As of the July, 2022, release via CMS

LAFAYETTE GENERAL MEDICAL CENTER

CMS id: 190002
1214 COOLIDGE STREET, LAFAYETTE LA 70503. County: LAFAYETTE PARISH
System: LAFAYETTE GENERAL HOME OFFICE
CBSA: Lafayette, LA

The 432-bed, acute-care hospital had $-36,027,956 in net service to patients*, with a total profit margin of 12.76647% in fiscal year 2021, the latest year available.
It spent 1.17% of its operating expenses on uncompensated care and reported $3,697,358 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	288 118	291 118	315 119.5	325 118	325 119
Total beds Median	395 162	399 162	422 162	432 162	432 163.5
FTEs Median	1,999.00 788.06	2,102.33 793.42	2,266.02 806.03	2,199.00 787.61	2,238.69 804.34

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	465,038,013 150,932,746	470,141,161 158,950,878	505,039,369 168,696,998	492,476,653 163,454,693	474,771,021 186,589,412
Operating expenses Median	432,587,073 149,311,209	442,441,757 156,110,414	468,077,233 164,890,568	482,223,877 166,516,854	510,798,977 180,120,888
Net income from service 2 patients (NS2P) ? Median	32,450,940 -964,173	27,699,404 -643,601.5	36,962,136 -116,254	10,252,776 -5,025,862	-36,027,956 -1,284,564
NS2P margin ? Median	6.98% -0.62	5.89% -0.29	7.32% 0.18	2.08% -5.07	-7.59% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for LAFAYETTE GENERAL MEDICAL CENTER 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	11,765,786 5,089,215	17,444,381 4,572,541	10,421,499 5,268,134	48,346,000 13,092,619	110,782,450 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	1,568,922 299,524	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	1,781,970	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	187,126	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	8,227,768	17,444,381	10,421,499	48,346,000	110,782,450
Total income ? Median	44,216,726 6,586,430	45,143,785 6,767,106	47,383,635 8,419,950	58,598,776 8,094,175	74,754,494 15,162,888
Non-operating expenses Median	0 146,289.5	0 164,857	0 89,880.5	0 106,761	0 31,473.5
Net income Median	44,216,726 6,043,842	45,143,785 5,845,112	47,383,635 7,606,259	58,598,776 7,283,041	74,754,494 14,957,241
Net margin Median	9.27357% 4.62%	9.25864% 4.42%	9.19248% 5.16%	10.83512% 5.2%	12.76647% 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 LAFAYETTE GENERAL MEDICAL CENTER 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	100,473,907 23,241,334	95,981,790 23,709,545	96,103,432 24,248,380	93,742,769 22,858,541	91,580,435 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	97,890,048 21,577,146	93,246,265 22,041,594	92,735,617 22,722,063	90,163,811 21,570,441	87,216,045 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	4,851 1,757,392	28,668 1,738,842	23,795 1,510,463	3,371 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	2,583,859 3,535,627	2,730,674 3,746,588	3,339,147 3,782,288	3,555,163 3,865,578	4,361,019 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	43,138,596 11,160,864	43,051,139 11,987,345	43,963,444 12,926,866	45,212,486 11,884,480	46,857,609 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	43,138,596 10,918,923	43,051,139 11,706,976	43,963,444 12,615,917	45,212,486 11,458,116	46,857,609 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	3,015,551 3,284,314	2,864,597 3,250,551	2,723,948 3,386,837	2,655,903 3,360,806	2,564,410 3,508,953
Disproportionate-share hospital (DSH) Median	4,341,554 594,888	4,576,209 595,761	4,361,305 577,894	4,351,335 542,168	4,069,532 549,667
Outlier Median	5,455,245 582,572	4,242,178 538,116	566,190 212,434	492,401 126,559	408,072 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	28,800,370 3,662,910	37,355 3,730,911	41,211 4,081,319	41,872 4,643,908	3,697,358 4,389,147
Charity care Median	982,761 2,654,636	1,546,119 2,940,659	266,574 3,380,215	218,061 3,488,738	228,147 3,233,405
Uncompensated care (UCC) Median	10,874,804 5,147,790	7,624,647 5,337,617	7,722,415 5,711,082	8,931,475 5,923,418	5,967,048 5,508,107
UCC as a % of operating expenses Median	2.51% 3.24	1.72% 3.12	1.65% 3.21	1.85% 3.3	1.17% 2.86
Total shortfall/UCC Median	39,675,174 9,489,989	7,662,002 9,424,297	7,763,626 10,120,158	8,973,347 11,171,337	9,664,406 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	117,670,495 52,142,039	123,622,491 54,485,252	135,795,594 57,395,589	134,811,811 58,830,919	148,481,894 61,722,907
Salaries as a % of operating expenses Median	27.20 36.68	27.94 36.56	29.01 36.37	27.96 35.93	29.07 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	1,251,927 1,251,927	1,194,839 1,186,494	1,146,043 1,204,885	1,382,566 1,279,653	1,356,629 1,469,317
Contract adjusted salaries, direct-care Median	10,627,478 1,449,244	10,621,452 1,475,986	12,319,124 1,563,078	13,457,359 1,721,954	19,338,061 2,991,828
Contract hours, direct-care Median	164,099.00 22,725	164,233.12 23,018.5	200,269.72 24,503.48	228,563.00 25,026.5	262,584.00 33,786
Contract wages, direct-care Median	64.76 64.67	64.67 64.53	61.51 65.06	58.88 68.97	73.65 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.