As of the July, 2022, release via CMS

KANSAS HEART HOSPITAL

CMS id: 170186
3601 NORTH WEBB ROAD, WICHITA KS 67226. County: SEDGWICK
System: --
CBSA: Wichita, KS

The 46-bed, acute-care hospital had $7,337,152 in net service to patients*, with a total profit margin of 10.11475% in fiscal year 2021, the latest year available.
It spent 1.61% 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	forprofit	forprofit	forprofit	forprofit	forprofit
Acute beds Median	46 118	46 118	46 119.5	46 118	46 119
Total beds Median	46 162	46 162	46 162	46 162	46 163.5
FTEs Median	168.94 788.06	166.68 793.42	167.68 806.03	170.90 787.61	176.56 804.34

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	48,071,628 150,932,746	46,675,052 158,950,878	49,022,462 168,696,998	48,994,202 163,454,693	54,623,330 186,589,412
Operating expenses Median	43,250,333 149,311,209	42,289,114 156,110,414	45,590,133 164,890,568	44,521,473 166,516,854	47,286,178 180,120,888
Net income from service 2 patients (NS2P) ? Median	4,821,295 -964,173	4,385,938 -643,601.5	3,432,329 -116,254	4,472,729 -5,025,862	7,337,152 -1,284,564
NS2P margin ? Median	10.03% -0.62	9.40% -0.29	7.00% 0.18	9.13% -5.07	13.43% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for KANSAS HEART 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	187,346 5,089,215	119,293 4,572,541	442,219 5,268,134	1,230,904 13,092,619	268,150 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	30,446 299,524	22,158 188,688.5	92,952 370,813	59,315 309,361.5	-6,977 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	281	0	0	0	0
⊳ Line 11: Rebates and refunds of expenses	0	0	3,035	1,836	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	60,809	58,314	158,391	122,223	137,726
⊳ Line 15: Revenue from rental of living quarters	0	0	0	0	0
⊳ Line 16: Revenue from sale of medical and surgical supplies	1,501	796	791	290	238
⊳ 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	7,423	4,188	3,819	2,187	3,966
⊳ 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	118,306	97,538	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	-31,420	-63,701	183,231	1,045,053	133,197
Total income ? Median	5,008,641 6,586,430	4,505,231 6,767,106	3,874,548 8,419,950	5,703,633 8,094,175	7,605,302 15,162,888
Non-operating expenses Median	6,081 146,289.5	0 164,857	123,674 89,880.5	1,954,114 106,761	2,053,168 31,473.5
Net income Median	5,002,560 6,043,842	4,505,231 5,845,112	3,750,874 7,606,259	3,749,519 7,283,041	5,552,134 14,957,241
Net margin Median	10.36607% 4.62%	9.62773% 4.42%	7.58293% 5.16%	7.46543% 5.2%	10.11475% 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 KANSAS HEART 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	15,787,025 23,241,334	15,428,104 23,709,545	16,819,806 24,248,380	16,027,449 22,858,541	16,793,923 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	15,787,025 21,577,146	15,428,104 22,041,594	16,819,806 22,722,063	16,027,449 21,570,441	16,793,923 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	13,050,166 11,160,864	13,438,640 11,987,345	13,014,685 12,926,866	12,126,377 11,884,480	11,929,146 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	13,050,166 10,918,923	13,438,640 11,706,976	13,014,685 12,615,917	12,126,377 11,458,116	11,929,146 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	0 594,888	0 595,761	0 577,894	0 542,168	0 549,667
Outlier Median	114,445 582,572	87,539 538,116	2,770 212,434	6,580 126,559	3,216 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	0 3,662,910	0 3,730,911	0 4,081,319	290,079 4,643,908	0 4,389,147
Charity care Median	483,750 2,654,636	387,770 2,940,659	474,213 3,380,215	236,998 3,488,738	204,923 3,233,405
Uncompensated care (UCC) Median	1,126,532 5,147,790	1,105,513 5,337,617	1,381,501 5,711,082	854,415 5,923,418	762,664 5,508,107
UCC as a % of operating expenses Median	2.60% 3.24	2.61% 3.12	3.03% 3.21	1.92% 3.3	1.61% 2.86
Total shortfall/UCC Median	1,126,532 9,489,989	1,105,513 9,424,297	1,381,501 10,120,158	1,144,494 11,171,337	762,664 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	11,578,366 52,142,039	11,529,072 54,485,252	12,156,617 57,395,589	13,678,032 58,830,919	13,317,375 61,722,907
Salaries as a % of operating expenses Median	26.77 36.68	27.26 36.56	26.67 36.37	30.72 35.93	28.16 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	620,321 1,449,244	646,258 1,475,986	656,595 1,563,078	901,576 1,721,954	1,151,705 2,991,828
Contract hours, direct-care Median	8,905.25 22,725	10,419.75 23,018.5	9,877.20 24,503.48	12,479.00 25,026.5	18,948.48 33,786
Contract wages, direct-care Median	69.66 64.67	62.02 64.53	66.48 65.06	72.25 68.97	60.78 88.94

* in an approved program

Return to top

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.