As of the July, 2022, release via CMS

SSM HEALTH ST. JOSEPH HOSPITAL - SC

CMS id: 260005
300 FIRST CAPITOL DRIVE, ST. CHARLES MO 63301. County: ST. CHARLES
System: SSM HEALTH CARE CORPORATION
CBSA: St. Louis, MO-IL

The 406-bed, acute-care hospital had $-55,023,321 in net service to patients*, with a total profit margin of 4.75438% in fiscal year 2020, the latest year available.
It spent 4.96% 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.

Details

	2017	2018	2019	2020	2021
# of days in fyear	365	365	365	366	--
Ownership	nfp	nfp	nfp	nfp	--
Acute beds Median	338 118	219 118	367 119.5	367 118	-- 119
Total beds Median	406 162	256 162	406 162	406 162	-- 163.5
FTEs Median	1,197.21 788.06	1,064.80 793.42	991.12 806.03	1,080.06 787.61	-- 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	231,419,658 150,932,746	232,562,696 158,950,878	228,696,205 168,696,998	204,503,179 163,454,693	-- 186,589,412
Operating expenses Median	252,597,251 149,311,209	250,910,542 156,110,414	256,092,230 164,890,568	259,526,500 166,516,854	-- 180,120,888
Net income from service 2 patients (NS2P) ? Median	-21,177,593 -964,173	-18,347,846 -643,601.5	-27,396,025 -116,254	-55,023,321 -5,025,862	-- -1,284,564
NS2P margin ? Median	-9.15% -0.62	-7.89% -0.29	-11.98% 0.18	-26.91% -5.07	--% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for SSM HEALTH ST. JOSEPH HOSPITAL - SC 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	27,240,579 5,089,215	33,600,796 4,572,541	40,575,351 5,268,134	67,978,115 13,092,619	-- 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	490,044 224,999	113,692 199,009	238,365 206,870.5	25,678,509 194,343	-- 249,496
⊳ Line 7: Investments ? ⊳ Median	373,628 299,524	458,647 188,688.5	244,103 370,813	-2,514,572 309,361.5	-- 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	12,454	5,108	4,541	1,252	--
⊳ Line 11: Rebates and refunds of expenses	0	0	0	0	--
⊳ Line 12: Parking lot receipts	0	0	0	0	--
⊳ Line 13: Revenue from laundry and linen service	78,128	82,632	90,427	86,099	--
⊳ Line 14: Revenue from meals sold to emplyees and guests	1,260,506	1,233,973	1,314,340	945,253	--
⊳ Line 15: Revenue from rental of living quarters	0	0	0	0	--
⊳ Line 16: Revenue from sale of medical and surgical supplies	0	0	0	0	--
⊳ Line 17: Revenue from sale of drugs to other than patients	16,873,955	22,574,376	26,895,209	27,443,186	--
⊳ Line 18: Revenue from sale of medical records and abstracts	124	2,932	137	420	--
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	0	0	--
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	0	0	0	0	--
⊳ Line 21: Rental of vending machines	0	0	0	0	--
⊳ Line 22: Rental of hospital space	0	0	0	0	--
⊳ Line 23: Gov appropriations ? ⊳ Median	11,372 1,017,693	18,411 983,261.5	0 1,173,286	0 1,987,202	-- 1,597,664
⊳ Sum Line 24	8,140,263	9,110,952	11,788,229	16,337,968	--
Total income ? Median	6,062,986 6,586,430	15,252,950 6,767,106	13,179,326 8,419,950	12,954,794 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	6,062,986 6,043,842	15,252,950 5,845,112	13,179,326 7,606,259	12,954,794 7,283,041	-- 14,957,241
Net margin Median	2.34400% 4.62%	5.73067% 4.42%	4.89444% 5.16%	4.75438% 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 SSM HEALTH ST. JOSEPH HOSPITAL - SC 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	39,003,967 23,241,334	36,256,803 23,709,545	34,156,212 24,248,380	30,185,448 22,858,541	-- 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	33,808,028 21,577,146	33,626,855 22,041,594	30,683,714 22,722,063	28,481,047 21,570,441	-- 22,140,684
⊳ Swingbeds ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Tax Equity and Fiscal Responsibility Act payments (TEFRA) ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Inpatient psychiatric facility (IPF) ⊳ Median	3,296,767 1,845,420	2,629,948 1,757,392	3,472,498 1,738,842	1,704,401 1,510,463	-- 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	1,899,172 3,535,627	0 3,746,588	0 3,782,288	0 3,865,578	-- 3,983,889
⊳ Long-term care hospital (LTCH) ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Critical-access hospitals ⊳ Median	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	-- 1,179,746
All outpatient revenue Median Click here to show/hide details	23,300,080 11,160,864	22,445,368 11,987,345	21,115,662 12,926,866	17,173,413 11,884,480	-- 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	23,300,080 10,918,923	22,445,368 11,706,976	21,115,662 12,615,917	17,173,413 11,458,116	-- 12,776,716
⊳ Home Health agencies (HHA) ⊳ Median	0 1,282,808	0 1,407,728	0 1,341,512	0 1,407,046	-- 1,476,867
⊳ Community mental health clinics (CMHC) ⊳ Median	0 --	0 --	0 --	0 --	-- --
⊳ Rural health clinics ⊳ Median	0 618,038	0 697,279	0 690,232	0 684,010	-- 670,558
⊳ Other federally qualified health clinics ⊳ Median	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	-- 3,508,953
Disproportionate-share hospital (DSH) Median	1,065,714 594,888	778,001 595,761	784,178 577,894	706,568 542,168	-- 549,667
Outlier Median	535,321 582,572	530,027 538,116	190,356 212,434	100,733 126,559	-- 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	0 3,662,910	0 3,730,911	1,428,381 4,081,319	0 4,643,908	-- 4,389,147
Charity care Median	9,070,873 2,654,636	9,237,538 2,940,659	9,591,874 3,380,215	8,414,078 3,488,738	-- 3,233,405
Uncompensated care (UCC) Median	13,531,638 5,147,790	13,490,487 5,337,617	13,960,736 5,711,082	12,872,571 5,923,418	-- 5,508,107
UCC as a % of operating expenses Median	5.36% 3.24	5.38% 3.12	5.45% 3.21	4.96% 3.3	--% 2.86
Total shortfall/UCC Median	13,531,638 9,489,989	13,490,487 9,424,297	15,389,117 10,120,158	12,872,571 11,171,337	-- 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	86,732,910 52,142,039	85,465,359 54,485,252	83,514,869 57,395,589	82,926,628 58,830,919	-- 61,722,907
Salaries as a % of operating expenses Median	34.34 36.68	34.06 36.56	32.61 36.37	31.95 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	0 1,251,927	0 1,186,494	0 1,204,885	0 1,279,653	-- 1,469,317
Contract adjusted salaries, direct-care Median	5,421,312 1,449,244	332,600 1,475,986	6,196,119 1,563,078	6,624,063 1,721,954	-- 2,991,828
Contract hours, direct-care Median	111,616.00 22,725	3,428.54 23,018.5	94,305.00 24,503.48	102,363.68 25,026.5	-- 33,786
Contract wages, direct-care Median	48.57 64.67	97.01 64.53	65.70 65.06	64.71 68.97	-- 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.