As of the July, 2022, release via CMS

MS BAPTIST MEDICAL CENTER

CMS id: 250102
1225 NORTH STATE ST., JACKSON MS 39202. County: HINDS
System: BAPTIST MEMORIAL HEALTHCARE CORP
CBSA: Jackson, MS

The 428-bed, acute-care hospital had $-4,143,250 in net service to patients*, with a total profit margin of 14.18739% in fiscal year 2021, the latest year available.
It spent 3.72% of its operating expenses on uncompensated care and reported $141,253 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	395	365	365	366	365
Ownership	nfp	nfp	nfp	nfp	nfp
Acute beds Median	354 118	354 118	355 119.5	355 118	338 119
Total beds Median	446 162	446 162	440 162	440 162	428 163.5
FTEs Median	2,533.96 788.06	2,141.56 793.42	2,219.15 806.03	2,200.02 787.61	2,195.03 804.34

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	446,052,813 150,932,746	389,235,349 158,950,878	416,252,649 168,696,998	379,518,315 163,454,693	462,530,154 186,589,412
Operating expenses Median	399,642,647 149,311,209	392,594,316 156,110,414	428,391,606 164,890,568	441,296,803 166,516,854	466,673,404 180,120,888
Net income from service 2 patients (NS2P) ? Median	46,410,166 -964,173	-3,358,967 -643,601.5	-12,138,957 -116,254	-61,778,488 -5,025,862	-4,143,250 -1,284,564
NS2P margin ? Median	10.40% -0.62	-0.86% -0.29	-2.92% 0.18	-16.28% -5.07	-0.90% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for MS BAPTIST MEDICAL CENTER 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	12,987,551 5,089,215	8,664,190 4,572,541	11,721,607 5,268,134	66,432,048 13,092,619	81,298,295 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	0 199,009	1,394,505 206,870.5	-3,502,441 194,343	1,536,594 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	0 188,688.5	1,061,702 370,813	11,616,280 309,361.5	13,315,154 375,329
⊳ 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	3,538,017	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	4,264,043	4,894,085	3,914,749	2,910,358	2,812,459
⊳ Line 15: Revenue from rental of living quarters	0	0	0	4,279,356	3,873,408
⊳ 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	1,993,628	2,215,458	3,128,956
⊳ Line 18: Revenue from sale of medical records and abstracts	0	0	0	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	502,190	469,245	927,121	784,409	739,702
⊳ Line 21: Rental of vending machines	0	0	0	0	0
⊳ Line 22: Rental of hospital space	405,827	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	4,277,474	3,300,860	2,429,902	48,128,628	55,892,022
Total income ? Median	59,397,717 6,586,430	5,305,223 6,767,106	-417,350 8,419,950	4,653,560 8,094,175	77,155,045 15,162,888
Non-operating expenses Median	59,793,500 146,289.5	50,832,288 164,857	604,956 89,880.5	18,849 106,761	0 31,473.5
Net income Median	-395,783 6,043,842	-45,527,065 5,845,112	-1,022,306 7,606,259	4,634,711 7,283,041	77,155,045 14,957,241
Net margin Median	-0.08622% 4.62%	-11.44185% 4.42%	-0.23887% 5.16%	1.03929% 5.2%	14.18739% 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 MS BAPTIST MEDICAL CENTER 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	100,067,173 23,241,334	91,335,522 23,709,545	100,367,404 24,248,380	100,531,093 22,858,541	101,658,857 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	97,098,654 21,577,146	88,797,654 22,041,594	97,594,936 22,722,063	98,266,918 21,570,441	99,452,375 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	2,968,519 1,845,420	2,537,868 1,757,392	2,772,468 1,738,842	2,264,175 1,510,463	2,206,482 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	47,633,375 11,160,864	46,070,610 11,987,345	50,304,053 12,926,866	44,899,854 11,884,480	48,722,978 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	47,633,375 10,918,923	46,070,610 11,706,976	50,304,053 12,615,917	44,899,854 11,458,116	48,722,978 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	102,225 3,284,314	99,977 3,250,551	98,319 3,386,837	104,741 3,360,806	101,773 3,508,953
Disproportionate-share hospital (DSH) Median	1,937,177 594,888	1,462,382 595,761	1,434,122 577,894	1,700,389 542,168	1,538,058 549,667
Outlier Median	2,770,260 582,572	2,546,573 538,116	536,864 212,434	1,030,559 126,559	1,915,510 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	0 3,662,910	170,118 3,730,911	45,880 4,081,319	14,227 4,643,908	141,253 4,389,147
Charity care Median	13,338,923 2,654,636	9,066,776 2,940,659	12,616,151 3,380,215	0 3,488,738	13,392,887 3,233,405
Uncompensated care (UCC) Median	20,436,732 5,147,790	16,116,583 5,337,617	19,179,915 5,711,082	5,611,779 5,923,418	17,366,798 5,508,107
UCC as a % of operating expenses Median	5.11% 3.24	4.11% 3.12	4.48% 3.21	1.27% 3.3	3.72% 2.86
Total shortfall/UCC Median	20,436,732 9,489,989	16,286,701 9,424,297	19,225,795 10,120,158	5,626,006 11,171,337	17,508,051 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	146,476,682 52,142,039	132,209,453 54,485,252	144,818,178 57,395,589	145,451,346 58,830,919	153,294,461 61,722,907
Salaries as a % of operating expenses Median	36.65 36.68	33.68 36.56	33.81 36.37	32.96 35.93	32.85 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	168,750 1,204,885	0 1,279,653	187,500 1,469,317
Contract adjusted salaries, direct-care Median	4,532,897 1,449,244	4,738,488 1,475,986	4,537,765 1,563,078	2,955,565 1,721,954	2,194,532 2,991,828
Contract hours, direct-care Median	64,738.61 22,725	66,800.79 23,018.5	54,048.00 24,503.48	43,758.31 25,026.5	24,063.00 33,786
Contract wages, direct-care Median	70.02 64.67	70.93 64.53	83.96 65.06	67.54 68.97	91.20 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.