As of the July, 2022, release via CMS

BAPTIST MEM HOSPITAL NORTH MISS

CMS id: 250034
1100 BELK BOULEVARD, OXFORD MS 38655. County: LAFAYETTE
System: BAPTIST MEM HEALTH CARE CORP
CBSA: Oxford, MS

The 208-bed, acute-care hospital had $8,989,870 in net service to patients*, with a total profit margin of 12.40574% in fiscal year 2021, the latest year available.
It spent 1.02% of its operating expenses on uncompensated care and reported $301,732 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	168 118	145 118	147 119.5	168 118	171 119
Total beds Median	217 162	182 162	184 162	205 162	208 163.5
FTEs Median	807.49 788.06	828.36 793.42	851.00 806.03	864.55 787.61	927.62 804.34

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	204,006,505 150,932,746	224,960,436 158,950,878	220,825,646 168,696,998	222,851,700 163,454,693	253,137,174 186,589,412
Operating expenses Median	173,065,823 149,311,209	197,289,187 156,110,414	210,936,776 164,890,568	225,442,490 166,516,854	244,147,304 180,120,888
Net income from service 2 patients (NS2P) ? Median	30,940,682 -964,173	27,671,249 -643,601.5	9,888,870 -116,254	-2,590,790 -5,025,862	8,989,870 -1,284,564
NS2P margin ? Median	15.17% -0.62	12.30% -0.29	4.48% 0.18	-1.16% -5.07	3.55% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for BAPTIST MEM HOSPITAL NORTH MISS 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	5,215,869 5,089,215	8,728,354 4,572,541	10,087,940 5,268,134	29,829,272 13,092,619	33,224,148 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	14,684 224,999	2,028 199,009	11,554 206,870.5	240,477 194,343	48,129 249,496
⊳ Line 7: Investments ? ⊳ Median	328,403 299,524	242,310 188,688.5	99,124 370,813	2,100 309,361.5	10 375,329
⊳ 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	880,701	963,832	1,087,098	877,050	973,818
⊳ 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	18,360	3,896	6,030	0	0
⊳ Line 18: Revenue from sale of medical records and abstracts	124	1,049	789	728	282
⊳ 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	0	0	0	0	0
⊳ Line 22: Rental of hospital space	0	379,642	579,281	284,779	286,023
⊳ 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	3,973,597	7,135,597	8,304,064	28,424,138	31,915,886
Total income ? Median	36,156,551 6,586,430	36,399,603 6,767,106	19,976,810 8,419,950	27,238,482 8,094,175	42,214,018 15,162,888
Non-operating expenses Median	-2,678,220 146,289.5	24,839,250 164,857	15,816,628 89,880.5	6,218,674 106,761	6,688,788 31,473.5
Net income Median	38,834,771 6,043,842	11,560,353 5,845,112	4,160,182 7,606,259	21,019,808 7,283,041	35,525,230 14,957,241
Net margin Median	18.56148% 4.62%	4.94690% 4.42%	1.80162% 5.16%	8.31871% 5.2%	12.40574% 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 BAPTIST MEM HOSPITAL NORTH MISS 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	42,736,553 23,241,334	43,930,814 23,709,545	49,083,094 24,248,380	52,120,434 22,858,541	66,043,597 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	40,563,215 21,577,146	41,639,981 22,041,594	46,845,454 22,722,063	49,807,961 21,570,441	62,873,666 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	2,173,338 3,535,627	2,290,833 3,746,588	2,237,640 3,782,288	2,312,473 3,865,578	3,169,931 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	33,327,119 11,160,864	38,521,233 11,987,345	40,785,399 12,926,866	39,907,988 11,884,480	37,384,911 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	33,327,119 10,918,923	38,521,233 11,706,976	40,785,399 12,615,917	39,907,988 11,458,116	37,384,911 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	444,252 3,508,953
Disproportionate-share hospital (DSH) Median	1,012,802 594,888	1,203,317 595,761	1,212,339 577,894	1,181,854 542,168	1,122,254 549,667
Outlier Median	753,759 582,572	669,942 538,116	432,101 212,434	300,422 126,559	529,253 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	0 3,662,910	85,933 3,730,911	59,235 4,081,319	112,616 4,643,908	301,732 4,389,147
Charity care Median	9,675,611 2,654,636	9,060,218 2,940,659	9,605,567 3,380,215	9,340,858 3,488,738	0 3,233,405
Uncompensated care (UCC) Median	14,205,993 5,147,790	13,492,562 5,337,617	13,625,181 5,711,082	13,452,562 5,923,418	2,482,837 5,508,107
UCC as a % of operating expenses Median	8.21% 3.24	6.84% 3.12	6.46% 3.21	5.97% 3.3	1.02% 2.86
Total shortfall/UCC Median	14,205,993 9,489,989	13,578,495 9,424,297	13,684,416 10,120,158	13,565,178 11,171,337	2,784,569 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	42,754,153 52,142,039	45,922,241 54,485,252	47,980,889 57,395,589	51,074,154 58,830,919	59,838,945 61,722,907
Salaries as a % of operating expenses Median	24.70 36.68	23.28 36.56	22.75 36.37	22.66 35.93	24.51 35.24
Intern, resident salaries* Median	0 2,598,592	0 2,686,824	0 2,753,773	0 2,937,156	251,257 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	894,007 1,449,244	228,888 1,475,986	423,169 1,563,078	702,219 1,721,954	2,060,945 2,991,828
Contract hours, direct-care Median	14,237.95 22,725	7,073.00 23,018.5	7,376.00 24,503.48	11,025.00 25,026.5	23,664.00 33,786
Contract wages, direct-care Median	62.79 64.67	32.36 64.53	57.37 65.06	63.69 68.97	87.09 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.