As of the July, 2022, release via CMS

FRANCISCAN HEALTH- DYER

CMS id: 150090
24 JOLIET STREET, DYER IN 46311. County: LAKE
System: FRANCISCAN ALLIANCE INC
CBSA: Chicago-Naperville-Elgin, IL-IN-WI

The 134-bed, acute-care hospital had $-65,611,876 in net service to patients*, with a total profit margin of -47.23503% in fiscal year 2020, the latest year available.
It spent 4.92% of its operating expenses on uncompensated care and reported $12,942,970 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	--
Ownership	nfp	nfp	nfp	nfp	--
Acute beds Median	111 118	96 118	90 119.5	90 118	-- 119
Total beds Median	162 162	140 162	134 162	134 162	-- 163.5
FTEs Median	886.93 788.06	870.18 793.42	853.13 806.03	869.25 787.61	-- 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	173,103,303 150,932,746	182,106,215 158,950,878	179,355,549 168,696,998	96,918,434 163,454,693	-- 186,589,412
Operating expenses Median	158,253,052 149,311,209	170,495,175 156,110,414	167,995,650 164,890,568	162,530,310 166,516,854	-- 180,120,888
Net income from service 2 patients (NS2P) ? Median	14,850,251 -964,173	11,611,040 -643,601.5	11,359,899 -116,254	-65,611,876 -5,025,862	-- -1,284,564
NS2P margin ? Median	8.58% -0.62	6.38% -0.29	6.33% 0.18	-67.70% -5.07	--% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for FRANCISCAN HEALTH- DYER 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	1,115,488 5,089,215	1,807,634 4,572,541	1,682,662 5,268,134	13,469,907 13,092,619	-- 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	5,984 224,999	20,685 199,009	8,947 206,870.5	155,043 194,343	-- 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	0 188,688.5	0 370,813	0 309,361.5	-- 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	679,430	861,619	995,694	797,491	--
⊳ Line 11: Rebates and refunds of expenses	0	0	0	0	--
⊳ Line 12: Parking lot receipts	0	0	0	0	--
⊳ Line 13: Revenue from laundry and linen service	0	0	0	0	--
⊳ Line 14: Revenue from meals sold to emplyees and guests	459,066	460,935	457,735	347,909	--
⊳ Line 15: Revenue from rental of living quarters	0	0	0	0	--
⊳ Line 16: Revenue from sale of medical and surgical supplies	0	0	0	0	--
⊳ Line 17: Revenue from sale of drugs to other than patients	0	0	0	0	--
⊳ Line 18: Revenue from sale of medical records and abstracts	0	0	1,000	0	--
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	86,768	0	--
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	84,105	87,806	92,850	59,779	--
⊳ Line 21: Rental of vending machines	21,221	23,956	17,947	13,012	--
⊳ Line 22: Rental of hospital space	59,817	51,220	58,106	42,183	--
⊳ Line 23: Gov appropriations ? ⊳ Median	0 1,017,693	0 983,261.5	0 1,173,286	0 1,987,202	-- 1,597,664
⊳ Sum Line 24	-194,135	301,413	-36,385	12,054,490	--
Total income ? Median	15,965,739 6,586,430	13,418,674 6,767,106	13,042,561 8,419,950	-52,141,969 8,094,175	-- 15,162,888
Non-operating expenses Median	6,540,423 146,289.5	0 164,857	0 89,880.5	0 106,761	-- 31,473.5
Net income Median	9,425,316 6,043,842	13,418,674 5,845,112	13,042,561 7,606,259	-52,141,969 7,283,041	-- 14,957,241
Net margin Median	5.41005% 4.62%	7.29617% 4.42%	7.20431% 5.16%	-47.23503% 5.2%	--% 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 FRANCISCAN HEALTH- DYER 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	32,421,405 23,241,334	30,490,962 23,709,545	33,915,787 24,248,380	31,151,378 22,858,541	-- 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	24,650,534 21,577,146	22,878,848 22,041,594	25,221,840 22,722,063	22,872,438 21,570,441	-- 22,140,684
⊳ Swingbeds ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Tax Equity and Fiscal Responsibility Act payments (TEFRA) ⊳ Median	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	-- 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	7,770,871 3,535,627	7,612,114 3,746,588	8,693,947 3,782,288	8,278,940 3,865,578	-- 3,983,889
⊳ Long-term care hospital (LTCH) ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Critical-access hospitals ⊳ Median	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	-- 1,179,746
All outpatient revenue Median Click here to show/hide details	11,872,558 11,160,864	14,173,922 11,987,345	12,959,863 12,926,866	8,892,515 11,884,480	-- 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	11,872,558 10,918,923	14,173,922 11,706,976	12,959,863 12,615,917	8,892,515 11,458,116	-- 12,776,716
⊳ Home Health agencies (HHA) ⊳ Median	0 1,282,808	0 1,407,728	0 1,341,512	0 1,407,046	-- 1,476,867
⊳ Community mental health clinics (CMHC) ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Rural health clinics ⊳ Median	0 618,038	0 697,279	0 690,232	0 684,010	-- 670,558
⊳ Other federally qualified health clinics ⊳ Median	0 --	0 --	0 --	0 --	-- --

Other payments

Item	2017	2018	2019	2020	2021
Graduate Medical Education (GME) Median	1,556,248 3,284,314	1,446,735 3,250,551	1,433,783 3,386,837	1,109,673 3,360,806	-- 3,508,953
Disproportionate-share hospital (DSH) Median	307,444 594,888	182,700 595,761	152,029 577,894	218,595 542,168	-- 549,667
Outlier Median	1,076,611 582,572	918,351 538,116	188,200 212,434	236,429 126,559	-- 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	6,426,066 3,662,910	5,744,672 3,730,911	6,889,705 4,081,319	12,942,970 4,643,908	-- 4,389,147
Charity care Median	7,028,474 2,654,636	6,211,203 2,940,659	6,521,400 3,380,215	6,374,553 3,488,738	-- 3,233,405
Uncompensated care (UCC) Median	10,239,231 5,147,790	8,228,983 5,337,617	8,275,011 5,711,082	7,995,435 5,923,418	-- 5,508,107
UCC as a % of operating expenses Median	6.47% 3.24	4.83% 3.12	4.93% 3.21	4.92% 3.3	--% 2.86
Total shortfall/UCC Median	16,665,297 9,489,989	13,973,655 9,424,297	15,164,716 10,120,158	20,938,405 11,171,337	-- 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	57,422,130 52,142,039	67,347,000 54,485,252	67,921,895 57,395,589	69,190,683 58,830,919	-- 61,722,907
Salaries as a % of operating expenses Median	36.29 36.68	39.50 36.56	40.43 36.37	42.57 35.93	-- 35.24
Intern, resident salaries* Median	0 2,598,592	0 2,686,824	0 2,753,773	0 2,937,156	-- 2,909,848
Contract intern, resident salaries* Median	988,644 1,251,927	928,711 1,186,494	1,010,717 1,204,885	1,010,717 1,279,653	-- 1,469,317
Contract adjusted salaries, direct-care Median	1,456,365 1,449,244	1,655,385 1,475,986	2,673,303 1,563,078	1,732,734 1,721,954	-- 2,991,828
Contract hours, direct-care Median	27,757.00 22,725	28,044.00 23,018.5	47,777.00 24,503.48	29,670.00 25,026.5	-- 33,786
Contract wages, direct-care Median	52.47 64.67	59.03 64.53	55.95 65.06	58.40 68.97	-- 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.