As of the July, 2022, release via CMS

UNION HOSPITAL INC.

CMS id: 150023
1606 NORTH SEVENTH ST, TERRE HAUTE IN 47804. County: VIGO
System: UNION HOSPITAL INC.
CBSA: Terre Haute, IN

The 259-bed, acute-care hospital had $43,377,301 in net service to patients*, with a total profit margin of 11.47912% in fiscal year 2021, the latest year available.
It spent 1.86% 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	182 118	182 118	203 119.5	203 118	205 119
Total beds Median	255 162	255 162	257 162	257 162	259 163.5
FTEs Median	1,468.06 788.06	1,449.84 793.42	1,450.15 806.03	1,383.39 787.61	1,451.91 804.34

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	423,232,473 150,932,746	440,442,230 158,950,878	480,102,484 168,696,998	477,470,629 163,454,693	528,187,939 186,589,412
Operating expenses Median	441,778,017 149,311,209	405,719,218 156,110,414	427,088,754 164,890,568	437,050,039 166,516,854	484,810,638 180,120,888
Net income from service 2 patients (NS2P) ? Median	-18,545,544 -964,173	34,723,012 -643,601.5	53,013,730 -116,254	40,420,590 -5,025,862	43,377,301 -1,284,564
NS2P margin ? Median	-4.38% -0.62	7.88% -0.29	11.04% 0.18	8.47% -5.07	8.21% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for UNION HOSPITAL INC. 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	24,411,805 5,089,215	16,580,706 4,572,541	33,924,468 5,268,134	63,526,505 13,092,619	58,408,637 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	0 199,009	0 206,870.5	0 194,343	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	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	24,411,805	16,580,706	33,924,468	63,526,505	58,408,637
Total income ? Median	5,866,261 6,586,430	51,303,718 6,767,106	86,938,198 8,419,950	103,947,095 8,094,175	101,785,938 15,162,888
Non-operating expenses Median	-8,428,261 146,289.5	37,793,654 164,857	25,417,787 89,880.5	45,364,596 106,761	34,449,809 31,473.5
Net income Median	14,294,522 6,043,842	13,510,064 5,845,112	61,520,411 7,606,259	58,582,499 7,283,041	67,336,129 14,957,241
Net margin Median	3.19328% 4.62%	2.95610% 4.42%	11.96832% 5.16%	10.82862% 5.2%	11.47912% 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 UNION HOSPITAL INC. 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	75,156,301 23,241,334	74,751,426 23,709,545	74,469,746 24,248,380	73,218,279 22,858,541	70,134,761 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	71,840,458 21,577,146	71,259,301 22,041,594	71,685,307 22,722,063	69,299,873 21,570,441	66,920,964 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	3,315,843 3,535,627	3,492,125 3,746,588	2,784,439 3,782,288	3,918,406 3,865,578	3,213,797 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	64,572,794 11,160,864	67,355,276 11,987,345	68,779,372 12,926,866	58,894,145 11,884,480	63,524,658 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	64,572,794 10,918,923	67,355,276 11,706,976	68,779,372 12,615,917	58,894,145 11,458,116	63,524,658 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	3,778,034 3,284,314	3,831,613 3,250,551	3,840,583 3,386,837	3,704,263 3,360,806	3,586,471 3,508,953
Disproportionate-share hospital (DSH) Median	1,804,947 594,888	1,850,763 595,761	1,755,341 577,894	1,698,255 542,168	1,642,039 549,667
Outlier Median	642,922 582,572	422,816 538,116	94,867 212,434	165,951 126,559	93,088 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	0 3,662,910	21,463,577 3,730,911	11,357,441 4,081,319	15,401,593 4,643,908	0 4,389,147
Charity care Median	7,738,079 2,654,636	11,004,367 2,940,659	6,180,125 3,380,215	6,745,273 3,488,738	3,364,802 3,233,405
Uncompensated care (UCC) Median	13,301,710 5,147,790	18,350,069 5,337,617	13,560,345 5,711,082	12,690,512 5,923,418	8,997,859 5,508,107
UCC as a % of operating expenses Median	3.01% 3.24	4.52% 3.12	3.18% 3.21	2.90% 3.3	1.86% 2.86
Total shortfall/UCC Median	13,301,710 9,489,989	39,813,646 9,424,297	24,917,786 10,120,158	28,092,105 11,171,337	8,997,859 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	92,802,566 52,142,039	91,617,467 54,485,252	94,518,236 57,395,589	98,082,569 58,830,919	111,153,642 61,722,907
Salaries as a % of operating expenses Median	28.27 36.68	27.11 36.56	27.26 36.37	27.90 35.93	28.67 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	3,070,495 1,449,244	4,652,811 1,475,986	3,351,893 1,563,078	1,083,788 1,721,954	8,768,906 2,991,828
Contract hours, direct-care Median	45,358.00 22,725	18,804.00 23,018.5	28,759.00 24,503.48	13,423.00 25,026.5	85,242.00 33,786
Contract wages, direct-care Median	67.69 64.67	247.44 64.53	116.55 65.06	80.74 68.97	102.87 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.