As of the July, 2022, release via CMS

GLENWOOD REGIONAL MEDICAL CENTER

CMS id: 190160
503 MCMILLAN ROAD, WEST MONROE LA 71291. County: OUACHITA PARISH
System: STEWARD HEALTH CARE SYSTEM LLC
CBSA: Monroe, LA

The 270-bed, acute-care hospital had $-9,528,405 in net service to patients*, with a total profit margin of 6.01587% in fiscal year 2021, the latest year available.
It spent 1.95% of its operating expenses on uncompensated care and reported $2,386,355 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	164 118	164 118	164 119.5	164 118	164 119
Total beds Median	284 162	284 162	284 162	270 162	270 163.5
FTEs Median	826.23 788.06	869.36 793.42	848.31 806.03	783.50 787.61	725.58 804.34

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	176,589,913 150,932,746	144,254,090 158,950,878	159,730,926 168,696,998	172,410,593 163,454,693	160,030,339 186,589,412
Operating expenses Median	175,052,078 149,311,209	151,112,425 156,110,414	161,858,724 164,890,568	170,868,463 166,516,854	169,558,744 180,120,888
Net income from service 2 patients (NS2P) ? Median	1,537,835 -964,173	-6,858,335 -643,601.5	-2,127,798 -116,254	1,542,130 -5,025,862	-9,528,405 -1,284,564
NS2P margin ? Median	0.87% -0.62	-4.75% -0.29	-1.33% 0.18	0.89% -5.07	-5.95% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for GLENWOOD REGIONAL 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	3,500,767 5,089,215	3,324,132 4,572,541	3,182,777 5,268,134	2,933,380 13,092,619	20,381,755 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	0 299,524	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	575,393	512,355	485,043	494,635	321,641
⊳ Line 15: Revenue from rental of living quarters	0	0	0	0	0
⊳ 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	22,697	6,766	7,424	5,409	1,315
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	29,927	27,730	47,657	31,348	24,901
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	0	0	0	0	0
⊳ Line 21: Rental of vending machines	57,256	29,050	56,726	44,603	6,019
⊳ Line 22: Rental of hospital space	1,037,466	971,051	878,104	842,281	858,999
⊳ 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	1,765,397	1,771,440	1,702,993	1,510,471	19,164,278
Total income ? Median	5,038,602 6,586,430	-3,534,203 6,767,106	1,054,979 8,419,950	4,475,510 8,094,175	10,853,350 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	5,038,602 6,043,842	-3,534,203 5,845,112	1,054,979 7,606,259	4,475,510 7,283,041	10,853,350 14,957,241
Net margin Median	2.79781% 4.62%	-2.39480% 4.42%	0.64757% 5.16%	2.55242% 5.2%	6.01587% 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 GLENWOOD REGIONAL 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	47,844,422 23,241,334	46,817,511 23,709,545	50,159,135 24,248,380	45,955,463 22,858,541	43,451,401 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	41,663,168 21,577,146	41,191,431 22,041,594	45,283,372 22,722,063	42,175,053 21,570,441	40,081,149 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	4,035,071 1,845,420	3,962,388 1,757,392	3,628,284 1,738,842	2,992,022 1,510,463	2,263,205 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	932,100 3,535,627	599,930 3,746,588	924,592 3,782,288	788,388 3,865,578	1,107,047 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	1,214,083 1,203,033	1,063,762 1,215,295	322,887 1,313,657	0 1,365,298	0 1,179,746
All outpatient revenue Median Click here to show/hide details	9,041,049 11,160,864	7,717,601 11,987,345	8,926,940 12,926,866	8,259,601 11,884,480	4,857,128 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	9,041,049 10,918,923	7,717,601 11,706,976	8,926,940 12,615,917	8,259,601 11,458,116	4,857,128 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	1,658,812 594,888	1,746,429 595,761	1,814,960 577,894	1,550,249 542,168	1,527,186 549,667
Outlier Median	709,555 582,572	931,108 538,116	1,375,433 212,434	141,434 126,559	198,997 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	11,710,294 3,662,910	10,671,492 3,730,911	1,805,838 4,081,319	0 4,643,908	2,386,355 4,389,147
Charity care Median	79,649 2,654,636	640,344 2,940,659	1,196,674 3,380,215	1,700,534 3,488,738	1,288,038 3,233,405
Uncompensated care (UCC) Median	4,163,702 5,147,790	3,025,031 5,337,617	3,202,326 5,711,082	2,966,820 5,923,418	3,314,723 5,508,107
UCC as a % of operating expenses Median	2.38% 3.24	2.00% 3.12	1.98% 3.21	1.74% 3.3	1.95% 2.86
Total shortfall/UCC Median	15,873,996 9,489,989	13,696,523 9,424,297	5,008,164 10,120,158	2,966,820 11,171,337	5,701,078 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	46,280,096 52,142,039	49,414,966 54,485,252	50,054,654 57,395,589	46,896,866 58,830,919	47,173,526 61,722,907
Salaries as a % of operating expenses Median	26.44 36.68	32.70 36.56	30.92 36.37	27.45 35.93	27.82 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	4,500,921 1,449,244	5,336,983 1,475,986	1,373,320 1,563,078	2,817,747 1,721,954	2,850,679 2,991,828
Contract hours, direct-care Median	82,725.00 22,725	102,871.00 23,018.5	24,385.00 24,503.48	41,515.00 25,026.5	46,067.00 33,786
Contract wages, direct-care Median	54.41 64.67	51.88 64.53	56.32 65.06	67.87 68.97	61.88 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.