As of the July, 2022, release via CMS

BAPTIST MEM HOSPITAL GOLDEN TRIANGLE

CMS id: 250100
2520 FIFTH STREET NORTH, COLUMBUS MS 39701. County: LOWNDES
System: BAPTIST MEM HEALTH CARE CORP
CBSA: Columbus, MS

The 211-bed, acute-care hospital had $27,362,698 in net service to patients*, with a total profit margin of 10.25700% in fiscal year 2021, the latest year available.
It spent 7.61% of its operating expenses on uncompensated care and reported $48,584 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	244 118	140 118	141 119.5	141 118	141 119
Total beds Median	315 162	211 162	211 162	211 162	211 163.5
FTEs Median	882.42 788.06	889.39 793.42	925.16 806.03	961.35 787.61	974.30 804.34

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	200,102,741 150,932,746	201,048,783 158,950,878	192,787,624 168,696,998	198,373,225 163,454,693	221,132,893 186,589,412
Operating expenses Median	153,685,586 149,311,209	157,818,332 156,110,414	168,113,114 164,890,568	177,767,750 166,516,854	193,770,195 180,120,888
Net income from service 2 patients (NS2P) ? Median	46,417,155 -964,173	43,230,451 -643,601.5	24,674,510 -116,254	20,605,475 -5,025,862	27,362,698 -1,284,564
NS2P margin ? Median	23.20% -0.62	21.50% -0.29	12.80% 0.18	10.39% -5.07	12.37% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for BAPTIST MEM HOSPITAL GOLDEN TRIANGLE 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	-475,337 5,089,215	6,229,945 4,572,541	7,494,437 5,268,134	12,354,741 13,092,619	4,835,359 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	306,506 224,999	84,201 199,009	112,674 206,870.5	21,434 194,343	110,555 249,496
⊳ Line 7: Investments ? ⊳ Median	27,279 299,524	34,541 188,688.5	84,132 370,813	17,346 309,361.5	18,001 375,329
⊳ 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	1,969
⊳ 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	780,823	761,254	814,932	706,749	661,311
⊳ 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	62,733	46,244	50,037	432,264	259,979
⊳ Line 18: Revenue from sale of medical records and abstracts	460	0	5,150	8,289	9,997
⊳ 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	499,351	403,125	386,731	106,817	173,350
⊳ 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	-2,152,489	4,900,580	6,040,781	11,061,842	3,600,197
Total income ? Median	45,941,818 6,586,430	49,460,396 6,767,106	32,168,947 8,419,950	32,960,216 8,094,175	32,198,057 15,162,888
Non-operating expenses Median	21,919,774 146,289.5	35,571,614 164,857	9,054,403 89,880.5	8,417,148 106,761	9,020,496 31,473.5
Net income Median	24,022,044 6,043,842	13,888,782 5,845,112	23,114,544 7,606,259	24,543,068 7,283,041	23,177,561 14,957,241
Net margin Median	12.03344% 4.62%	6.70053% 4.42%	11.54100% 5.16%	11.64680% 5.2%	10.25700% 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 GOLDEN TRIANGLE 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	38,368,153 23,241,334	37,254,967 23,709,545	44,822,379 24,248,380	45,977,564 22,858,541	49,126,778 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	35,103,609 21,577,146	34,170,612 22,041,594	41,051,154 22,722,063	42,570,092 21,570,441	45,618,980 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	2,299,227 1,845,420	1,898,534 1,757,392	2,319,012 1,738,842	1,933,770 1,510,463	2,201,529 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	965,317 1,203,033	1,185,821 1,215,295	1,452,213 1,313,657	1,473,702 1,365,298	1,306,269 1,179,746
All outpatient revenue Median Click here to show/hide details	28,108,428 11,160,864	29,838,174 11,987,345	34,801,391 12,926,866	37,063,742 11,884,480	40,502,969 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	28,108,428 10,918,923	29,838,174 11,706,976	34,801,391 12,615,917	37,063,742 11,458,116	40,502,969 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	393,002 3,250,551	1,350,894 3,386,837	2,545,905 3,360,806	2,528,580 3,508,953
Disproportionate-share hospital (DSH) Median	1,114,666 594,888	909,960 595,761	1,001,457 577,894	1,052,978 542,168	1,000,821 549,667
Outlier Median	565,459 582,572	426,927 538,116	76,965 212,434	80,926 126,559	36,388 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	23,155 3,662,910	46,004 3,730,911	26,848 4,081,319	54,169 4,643,908	48,584 4,389,147
Charity care Median	13,434,850 2,654,636	8,977,161 2,940,659	9,732,423 3,380,215	10,423,431 3,488,738	11,065,874 3,233,405
Uncompensated care (UCC) Median	19,352,405 5,147,790	13,477,969 5,337,617	13,711,716 5,711,082	14,350,176 5,923,418	14,740,536 5,508,107
UCC as a % of operating expenses Median	12.59% 3.24	8.54% 3.12	8.16% 3.21	8.07% 3.3	7.61% 2.86
Total shortfall/UCC Median	19,375,560 9,489,989	13,523,973 9,424,297	13,738,564 10,120,158	14,404,345 11,171,337	14,789,120 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	45,164,401 52,142,039	46,869,293 54,485,252	49,735,867 57,395,589	54,860,695 58,830,919	60,178,607 61,722,907
Salaries as a % of operating expenses Median	29.39 36.68	29.70 36.56	29.58 36.37	30.86 35.93	31.06 35.24
Intern, resident salaries* Median	106,190 2,598,592	608,426 2,686,824	940,144 2,753,773	1,265,764 2,937,156	1,291,383 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	428,737 1,449,244	0 1,475,986	0 1,563,078	274,431 1,721,954	488,098 2,991,828
Contract hours, direct-care Median	5,368.91 22,725	0.00 23,018.5	0.00 24,503.48	4,658.70 25,026.5	5,624.00 33,786
Contract wages, direct-care Median	79.86 64.67	0.00 64.53	0.00 65.06	58.91 68.97	86.79 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.