As of the July, 2022, release via CMS

PRESENCE SAINT FRANCIS HOSPITAL

CMS id: 140080
355 RIDGE AVENUE, EVANSTON IL 60202. County: COOK
System: ALEXIAN BROTHERS HEALTH SYSTEM
CBSA: Chicago-Naperville-Elgin, IL-IN-WI

The 146-bed, acute-care hospital had $-24,422,326 in net service to patients*, with a total profit margin of -3.98571% in fiscal year 2021, the latest year available.
It spent 2.64% of its operating expenses on uncompensated care and reported $8,272,748 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	181	365	366	365
Ownership	nfp	nfp	nfp	nfp	nfp
Acute beds Median	169 118	169 118	155 119.5	136 118	120 119
Total beds Median	195 162	195 162	181 162	162 162	146 163.5
FTEs Median	827.67 788.06	778.00 793.42	768.80 806.03	621.71 787.61	621.71 804.34

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	173,732,041 150,932,746	87,027,381 158,950,878	172,394,581 168,696,998	155,538,161 163,454,693	163,658,449 186,589,412
Operating expenses Median	175,944,361 149,311,209	88,357,573 156,110,414	182,234,149 164,890,568	191,577,766 166,516,854	188,080,775 180,120,888
Net income from service 2 patients (NS2P) ? Median	-2,212,320 -964,173	-1,330,192 -643,601.5	-9,839,568 -116,254	-36,039,605 -5,025,862	-24,422,326 -1,284,564
NS2P margin ? Median	-1.27% -0.62	-1.53% -0.29	-5.71% 0.18	-23.17% -5.07	-14.92% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for PRESENCE SAINT FRANCIS 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	5,610,015 5,089,215	2,655,967 4,572,541	2,478,423 5,268,134	14,525,698 13,092,619	17,213,305 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	317,429 224,999	60,156 199,009	2,125 206,870.5	151,470 194,343	0 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	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	16,528	8,135	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	690,525	339,800	666,567	551,118	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	48,058	89,306	0	0	0
⊳ Line 22: Rental of hospital space	120,663	60,332	120,663	119,679	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	4,416,812	2,098,238	1,689,068	13,703,431	17,213,305
Total income ? Median	3,397,695 6,586,430	1,325,775 6,767,106	-7,361,145 8,419,950	-21,513,907 8,094,175	-7,209,021 15,162,888
Non-operating expenses Median	1,078,772 146,289.5	556,037 164,857	0 89,880.5	0 106,761	0 31,473.5
Net income Median	2,318,923 6,043,842	769,738 5,845,112	-7,361,145 7,606,259	-21,513,907 7,283,041	-7,209,021 14,957,241
Net margin Median	1.29302% 4.62%	0.85828% 4.42%	-4.20942% 5.16%	-12.65049% 5.2%	-3.98571% 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 PRESENCE SAINT FRANCIS 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	42,532,561 23,241,334	21,032,276 23,709,545	42,415,866 24,248,380	42,731,206 22,858,541	41,557,885 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	42,532,561 21,577,146	21,032,276 22,041,594	42,415,866 22,722,063	42,731,206 21,570,441	41,557,885 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	21,127,009 11,160,864	11,545,609 11,987,345	20,691,875 12,926,866	16,461,080 11,884,480	16,634,612 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	21,127,009 10,918,923	11,545,609 11,706,976	20,691,875 12,615,917	16,461,080 11,458,116	16,634,612 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	11,602,472 3,284,314	5,923,829 3,250,551	11,551,029 3,386,837	12,263,655 3,360,806	12,173,222 3,508,953
Disproportionate-share hospital (DSH) Median	1,378,032 594,888	628,309 595,761	1,399,243 577,894	1,287,490 542,168	1,099,545 549,667
Outlier Median	690,176 582,572	230,750 538,116	287,584 212,434	58,923 126,559	114,868 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	1,041,439 3,662,910	4,273,958 3,730,911	0 4,081,319	13,082,045 4,643,908	8,272,748 4,389,147
Charity care Median	3,058,362 2,654,636	2,053,877 2,940,659	5,373,249 3,380,215	6,755,627 3,488,738	4,288,842 3,233,405
Uncompensated care (UCC) Median	4,175,552 5,147,790	3,441,672 5,337,617	6,770,384 5,711,082	8,433,988 5,923,418	4,972,944 5,508,107
UCC as a % of operating expenses Median	2.37% 3.24	3.90% 3.12	3.72% 3.21	4.40% 3.3	2.64% 2.86
Total shortfall/UCC Median	5,216,991 9,489,989	7,715,630 9,424,297	6,770,384 10,120,158	21,516,033 11,171,337	13,245,692 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	54,155,252 52,142,039	26,332,612 54,485,252	53,742,488 57,395,589	48,188,492 58,830,919	46,201,030 61,722,907
Salaries as a % of operating expenses Median	30.59 36.68	29.62 36.56	29.40 36.37	25.15 35.93	24.56 35.24
Intern, resident salaries* Median	4,933,141 2,598,592	2,504,962 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	3,373,682 1,449,244	2,053,629 1,475,986	4,785,594 1,563,078	1,320,809 1,721,954	4,527,307 2,991,828
Contract hours, direct-care Median	82,325.00 22,725	49,865.00 23,018.5	110,550.00 24,503.48	14,031.00 25,026.5	97,722.00 33,786
Contract wages, direct-care Median	40.98 64.67	41.18 64.53	43.29 65.06	94.14 68.97	46.33 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.