,434	48,655 126,559	72,086 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	1,684,138 3,662,910	2,754,118 3,730,911	2,240,312 4,081,319	3,644,033 4,643,908	0 4,389,147
Charity care Median	17,364,009 2,654,636	29,063,401 2,940,659	24,636,063 3,380,215	27,102,338 3,488,738	26,171,756 3,233,405
Uncompensated care (UCC) Median	21,370,187 5,147,790	31,561,979 5,337,617	27,983,460 5,711,082	30,752,325 5,923,418	31,534,165 5,508,107
UCC as a % of operating expenses Median	6.86% 3.24	9.61% 3.12	7.92% 3.21	8.29% 3.3	8.35% 2.86
Total shortfall/UCC Median	23,054,325 9,489,989	34,316,097 9,424,297	30,223,772 10,120,158	34,396,358 11,171,337	31,534,165 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	92,773,769 52,142,039	101,019,360 54,485,252	111,600,854 57,395,589	114,234,357 58,830,919	117,616,425 61,722,907
Salaries as a % of operating expenses Median	32.90 36.68	32.91 36.56	34.18 36.37	33.62 35.93	31.13 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	1,746,095 1,449,244	3,237,847 1,475,986	2,859,169 1,563,078	2,623,102 1,721,954	12,563,663 2,991,828
Contract hours, direct-care Median	25,171.00 22,725	51,613.00 23,018.5	39,716.00 24,503.48	39,508.67 25,026.5	84,189.00 33,786
Contract wages, direct-care Median	69.37 64.67	62.73 64.53	71.99 65.06	66.39 68.97	149.23 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.