As of the July, 2022, release via CMS

BON SECOURS HOSPITAL

CMS id: 210013
2000 W BALTIMORE STREET, BALTIMORE MD 21223. County: BALTIMORE
System: LIFEBRIDGE HEALTH INC
CBSA: Baltimore-Columbia-Towson, MD

The 69-bed, acute-care hospital had $-32,508,466 in net service to patients*, with a total profit margin of -58.11632% in fiscal year 2021, the latest year available.
It spent 1.96% 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	64 118	61 118	61 119.5	61 118	61 119
Total beds Median	72 162	69 162	69 162	69 162	69 163.5
FTEs Median	593.16 788.06	581.37 793.42	559.66 806.03	494.48 787.61	358.91 804.34

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	107,188,171 150,932,746	108,072,098 158,950,878	104,992,613 168,696,998	58,025,708 163,454,693	33,918,071 186,589,412
Operating expenses Median	113,068,122 149,311,209	111,051,195 156,110,414	114,607,528 164,890,568	82,109,096 166,516,854	66,426,537 180,120,888
Net income from service 2 patients (NS2P) ? Median	-5,879,951 -964,173	-2,979,097 -643,601.5	-9,614,915 -116,254	-24,083,388 -5,025,862	-32,508,466 -1,284,564
NS2P margin ? Median	-5.49% -0.62	-2.76% -0.29	-9.16% 0.18	-41.50% -5.07	-95.84% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for BON SECOURS 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	5,104,950 5,089,215	3,529,537 4,572,541	3,199,709 5,268,134	12,628,292 13,092,619	8,142,406 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	3,180,805 224,999	1,775,602 199,009	1,877,167 206,870.5	964,928 194,343	763,176 249,496
⊳ Line 7: Investments ? ⊳ Median	443,595 299,524	701,349 188,688.5	1,023,403 370,813	5,458,000 309,361.5	43,747 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	3,197	3,235	1,546	293	454
⊳ Line 11: Rebates and refunds of expenses	0	0	0	0	0
⊳ Line 12: Parking lot receipts	106,019	99,798	50,824	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	49,141	323	177	37	0
⊳ 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	90	15	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	18,193	14,398	12,703	3,796	2,714
⊳ Line 22: Rental of hospital space	202,570	156,064	198,489	273,301	181,950
⊳ 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	1,101,340	778,753	35,400	5,927,937	7,150,365
Total income ? Median	-775,001 6,586,430	550,440 6,767,106	-6,415,206 8,419,950	-11,455,096 8,094,175	-24,366,060 15,162,888
Non-operating expenses Median	1,635,003 146,289.5	1,019,440 164,857	730,701 89,880.5	0 106,761	77,940 31,473.5
Net income Median	-2,410,004 6,043,842	-469,000 5,845,112	-7,145,907 7,606,259	-11,455,096 7,283,041	-24,444,000 14,957,241
Net margin Median	-2.14617% 4.62%	-0.42024% 4.42%	-6.60482% 5.16%	-16.21295% 5.2%	-58.11632% 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 BON SECOURS 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	15,871,948 23,241,334	16,906,392 23,709,545	16,044,014 24,248,380	5,349,339 22,858,541	738,973 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	15,871,948 21,577,146	16,906,392 22,041,594	16,044,014 22,722,063	5,349,339 21,570,441	738,973 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	8,354,889 11,160,864	8,637,317 11,987,345	8,142,359 12,926,866	5,758,190 11,884,480	5,623,697 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	8,354,889 10,918,923	8,637,317 11,706,976	8,142,359 12,615,917	5,758,190 11,458,116	5,623,697 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	0 582,572	0 538,116	0 212,434	0 126,559	0 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	0 3,662,910	0 3,730,911	0 4,081,319	2,600,703 4,643,908	0 4,389,147
Charity care Median	107,701 2,654,636	164,804 2,940,659	189,865 3,380,215	152,021 3,488,738	0 3,233,405
Uncompensated care (UCC) Median	1,375,721 5,147,790	1,184,783 5,337,617	1,729,335 5,711,082	2,595,598 5,923,418	1,298,796 5,508,107
UCC as a % of operating expenses Median	1.22% 3.24	1.07% 3.12	1.51% 3.21	3.16% 3.3	1.96% 2.86
Total shortfall/UCC Median	1,375,721 9,489,989	1,184,783 9,424,297	1,729,335 10,120,158	5,196,301 11,171,337	1,298,796 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	41,908,683 52,142,039	43,201,903 54,485,252	43,145,005 57,395,589	34,895,803 58,830,919	27,297,665 61,722,907
Salaries as a % of operating expenses Median	37.06 36.68	38.90 36.56	37.65 36.37	42.50 35.93	41.09 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	773,440 1,449,244	744,616 1,475,986	1,014,101 1,563,078	1,327,468 1,721,954	2,657,339 2,991,828
Contract hours, direct-care Median	13,311.00 22,725	13,937.00 23,018.5	15,575.00 24,503.48	18,033.00 25,026.5	27,319.00 33,786
Contract wages, direct-care Median	58.11 64.67	53.43 64.53	65.11 65.06	73.61 68.97	97.27 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.