As of the July, 2022, release via CMS

CONDELL MEDICAL CENTER

CMS id: 140202
900 GARFIELD AVE, LIBERTYVILLE IL 60648. County: LAKE
System: ADVOCATE HEALTH CARE
CBSA: Chicago-Naperville-Elgin, IL-IN-WI

The 257-bed, acute-care hospital had $18,681,295 in net service to patients*, with a total profit margin of 6.57045% in fiscal year 2021, the latest year available.
It spent 3.82% of its operating expenses on uncompensated care and reported $6,599,961 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	254 118	256 118	256 119.5	256 118	240 119
Total beds Median	271 162	273 162	273 162	273 162	257 163.5
FTEs Median	1,443.00 788.06	1,444.89 793.42	1,481.70 806.03	1,305.67 787.61	1,290.65 804.34

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	358,582,578 150,932,746	355,044,083 158,950,878	363,674,349 168,696,998	329,350,853 163,454,693	367,219,041 186,589,412
Operating expenses Median	308,442,126 149,311,209	312,224,725 156,110,414	329,101,886 164,890,568	340,452,266 166,516,854	348,537,746 180,120,888
Net income from service 2 patients (NS2P) ? Median	50,140,452 -964,173	42,819,358 -643,601.5	34,572,463 -116,254	-11,101,413 -5,025,862	18,681,295 -1,284,564
NS2P margin ? Median	13.98% -0.62	12.06% -0.29	9.51% 0.18	-3.37% -5.07	5.09% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for CONDELL MEDICAL CENTER 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	4,346,038 5,089,215	3,704,908 4,572,541	4,184,419 5,268,134	41,766,432 13,092,619	7,008,347 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	225 224,999	3,333 199,009	3,607 206,870.5	399,003 194,343	1,802,008 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	0 188,688.5	0 370,813	0 309,361.5	15 375,329
⊳ 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	1,053,753	1,107,160	1,179,246	202,196	269,596
⊳ 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	576,163	75,266	57,312	320	0
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	228,748	175,123	196,724	229,036	183,708
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	286,104	278,882	276,055	644,882	623,329
⊳ Line 21: Rental of vending machines	0	0	0	0	0
⊳ Line 22: Rental of hospital space	872,622	0	820,671	793,172	588,085
⊳ Line 23: Gov appropriations ? ⊳ Median	0 1,017,693	863,403 983,261.5	4,386 1,173,286	128,120 1,987,202	199,286 1,597,664
⊳ Sum Line 24	1,328,423	1,201,741	1,637,848	39,358,497	3,318,260
Total income ? Median	54,486,490 6,586,430	46,524,266 6,767,106	38,756,882 8,419,950	30,665,019 8,094,175	25,689,642 15,162,888
Non-operating expenses Median	-50,079 146,289.5	1,521,278 164,857	639,793 89,880.5	2,936,886 106,761	1,101,200 31,473.5
Net income Median	54,536,569 6,043,842	45,002,988 5,845,112	38,117,089 7,606,259	27,728,133 7,283,041	24,588,442 14,957,241
Net margin Median	15.02680% 4.62%	12.54442% 4.42%	10.36188% 5.16%	7.47153% 5.2%	6.57045% 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 CONDELL MEDICAL CENTER 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	66,738,637 23,241,334	71,049,023 23,709,545	72,656,975 24,248,380	68,360,944 22,858,541	65,499,800 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	66,738,637 21,577,146	71,049,023 22,041,594	72,656,975 22,722,063	68,360,944 21,570,441	65,499,800 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	28,954,750 11,160,864	31,056,128 11,987,345	32,682,483 12,926,866	26,562,462 11,884,480	29,014,153 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	28,954,750 10,918,923	31,056,128 11,706,976	32,682,483 12,615,917	26,562,462 11,458,116	29,014,153 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	884,766 594,888	549,687 595,761	478,182 577,894	592,907 542,168	462,487 549,667
Outlier Median	602,126 582,572	700,575 538,116	153,324 212,434	170,975 126,559	206,433 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	0 3,662,910	3,570,804 3,730,911	1,576,295 4,081,319	0 4,643,908	6,599,961 4,389,147
Charity care Median	7,999,992 2,654,636	9,802,853 2,940,659	12,978,668 3,380,215	10,442,990 3,488,738	9,325,155 3,233,405
Uncompensated care (UCC) Median	12,751,276 5,147,790	14,604,929 5,337,617	17,354,753 5,711,082	19,290,604 5,923,418	13,326,285 5,508,107
UCC as a % of operating expenses Median	4.13% 3.24	4.68% 3.12	5.27% 3.21	5.67% 3.3	3.82% 2.86
Total shortfall/UCC Median	12,751,276 9,489,989	18,175,733 9,424,297	18,931,048 10,120,158	19,290,604 11,171,337	19,926,246 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	103,636,225 52,142,039	105,798,812 54,485,252	108,753,245 57,395,589	109,246,353 58,830,919	105,278,378 61,722,907
Salaries as a % of operating expenses Median	33.60 36.68	33.89 36.56	33.05 36.37	32.09 35.93	30.21 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	1,171,321 1,449,244	581,437 1,475,986	699,169 1,563,078	1,563,691 1,721,954	4,297,734 2,991,828
Contract hours, direct-care Median	19,046.00 22,725	10,199.00 23,018.5	9,138.00 24,503.48	17,425.00 25,026.5	30,033.00 33,786
Contract wages, direct-care Median	61.50 64.67	57.01 64.53	76.51 65.06	89.74 68.97	143.10 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.