As of the July, 2022, release via CMS
The 276-bed, acute-care hospital had $6,984,823 in net service to patients*, with a total profit margin of 3.95007% in fiscal year 2021, the latest year available.
It spent 1.95% of its operating expenses on uncompensated care and reported $7,339,309 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.
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
# of days in fyear | 365 | 181 | 365 | 366 | 365 |
Ownership |
nfp | nfp | nfp | nfp | nfp |
Acute beds Median |
249 118 |
249 118 |
249 119.5 |
249 118 |
259 119 |
Total beds Median |
266 162 |
266 162 |
266 162 |
266 162 |
276 163.5 |
FTEs Median |
1,288.61 788.06 |
1,466.93 793.42 |
2,226.30 806.03 |
1,312.78 787.61 |
1,740.40 804.34 |
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
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Net patient revenue ? Median |
220,286,303 150,932,746 |
119,509,374 158,950,878 |
239,687,893 168,696,998 |
205,673,176 163,454,693 |
229,000,460 186,589,412 |
Operating expenses Median |
215,247,456 149,311,209 |
113,551,139 156,110,414 |
235,469,063 164,890,568 |
217,604,158 166,516,854 |
222,015,637 180,120,888 |
Net income from service 2 patients (NS2P) ? Median |
5,038,847 -964,173 |
5,958,235 -643,601.5 |
4,218,830 -116,254 |
-11,930,982 -5,025,862 |
6,984,823 -1,284,564 |
NS2P margin ? Median |
2.29% -0.62 |
4.99% -0.29 |
1.76% 0.18 |
-5.80% -5.07 |
3.05% -0.88 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for BEAUMONT HEALTH - GROSSE POINTE compared to all** acute-care hospitals, from CMS cost reports.* 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 |
5,690,370 5,089,215 |
2,488,467 4,572,541 |
3,794,935 5,268,134 |
18,027,837 13,092,619 |
2,421,106 12,369,236 |
Total income ? Median |
10,729,217 6,586,430 |
8,446,702 6,767,106 |
8,013,765 8,419,950 |
6,096,855 8,094,175 |
9,405,929 15,162,888 |
Non-operating expenses Median |
-66,039 146,289.5 |
-35,319 164,857 |
38,407 89,880.5 |
25,863 106,761 |
264,624 31,473.5 |
Net income Median |
10,795,256 6,043,842 |
8,482,021 5,845,112 |
7,975,358 7,606,259 |
6,070,992 7,283,041 |
9,141,305 14,957,241 |
Net margin Median |
4.77716% 4.62% |
6.95260% 4.42% |
3.27553% 5.16% |
2.71389% 5.2% |
3.95007% 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 BEAUMONT HEALTH - GROSSE POINTE compared to all** acute-care hospitals, from CMS cost reports.* 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 |
Inpatient and outpatient revenue
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
All inpatient revenue Median Click here to show/hide details |
48,184,538 23,241,334 |
23,948,483 23,709,545 |
46,747,005 24,248,380 |
40,547,943 22,858,541 |
34,862,302 23,620,613 |
All outpatient revenue Median Click here to show/hide details |
16,980,175 11,160,864 |
7,684,457 11,987,345 |
17,085,659 12,926,866 |
14,438,624 11,884,480 |
16,290,581 13,145,163 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Graduate Medical Education (GME) Median |
2,682,367 3,284,314 |
1,309,754 3,250,551 |
2,781,598 3,386,837 |
2,712,260 3,360,806 |
2,576,378 3,508,953 |
Disproportionate-share hospital (DSH) Median |
1,354,348 594,888 |
694,999 595,761 |
1,341,999 577,894 |
1,134,355 542,168 |
1,082,175 549,667 |
Outlier Median |
1,014,606 582,572 |
167,157 538,116 |
884,287 212,434 |
97,222 126,559 |
141,333 139,139 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Medicaid shortfall Median |
6,766,355 3,662,910 |
1,972,629 3,730,911 |
4,500,981 4,081,319 |
10,394,543 4,643,908 |
7,339,309 4,389,147 |
Charity care Median |
2,000,280 2,654,636 |
760,899 2,940,659 |
4,575,895 3,380,215 |
2,108,379 3,488,738 |
1,236,041 3,233,405 |
Uncompensated care (UCC) Median |
3,388,732 5,147,790 |
2,243,304 5,337,617 |
7,031,469 5,711,082 |
5,304,435 5,923,418 |
4,324,796 5,508,107 |
UCC as a % of operating expenses Median |
1.57% 3.24 |
1.98% 3.12 |
2.99% 3.21 |
2.44% 3.3 |
1.95% 2.86 |
Total shortfall/UCC Median |
10,155,087 9,489,989 |
4,215,933 9,424,297 |
11,532,450 10,120,158 |
15,698,978 11,171,337 |
11,664,105 10,133,851 |
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Total salaries Median |
87,372,300 52,142,039 |
44,430,841 54,485,252 |
90,784,663 57,395,589 |
84,020,702 58,830,919 |
77,559,472 61,722,907 |
Salaries as a % of operating expenses Median |
40.59 36.68 |
39.13 36.56 |
38.55 36.37 |
38.61 35.93 |
34.93 35.24 |
Intern, resident salaries* Median |
1,232,651 2,598,592 |
658,875 2,686,824 |
668,073 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 |
1,322,155 1,279,653 |
1,336,087 1,469,317 |
Contract adjusted salaries, direct-care Median |
126,446 1,449,244 |
13,354 1,475,986 |
84,109 1,563,078 |
1,444,053 1,721,954 |
1,557,647 2,991,828 |
Contract hours, direct-care Median |
1,236.00 22,725 |
236.85 23,018.5 |
880.50 24,503.48 |
38,414.00 25,026.5 |
37,187.00 33,786 |
Contract wages, direct-care Median |
102.30 64.67 |
56.38 64.53 |
95.52 65.06 |
37.59 68.97 |
41.89 88.94 |
* in an approved program
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
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