As of the July, 2022, release via CMS
The 219-bed, acute-care hospital had $4,765,308 in net service to patients*, with a total profit margin of 13.71602% in fiscal year 2020, the latest year available.
It spent 3.46% 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.
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
# of days in fyear | 365 | 365 | 365 | 366 | -- |
Ownership |
forprofit | forprofit | forprofit | forprofit | -- |
Acute beds Median |
136 118 |
134 118 |
139 119.5 |
145 118 |
-- 119 |
Total beds Median |
213 162 |
214 162 |
210 162 |
219 162 |
-- 163.5 |
FTEs Median |
1,352.18 788.06 |
1,318.27 793.42 |
1,326.61 806.03 |
1,189.68 787.61 |
-- 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 |
269,409,153 150,932,746 |
274,468,510 158,950,878 |
273,492,797 168,696,998 |
260,184,945 163,454,693 |
-- 186,589,412 |
Operating expenses Median |
252,409,863 149,311,209 |
251,210,362 156,110,414 |
265,669,750 164,890,568 |
255,419,637 166,516,854 |
-- 180,120,888 |
Net income from service 2 patients (NS2P) ? Median |
16,999,290 -964,173 |
23,258,148 -643,601.5 |
7,823,047 -116,254 |
4,765,308 -5,025,862 |
-- -1,284,564 |
NS2P margin ? Median |
6.31% -0.62 |
8.47% -0.29 |
2.86% 0.18 |
1.83% -5.07 |
--% -0.88 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for DETROIT RECEIVING HOSPITAL 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 |
16,574,577 5,089,215 |
13,385,873 4,572,541 |
9,312,530 5,268,134 |
35,837,131 13,092,619 |
-- 12,369,236 |
Total income ? Median |
33,573,867 6,586,430 |
36,644,021 6,767,106 |
17,135,577 8,419,950 |
40,602,439 8,094,175 |
-- 15,162,888 |
Non-operating expenses Median |
0 146,289.5 |
0 164,857 |
0 89,880.5 |
0 106,761 |
-- 31,473.5 |
Net income Median |
33,573,867 6,043,842 |
36,644,021 5,845,112 |
17,135,577 7,606,259 |
40,602,439 7,283,041 |
-- 14,957,241 |
Net margin Median |
11.73978% 4.62% |
12.73005% 4.42% |
6.05914% 5.16% |
13.71602% 5.2% |
--% 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 DETROIT RECEIVING HOSPITAL 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 |
67,997,571 23,241,334 |
63,569,154 23,709,545 |
66,721,550 24,248,380 |
64,852,605 22,858,541 |
-- 23,620,613 |
All outpatient revenue Median Click here to show/hide details |
9,602,510 11,160,864 |
9,389,761 11,987,345 |
8,306,180 12,926,866 |
5,413,820 11,884,480 |
-- 13,145,163 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Graduate Medical Education (GME) Median |
19,665,134 3,284,314 |
18,838,032 3,250,551 |
19,495,785 3,386,837 |
19,508,026 3,360,806 |
-- 3,508,953 |
Disproportionate-share hospital (DSH) Median |
3,598,310 594,888 |
3,127,862 595,761 |
3,261,475 577,894 |
2,929,601 542,168 |
-- 549,667 |
Outlier Median |
1,579,683 582,572 |
2,187,398 538,116 |
458,729 212,434 |
332,290 126,559 |
-- 139,139 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Medicaid shortfall Median |
2,788,399 3,662,910 |
0 3,730,911 |
0 4,081,319 |
0 4,643,908 |
-- 4,389,147 |
Charity care Median |
1,167,645 2,654,636 |
774,273 2,940,659 |
331,800 3,380,215 |
1,316,814 3,488,738 |
-- 3,233,405 |
Uncompensated care (UCC) Median |
9,109,059 5,147,790 |
7,850,947 5,337,617 |
3,274,250 5,711,082 |
8,835,757 5,923,418 |
-- 5,508,107 |
UCC as a % of operating expenses Median |
3.61% 3.24 |
3.13% 3.12 |
1.23% 3.21 |
3.46% 3.3 |
--% 2.86 |
Total shortfall/UCC Median |
11,897,458 9,489,989 |
7,850,947 9,424,297 |
3,274,250 10,120,158 |
8,835,757 11,171,337 |
-- 10,133,851 |
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Total salaries Median |
87,086,514 52,142,039 |
85,035,338 54,485,252 |
86,526,100 57,395,589 |
81,151,949 58,830,919 |
-- 61,722,907 |
Salaries as a % of operating expenses Median |
34.50 36.68 |
33.85 36.56 |
32.57 36.37 |
31.77 35.93 |
-- 35.24 |
Intern, resident salaries* Median |
0 2,598,592 |
0 2,686,824 |
0 2,753,773 |
0 2,937,156 |
-- 2,909,848 |
Contract intern, resident salaries* Median |
12,718,799 1,251,927 |
12,745,694 1,186,494 |
14,122,485 1,204,885 |
14,304,972 1,279,653 |
-- 1,469,317 |
Contract adjusted salaries, direct-care Median |
13,720,259 1,449,244 |
14,491,621 1,475,986 |
16,490,095 1,563,078 |
17,048,921 1,721,954 |
-- 2,991,828 |
Contract hours, direct-care Median |
415,135.00 22,725 |
423,459.00 23,018.5 |
430,472.00 24,503.48 |
446,076.00 25,026.5 |
-- 33,786 |
Contract wages, direct-care Median |
33.05 64.67 |
34.22 64.53 |
38.31 65.06 |
38.22 68.97 |
-- 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
Web app by Tim Broderick | email.