As of the July, 2022, release via CMS

BEAUMONT HEALTH WAYNE

CMS id: 230142
33155 ANNAPOLIS AVENUE, WAYNE MI 48184. County: WAYNE
System: BEAUMONT HEALTH
CBSA: Detroit-Warren-Dearborn, MI

The 86-bed, acute-care hospital had $-13,868,743 in net service to patients*, with a total profit margin of 5.85310% in fiscal year 2021, the latest year available.
It spent 2.70% of its operating expenses on uncompensated care and reported $10,845,888 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	181	365	366	365
Ownership	nfp	nfp	nfp	nfp	nfp
Acute beds Median	152 118	152 118	152 119.5	72 118	72 119
Total beds Median	169 162	170 162	170 162	86 162	86 163.5
FTEs Median	1,147.38 788.06	1,181.17 793.42	1,761.71 806.03	1,000.10 787.61	1,000.10 804.34

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	172,603,414 150,932,746	87,924,860 158,950,878	200,508,735 168,696,998	147,342,090 163,454,693	151,909,264 186,589,412
Operating expenses Median	170,564,029 149,311,209	85,815,589 156,110,414	183,971,255 164,890,568	170,031,584 166,516,854	165,778,007 180,120,888
Net income from service 2 patients (NS2P) ? Median	2,039,385 -964,173	2,109,271 -643,601.5	16,537,480 -116,254	-22,689,494 -5,025,862	-13,868,743 -1,284,564
NS2P margin ? Median	1.18% -0.62	2.40% -0.29	8.25% 0.18	-15.40% -5.07	-9.13% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for BEAUMONT HEALTH WAYNE 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	2,447,703 5,089,215	1,006,204 4,572,541	2,572,310 5,268,134	14,003,164 13,092,619	24,085,927 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	81,803 224,999	0 199,009	500 206,870.5	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	8,877	4,466	11,717	0	0
⊳ Line 11: Rebates and refunds of expenses	0	13,950	4,346	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	109,310	0	324,801	509,309	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	6,635	3,098	3,291	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	119,233	56,314	39,124	0	0
⊳ Line 21: Rental of vending machines	4,668	0	0	0	0
⊳ Line 22: Rental of hospital space	50,235	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	2,066,942	928,376	2,188,531	13,493,855	24,085,927
Total income ? Median	4,487,088 6,586,430	3,115,475 6,767,106	19,109,790 8,419,950	-8,686,330 8,094,175	10,217,184 15,162,888
Non-operating expenses Median	-35,921 146,289.5	-8,020 164,857	-139,861 89,880.5	83,237 106,761	-83,988 31,473.5
Net income Median	4,523,009 6,043,842	3,123,495 5,845,112	19,249,651 7,606,259	-8,769,567 7,283,041	10,301,172 14,957,241
Net margin Median	2.58382% 4.62%	3.51227% 4.42%	9.47880% 5.16%	-5.43528% 5.2%	5.85310% 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 WAYNE 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	30,466,366 23,241,334	14,918,957 23,709,545	28,210,258 24,248,380	22,990,544 22,858,541	18,380,944 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	30,466,366 21,577,146	14,918,957 22,041,594	28,210,258 22,722,063	22,990,544 21,570,441	18,380,944 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	12,839,854 11,160,864	5,863,967 11,987,345	13,061,881 12,926,866	10,062,212 11,884,480	9,399,653 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	12,839,854 10,918,923	5,863,967 11,706,976	13,061,881 12,615,917	10,062,212 11,458,116	9,399,653 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	4,008,421 3,284,314	1,954,779 3,250,551	3,883,651 3,386,837	3,724,397 3,360,806	3,485,971 3,508,953
Disproportionate-share hospital (DSH) Median	1,047,292 594,888	511,886 595,761	888,979 577,894	777,396 542,168	357,790 549,667
Outlier Median	161,108 582,572	46,167 538,116	118,058 212,434	54,193 126,559	75,722 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	0 3,662,910	0 3,730,911	5,679,589 4,081,319	14,733,551 4,643,908	10,845,888 4,389,147
Charity care Median	2,611,184 2,654,636	806,384 2,940,659	4,962,006 3,380,215	2,578,337 3,488,738	1,536,228 3,233,405
Uncompensated care (UCC) Median	3,852,477 5,147,790	2,121,215 5,337,617	7,741,651 5,711,082	5,910,657 5,923,418	4,477,704 5,508,107
UCC as a % of operating expenses Median	2.26% 3.24	2.47% 3.12	4.21% 3.21	3.48% 3.3	2.70% 2.86
Total shortfall/UCC Median	3,852,477 9,489,989	2,121,215 9,424,297	13,421,240 10,120,158	20,644,208 11,171,337	15,323,592 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	78,291,842 52,142,039	39,259,831 54,485,252	78,226,236 57,395,589	68,533,595 58,830,919	60,997,108 61,722,907
Salaries as a % of operating expenses Median	45.90 36.68	45.75 36.56	42.52 36.37	40.31 35.93	36.79 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	2,947,114 1,279,653	3,102,404 1,469,317
Contract adjusted salaries, direct-care Median	1,363,705 1,449,244	669,469 1,475,986	981,907 1,563,078	3,614,659 1,721,954	4,718,844 2,991,828
Contract hours, direct-care Median	24,003.00 22,725	11,822.00 23,018.5	17,029.00 24,503.48	94,543.00 25,026.5	102,837.00 33,786
Contract wages, direct-care Median	56.81 64.67	56.63 64.53	57.66 65.06	38.23 68.97	45.89 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.