As of the July, 2022, release via CMS

DEACONESS HENDERSON HOSPITAL

CMS id: 180056
1305 NORTH ELM STREET, HENDERSON KY 42420. County: HENDERSON
System: DEACONESS HEALTH SYSTEM
CBSA: Evansville, IN-KY

The 118-bed, acute-care hospital had $5,980,384 in net service to patients*, with a total profit margin of 12.74057% in fiscal year 2021, the latest year available.
It spent 3.33% 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	91 118	91 118	91 119.5	91 118	91 119
Total beds Median	118 162	118 162	118 162	118 162	118 163.5
FTEs Median	953.76 788.06	752.52 793.42	676.60 806.03	593.71 787.61	435.34 804.34

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	121,080,700 150,932,746	105,680,845 158,950,878	105,287,243 168,696,998	90,542,788 163,454,693	111,675,885 186,589,412
Operating expenses Median	135,494,844 149,311,209	120,070,289 156,110,414	114,634,521 164,890,568	114,530,140 166,516,854	105,695,501 180,120,888
Net income from service 2 patients (NS2P) ? Median	-14,414,144 -964,173	-14,389,444 -643,601.5	-9,347,278 -116,254	-23,987,352 -5,025,862	5,980,384 -1,284,564
NS2P margin ? Median	-11.90% -0.62	-13.62% -0.29	-8.88% 0.18	-26.49% -5.07	5.36% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for DEACONESS HENDERSON 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	8,571,102 5,089,215	4,367,366 4,572,541	7,466,691 5,268,134	-6,408,671 13,092,619	9,452,004 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	2,613 199,009	2,555,928 206,870.5	0 194,343	0 249,496
⊳ Line 7: Investments ? ⊳ Median	312,315 299,524	354,525 188,688.5	228,768 370,813	244,486 309,361.5	144,476 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	12,645	10,810	14,595	16,603	1,900
⊳ Line 11: Rebates and refunds of expenses	0	1,175	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	446,343	347,447	383,289	310,952	259,893
⊳ Line 15: Revenue from rental of living quarters	0	0	0	0	0
⊳ Line 16: Revenue from sale of medical and surgical supplies	15	0	0	0	0
⊳ Line 17: Revenue from sale of drugs to other than patients	-3,182	18,250	16,750	1,652,813	0
⊳ Line 18: Revenue from sale of medical records and abstracts	6,156	593	233	518	0
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	0	0	0
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	269,904	210,854	182,475	130,775	0
⊳ Line 21: Rental of vending machines	0	0	0	0	0
⊳ Line 22: Rental of hospital space	30,845	16,226	74,798	622,118	1,526,981
⊳ 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	7,496,061	3,404,873	4,009,855	-9,386,936	7,518,754
Total income ? Median	-5,843,042 6,586,430	-10,022,078 6,767,106	-1,880,587 8,419,950	-30,396,023 8,094,175	15,432,388 15,162,888
Non-operating expenses Median	12 146,289.5	0 164,857	0 89,880.5	0 106,761	0 31,473.5
Net income Median	-5,843,054 6,043,842	-10,022,078 5,845,112	-1,880,587 7,606,259	-30,396,023 7,283,041	15,432,388 14,957,241
Net margin Median	-4.50673% 4.62%	-9.10699% 4.42%	-1.66787% 5.16%	-36.12806% 5.2%	12.74057% 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 DEACONESS HENDERSON 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	12,833,655 23,241,334	11,574,528 23,709,545	11,127,841 24,248,380	8,912,628 22,858,541	10,399,481 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	12,833,655 21,577,146	11,574,528 22,041,594	11,127,841 22,722,063	8,912,628 21,570,441	10,399,481 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	8,816,895 11,160,864	8,574,931 11,987,345	9,036,689 12,926,866	7,305,013 11,884,480	7,359,996 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	8,816,895 10,918,923	8,574,931 11,706,976	9,036,689 12,615,917	7,305,013 11,458,116	7,359,996 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	574,661 3,284,314	533,281 3,250,551	534,745 3,386,837	387,894 3,360,806	40,428 3,508,953
Disproportionate-share hospital (DSH) Median	624,040 594,888	580,654 595,761	489,053 577,894	392,240 542,168	483,642 549,667
Outlier Median	348,610 582,572	240,891 538,116	250,050 212,434	17,185 126,559	45,885 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	0 3,662,910	0 3,730,911	2,625,077 4,081,319	6,540,285 4,643,908	0 4,389,147
Charity care Median	1,665,232 2,654,636	3,470,367 2,940,659	2,182,562 3,380,215	2,749,630 3,488,738	1,894,475 3,233,405
Uncompensated care (UCC) Median	4,249,851 5,147,790	5,455,247 5,337,617	4,874,645 5,711,082	5,223,011 5,923,418	3,522,112 5,508,107
UCC as a % of operating expenses Median	3.14% 3.24	4.54% 3.12	4.25% 3.21	4.56% 3.3	3.33% 2.86
Total shortfall/UCC Median	4,249,851 9,489,989	5,455,247 9,424,297	7,499,722 10,120,158	11,763,296 11,171,337	3,522,112 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	57,759,448 52,142,039	49,314,706 54,485,252	46,366,069 57,395,589	41,698,585 58,830,919	31,930,297 61,722,907
Salaries as a % of operating expenses Median	41.70 36.68	40.08 36.56	39.38 36.37	35.50 35.93	30.21 35.24
Intern, resident salaries* Median	580,540 2,598,592	628,255 2,686,824	538,014 2,753,773	369,386 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	994,990 1,449,244	722,766 1,475,986	1,103,383 1,563,078	1,343,458 1,721,954	246,317 2,991,828
Contract hours, direct-care Median	9,929.35 22,725	6,446.05 23,018.5	12,233.72 24,503.48	15,354.00 25,026.5	2,873.30 33,786
Contract wages, direct-care Median	100.21 64.67	112.13 64.53	90.19 65.06	87.50 68.97	85.73 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.