As of the July, 2022, release via CMS

KATHERINE SHAW BETHEA

CMS id: 140012
KATHERINE SHAW BETHEA HOSPITAL, DIXON IL 61021. County: LEE
System: --
CBSA: Dixon, IL

The 80-bed, acute-care hospital had $-33,576,516 in net service to patients*, with a total profit margin of -10.85624% in fiscal year 2020, the latest year available.
It spent 0.63% of its operating expenses on uncompensated care and reported $10,299,181 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	--
Ownership	nfp	nfp	nfp	nfp	--
Acute beds Median	60 118	60 118	60 119.5	60 118	-- 119
Total beds Median	80 162	80 162	80 162	80 162	-- 163.5
FTEs Median	770.31 788.06	782.55 793.42	783.24 806.03	798.55 787.61	-- 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	134,174,221 150,932,746	131,071,258 158,950,878	138,368,732 168,696,998	118,714,897 163,454,693	-- 186,589,412
Operating expenses Median	132,997,903 149,311,209	135,057,499 156,110,414	146,009,787 164,890,568	152,291,413 166,516,854	-- 180,120,888
Net income from service 2 patients (NS2P) ? Median	1,176,318 -964,173	-3,986,241 -643,601.5	-7,641,055 -116,254	-33,576,516 -5,025,862	-- -1,284,564
NS2P margin ? Median	0.88% -0.62	-3.04% -0.29	-5.52% 0.18	-28.28% -5.07	--% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for KATHERINE SHAW BETHEA 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	3,918,187 5,089,215	7,187,217 4,572,541	6,002,657 5,268,134	18,826,338 13,092,619	-- 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	214,360 224,999	596,014 199,009	631,086 206,870.5	1,021,198 194,343	-- 249,496
⊳ Line 7: Investments ? ⊳ Median	1,091,422 299,524	-52,429 188,688.5	1,778,826 370,813	1,491,051 309,361.5	-- 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	17,816	8,279	0	0	--
⊳ Line 11: Rebates and refunds of expenses	0	29,106	0	0	--
⊳ Line 12: Parking lot receipts	28,954	0	0	0	--
⊳ Line 13: Revenue from laundry and linen service	0	0	0	0	--
⊳ Line 14: Revenue from meals sold to emplyees and guests	393,443	403,890	474,705	399,476	--
⊳ Line 15: Revenue from rental of living quarters	0	0	0	0	--
⊳ Line 16: Revenue from sale of medical and surgical supplies	4,783	18,948	0	0	--
⊳ Line 17: Revenue from sale of drugs to other than patients	0	0	0	0	--
⊳ Line 18: Revenue from sale of medical records and abstracts	48,017	48,580	0	0	--
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	3,147	5,420	0	0	--
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	0	0	0	0	--
⊳ Line 21: Rental of vending machines	0	0	0	0	--
⊳ Line 22: Rental of hospital space	381,711	431,497	441,901	483,688	--
⊳ Line 23: Gov appropriations ? ⊳ Median	165,009 1,017,693	0 983,261.5	0 1,173,286	0 1,987,202	-- 1,597,664
⊳ Sum Line 24	1,569,525	5,697,912	2,676,139	15,430,925	--
Total income ? Median	5,094,505 6,586,430	3,200,976 6,767,106	-1,638,398 8,419,950	-14,750,178 8,094,175	-- 15,162,888
Non-operating expenses Median	241,192 146,289.5	0 164,857	0 89,880.5	181,623 106,761	-- 31,473.5
Net income Median	4,853,313 6,043,842	3,200,976 5,845,112	-1,638,398 7,606,259	-14,931,801 7,283,041	-- 14,957,241
Net margin Median	3.51454% 4.62%	2.31521% 4.42%	-1.13485% 5.16%	-10.85624% 5.2%	--% 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 KATHERINE SHAW BETHEA 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	12,360,028 23,241,334	11,908,786 23,709,545	12,043,890 24,248,380	11,101,233 22,858,541	-- 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	11,368,240 21,577,146	11,432,640 22,041,594	11,788,965 22,722,063	10,919,009 21,570,441	-- 22,140,684
⊳ Swingbeds ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Tax Equity and Fiscal Responsibility Act payments (TEFRA) ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Inpatient psychiatric facility (IPF) ⊳ Median	991,788 1,845,420	476,146 1,757,392	254,925 1,738,842	182,224 1,510,463	-- 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	0 3,535,627	0 3,746,588	0 3,782,288	0 3,865,578	-- 3,983,889
⊳ Long-term care hospital (LTCH) ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Critical-access hospitals ⊳ Median	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	-- 1,179,746
All outpatient revenue Median Click here to show/hide details	13,453,174 11,160,864	13,622,607 11,987,345	14,565,808 12,926,866	12,357,020 11,884,480	-- 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	12,924,238 10,918,923	13,338,390 11,706,976	14,388,688 12,615,917	11,664,284 11,458,116	-- 12,776,716
⊳ Home Health agencies (HHA) ⊳ Median	528,936 1,282,808	284,217 1,407,728	177,120 1,341,512	692,736 1,407,046	-- 1,476,867
⊳ Community mental health clinics (CMHC) ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Rural health clinics ⊳ Median	0 618,038	0 697,279	0 690,232	0 684,010	-- 670,558
⊳ Other federally qualified health clinics ⊳ Median	0 --	0 --	0 --	0 --	-- --

Other payments

Item	2017	2018	2019	2020	2021
Graduate Medical Education (GME) Median	849,039 3,284,314	908,682 3,250,551	1,057,124 3,386,837	942,797 3,360,806	-- 3,508,953
Disproportionate-share hospital (DSH) Median	120,159 594,888	137,410 595,761	98,988 577,894	77,167 542,168	-- 549,667
Outlier Median	504,168 582,572	105,396 538,116	53,957 212,434	73,216 126,559	-- 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	6,301,634 3,662,910	5,924,867 3,730,911	9,075,086 4,081,319	10,299,181 4,643,908	-- 4,389,147
Charity care Median	989,876 2,654,636	1,766,718 2,940,659	869,013 3,380,215	922,407 3,488,738	-- 3,233,405
Uncompensated care (UCC) Median	3,707,423 5,147,790	2,364,311 5,337,617	6,399,781 5,711,082	962,608 5,923,418	-- 5,508,107
UCC as a % of operating expenses Median	2.79% 3.24	1.75% 3.12	4.38% 3.21	0.63% 3.3	--% 2.86
Total shortfall/UCC Median	10,009,057 9,489,989	8,289,178 9,424,297	15,474,867 10,120,158	11,261,789 11,171,337	-- 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	60,639,721 52,142,039	59,425,194 54,485,252	64,770,173 57,395,589	62,527,667 58,830,919	-- 61,722,907
Salaries as a % of operating expenses Median	45.59 36.68	44.00 36.56	44.36 36.37	41.06 35.93	-- 35.24
Intern, resident salaries* Median	0 2,598,592	0 2,686,824	0 2,753,773	0 2,937,156	-- 2,909,848
Contract intern, resident salaries* Median	600,606 1,251,927	609,006 1,186,494	590,978 1,204,885	0 1,279,653	-- 1,469,317
Contract adjusted salaries, direct-care Median	181,992 1,449,244	74,564 1,475,986	746,359 1,563,078	799,982 1,721,954	-- 2,991,828
Contract hours, direct-care Median	3,085.07 22,725	1,128.50 23,018.5	19,097.76 24,503.48	10,782.93 25,026.5	-- 33,786
Contract wages, direct-care Median	58.99 64.67	66.07 64.53	39.08 65.06	74.19 68.97	-- 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.