As of the July, 2022, release via CMS

GENESIS MEDICAL CENTER - DAVENPORT

CMS id: 160033
1227 EAST RUSHOLME, DAVENPORT IA 52803. County: SCOTT
System: GENESIS HEALTH SYSTEM
CBSA: Davenport-Moline-Rock Island, IA-IL

The 359-bed, acute-care hospital had $-10,263,277 in net service to patients*, with a total profit margin of 6.37924% in fiscal year 2021, the latest year available.
It spent 2.18% of its operating expenses on uncompensated care and reported $688,699 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	199 118	193 118	246 119.5	265 118	276 119
Total beds Median	325 162	319 162	329 162	345 162	359 163.5
FTEs Median	1,411.65 788.06	1,386.89 793.42	1,317.19 806.03	1,278.44 787.61	1,258.74 804.34

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	346,812,477 150,932,746	346,688,652 158,950,878	342,579,330 168,696,998	345,483,049 163,454,693	363,350,167 186,589,412
Operating expenses Median	341,216,114 149,311,209	343,901,373 156,110,414	348,291,924 164,890,568	352,147,029 166,516,854	373,613,444 180,120,888
Net income from service 2 patients (NS2P) ? Median	5,596,363 -964,173	2,787,279 -643,601.5	-5,712,594 -116,254	-6,663,980 -5,025,862	-10,263,277 -1,284,564
NS2P margin ? Median	1.61% -0.62	0.80% -0.29	-1.67% 0.18	-1.93% -5.07	-2.82% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for GENESIS MEDICAL CENTER - DAVENPORT 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	13,518,415 5,089,215	14,392,460 4,572,541	13,504,611 5,268,134	22,211,315 13,092,619	36,691,036 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	0 199,009	0 206,870.5	0 194,343	639,532 249,496
⊳ Line 7: Investments ? ⊳ Median	6,226,441 299,524	5,467,814 188,688.5	6,204,317 370,813	5,744,454 309,361.5	6,848,348 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	178,607	99,072	103,240	391,545	468,640
⊳ 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	199,668	510,111	133,342	127,942	101,927
⊳ Line 15: Revenue from rental of living quarters	353,753	729,397	793,132	813,748	870,550
⊳ 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	6,559,946	7,586,066	6,270,580	15,133,626	27,762,039
Total income ? Median	19,114,778 6,586,430	17,179,739 6,767,106	7,792,017 8,419,950	15,547,335 8,094,175	26,427,759 15,162,888
Non-operating expenses Median	0 146,289.5	0 164,857	587,820 89,880.5	348,174 106,761	908,174 31,473.5
Net income Median	19,114,778 6,043,842	17,179,739 5,845,112	7,204,197 7,606,259	15,199,161 7,283,041	25,519,585 14,957,241
Net margin Median	5.30478% 4.62%	4.75786% 4.42%	2.02317% 5.16%	4.13364% 5.2%	6.37924% 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 GENESIS MEDICAL CENTER - DAVENPORT 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	79,424,982 23,241,334	76,922,432 23,709,545	72,543,687 24,248,380	70,868,290 22,858,541	65,151,719 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	73,405,560 21,577,146	71,133,890 22,041,594	68,152,928 22,722,063	64,541,057 21,570,441	58,906,795 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	1,302,863 1,845,420	611,687 1,757,392	0 1,738,842	0 1,510,463	0 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	4,716,559 3,535,627	5,176,855 3,746,588	4,390,759 3,782,288	6,327,233 3,865,578	6,244,924 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	35,312,755 11,160,864	38,420,867 11,987,345	40,324,263 12,926,866	38,492,391 11,884,480	41,228,656 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	35,312,755 10,918,923	38,420,867 11,706,976	40,324,263 12,615,917	38,492,391 11,458,116	41,228,656 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	2,807,674 3,284,314	2,857,748 3,250,551	2,392,717 3,386,837	2,277,678 3,360,806	2,477,166 3,508,953
Disproportionate-share hospital (DSH) Median	1,568,916 594,888	1,836,761 595,761	1,993,127 577,894	2,177,820 542,168	1,649,163 549,667
Outlier Median	3,156,783 582,572	2,334,422 538,116	1,942,172 212,434	418,559 126,559	408,966 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	6,799,632 3,662,910	1,177,455 3,730,911	208,445 4,081,319	338,036 4,643,908	688,699 4,389,147
Charity care Median	2,558,400 2,654,636	2,345,824 2,940,659	4,273,012 3,380,215	3,964,975 3,488,738	5,298,468 3,233,405
Uncompensated care (UCC) Median	5,242,558 5,147,790	5,587,702 5,337,617	7,064,332 5,711,082	7,743,259 5,923,418	8,153,737 5,508,107
UCC as a % of operating expenses Median	1.54% 3.24	1.62% 3.12	2.03% 3.21	2.20% 3.3	2.18% 2.86
Total shortfall/UCC Median	12,042,190 9,489,989	6,765,157 9,424,297	7,272,777 10,120,158	8,081,295 11,171,337	8,842,436 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	92,958,818 52,142,039	92,598,624 54,485,252	90,336,807 57,395,589	88,174,600 58,830,919	93,680,482 61,722,907
Salaries as a % of operating expenses Median	27.24 36.68	26.93 36.56	25.94 36.37	25.04 35.93	25.07 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	1,191,270 1,251,927	1,179,859 1,186,494	1,170,936 1,204,885	1,279,653 1,279,653	1,412,784 1,469,317
Contract adjusted salaries, direct-care Median	3,819,181 1,449,244	5,193,504 1,475,986	4,178,805 1,563,078	3,750,914 1,721,954	7,364,871 2,991,828
Contract hours, direct-care Median	67,647.00 22,725	91,488.00 23,018.5	64,630.00 24,503.48	71,232.00 25,026.5	102,094.00 33,786
Contract wages, direct-care Median	56.46 64.67	56.77 64.53	64.66 65.06	52.66 68.97	72.14 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.