As of the July, 2022, release via CMS

JACKSON PARK HOSPITAL

CMS id: 140177
7531 SOUTH STONEY ISLAND AVENUE, CHICAGO IL 60649. County: COOK
System: --
CBSA: Chicago-Naperville-Elgin, IL-IN-WI

The 183-bed, acute-care hospital had $-1,803,616 in net service to patients*, with a total profit margin of 7.84059% in fiscal year 2021, the latest year available.
It spent 6.63% 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	193 118	112 118	100 119.5	101 118	101 119
Total beds Median	201 162	120 162	108 162	183 162	183 163.5
FTEs Median	626.92 788.06	592.88 793.42	616.77 806.03	587.70 787.61	539.11 804.34

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	86,502,929 150,932,746	64,211,900 158,950,878	47,976,071 168,696,998	79,466,162 163,454,693	77,490,864 186,589,412
Operating expenses Median	81,767,098 149,311,209	85,824,231 156,110,414	83,427,478 164,890,568	79,481,691 166,516,854	79,294,480 180,120,888
Net income from service 2 patients (NS2P) ? Median	4,735,831 -964,173	-21,612,331 -643,601.5	-35,451,407 -116,254	-15,529 -5,025,862	-1,803,616 -1,284,564
NS2P margin ? Median	5.47% -0.62	-33.66% -0.29	-73.89% 0.18	-0.02% -5.07	-2.33% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for JACKSON 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	3,558,955 5,089,215	6,050,468 4,572,541	7,615,997 5,268,134	6,113,622 13,092,619	8,549,703 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	2,242,009 199,009	4,633,034 206,870.5	1,973,227 194,343	6,000 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	121,272 188,688.5	209,065 370,813	117,839 309,361.5	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	284,713	264,992	258,834	271,320	210,098
⊳ Line 15: Revenue from rental of living quarters	0	0	182,891	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	6,203	5,213	3,273	2,610
⊳ 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	53	0	0	0
⊳ Line 22: Rental of hospital space	168,752	0	556,201	318,848	505,440
⊳ 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	3,105,490	3,415,939	1,770,759	3,429,115	7,825,555
Total income ? Median	8,294,786 6,586,430	-15,561,863 6,767,106	-27,835,410 8,419,950	6,098,093 8,094,175	6,746,087 15,162,888
Non-operating expenses Median	0 146,289.5	258,252 164,857	36,697 89,880.5	0 106,761	0 31,473.5
Net income Median	8,294,786 6,043,842	-15,820,115 5,845,112	-27,872,107 7,606,259	6,098,093 7,283,041	6,746,087 14,957,241
Net margin Median	9.21010% 4.62%	-22.51577% 4.42%	-50.13684% 5.16%	7.12562% 5.2%	7.84059% 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 JACKSON 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	16,633,509 23,241,334	13,911,549 23,709,545	14,696,245 24,248,380	12,421,091 22,858,541	10,158,578 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	16,633,509 21,577,146	13,911,549 22,041,594	14,696,245 22,722,063	11,307,735 21,570,441	8,675,390 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	1,113,356 1,510,463	1,483,188 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	1,053,497 11,160,864	887,469 11,987,345	909,385 12,926,866	645,218 11,884,480	724,835 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	1,053,497 10,918,923	887,469 11,706,976	909,385 12,615,917	645,218 11,458,116	724,835 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	595,704 3,284,314	566,942 3,250,551	834,871 3,386,837	582,458 3,360,806	570,999 3,508,953
Disproportionate-share hospital (DSH) Median	1,353,652 594,888	1,060,353 595,761	1,080,092 577,894	703,799 542,168	451,674 549,667
Outlier Median	406,068 582,572	117,398 538,116	124,687 212,434	7,263 126,559	26,124 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	0 3,662,910	0 3,730,911	0 4,081,319	0 4,643,908	0 4,389,147
Charity care Median	1,629,857 2,654,636	2,315,843 2,940,659	2,912,214 3,380,215	2,064,446 3,488,738	1,898,502 3,233,405
Uncompensated care (UCC) Median	6,095,978 5,147,790	3,811,578 5,337,617	4,634,148 5,711,082	3,964,683 5,923,418	5,254,953 5,508,107
UCC as a % of operating expenses Median	7.46% 3.24	4.44% 3.12	5.55% 3.21	4.99% 3.3	6.63% 2.86
Total shortfall/UCC Median	6,095,978 9,489,989	3,811,578 9,424,297	4,634,148 10,120,158	3,964,683 11,171,337	5,254,953 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	36,762,228 52,142,039	36,818,514 54,485,252	37,992,202 57,395,589	37,202,816 58,830,919	35,916,737 61,722,907
Salaries as a % of operating expenses Median	68.12 36.68	43.63 36.56	46.15 36.37	46.81 35.93	45.30 35.24
Intern, resident salaries* Median	962,385 2,598,592	986,905 2,686,824	1,027,096 2,753,773	1,028,305 2,937,156	763,406 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	4,361,925 1,449,244	4,978,669 1,475,986	3,991,094 1,563,078	1,784,788 1,721,954	2,286,768 2,991,828
Contract hours, direct-care Median	66,784.00 22,725	74,252.00 23,018.5	54,419.00 24,503.48	29,751.00 25,026.5	32,442.00 33,786
Contract wages, direct-care Median	65.31 64.67	67.05 64.53	73.34 65.06	59.99 68.97	70.49 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.