As of the July, 2022, release via CMS

OAK PARK HOSPITAL

CMS id: 140063
520 SOUTH MAPLE, OAK PARK IL 60603. County: COOK
System: --
CBSA: Chicago-Naperville-Elgin, IL-IN-WI

The 185-bed, acute-care hospital had $11,751,193 in net service to patients*, with a total profit margin of 15.26729% in fiscal year 2021, the latest year available.
It spent 3.26% of its operating expenses on uncompensated care and reported $8,680,264 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	151 118	151 118	151 119.5	151 118	171 119
Total beds Median	237 162	237 162	201 162	201 162	185 163.5
FTEs Median	768.35 788.06	786.22 793.42	795.97 806.03	840.41 787.61	792.08 804.34

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	131,281,591 150,932,746	133,751,352 158,950,878	143,712,219 168,696,998	136,356,334 163,454,693	160,552,960 186,589,412
Operating expenses Median	123,383,880 149,311,209	131,473,910 156,110,414	136,140,480 164,890,568	149,141,504 166,516,854	148,801,767 180,120,888
Net income from service 2 patients (NS2P) ? Median	7,897,711 -964,173	2,277,442 -643,601.5	7,571,739 -116,254	-12,785,170 -5,025,862	11,751,193 -1,284,564
NS2P margin ? Median	6.02% -0.62	1.70% -0.29	5.27% 0.18	-9.38% -5.07	7.32% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for OAK PARK HOSPITAL 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	-91,711 5,089,215	10,263,804 4,572,541	8,238,946 5,268,134	9,732,660 13,092,619	25,319,044 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	12,379 224,999	0 199,009	0 206,870.5	0 194,343	0 249,496
⊳ Line 7: Investments ? ⊳ Median	79,036 299,524	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	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	0	0	0	0	0
⊳ 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	0	0	0
⊳ 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	-183,126	10,263,804	8,238,946	9,732,660	25,319,044
Total income ? Median	7,806,000 6,586,430	12,541,246 6,767,106	15,810,685 8,419,950	-3,052,510 8,094,175	37,070,237 15,162,888
Non-operating expenses Median	0 146,289.5	7,446,248 164,857	7,900,783 89,880.5	8,770,335 106,761	8,692,619 31,473.5
Net income Median	7,806,000 6,043,842	5,094,998 5,845,112	7,909,902 7,606,259	-11,822,845 7,283,041	28,377,618 14,957,241
Net margin Median	5.95015% 4.62%	3.53782% 4.42%	5.20556% 5.16%	-8.09291% 5.2%	15.26729% 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 OAK PARK HOSPITAL 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	21,110,419 23,241,334	21,561,876 23,709,545	21,437,945 24,248,380	22,077,676 22,858,541	21,554,986 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	18,364,342 21,577,146	18,634,662 22,041,594	19,221,111 22,722,063	19,869,854 21,570,441	21,159,117 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	801,756 3,535,627	959,743 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	1,944,321 1,203,033	1,967,471 1,215,295	2,216,834 1,313,657	2,207,822 1,365,298	395,869 1,179,746
All outpatient revenue Median Click here to show/hide details	11,862,561 11,160,864	13,171,946 11,987,345	13,977,410 12,926,866	12,536,644 11,884,480	14,524,665 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	11,862,561 10,918,923	13,171,946 11,706,976	13,977,410 12,615,917	12,536,644 11,458,116	14,524,665 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	424,722 3,284,314	417,230 3,250,551	434,276 3,386,837	455,561 3,360,806	491,465 3,508,953
Disproportionate-share hospital (DSH) Median	312,352 594,888	336,604 595,761	297,814 577,894	395,272 542,168	377,191 549,667
Outlier Median	344,805 582,572	469,973 538,116	95,349 212,434	23,060 126,559	13,056 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	964,178 3,662,910	4,800,958 3,730,911	6,850,838 4,081,319	11,183,128 4,643,908	8,680,264 4,389,147
Charity care Median	2,362,782 2,654,636	3,236,502 2,940,659	2,819,842 3,380,215	4,405,234 3,488,738	2,889,510 3,233,405
Uncompensated care (UCC) Median	3,490,215 5,147,790	4,860,965 5,337,617	4,658,855 5,711,082	6,748,015 5,923,418	4,844,131 5,508,107
UCC as a % of operating expenses Median	2.83% 3.24	3.70% 3.12	3.42% 3.21	4.52% 3.3	3.26% 2.86
Total shortfall/UCC Median	4,454,393 9,489,989	9,661,923 9,424,297	11,509,693 10,120,158	17,931,143 11,171,337	13,524,395 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	57,115,972 52,142,039	59,429,019 54,485,252	62,436,510 57,395,589	69,697,691 58,830,919	66,786,218 61,722,907
Salaries as a % of operating expenses Median	46.29 36.68	45.20 36.56	45.86 36.37	46.73 35.93	44.88 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	234,504 1,251,927	256,748 1,186,494	269,776 1,204,885	308,115 1,279,653	326,046 1,469,317
Contract adjusted salaries, direct-care Median	591,364 1,449,244	971,846 1,475,986	1,322,901 1,563,078	1,285,251 1,721,954	772,928 2,991,828
Contract hours, direct-care Median	20,040.00 22,725	26,808.68 23,018.5	38,152.08 24,503.48	38,249.00 25,026.5	10,327.57 33,786
Contract wages, direct-care Median	29.51 64.67	36.25 64.53	34.67 65.06	33.60 68.97	74.84 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.