As of the July, 2022, release via CMS

ENGLEWOOD HOSPITAL & MED CTR

CMS id: 310045
350 ENGLE STREET, ENGLEWOOD NJ 7631. County: BERGEN
System: --
CBSA: New York-Newark-Jersey City, NY-NJ-PA

The 288-bed, acute-care hospital had $-7,157,349 in net service to patients*, with a total profit margin of 0.84901% in fiscal year 2021, the latest year available.
It spent 1.10% of its operating expenses on uncompensated care and reported $16,555,790 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	229 118	238 118	238 119.5	252 118	245 119
Total beds Median	282 162	289 162	281 162	298 162	288 163.5
FTEs Median	3,836.92 788.06	2,217.80 793.42	2,278.89 806.03	2,282.35 787.61	2,307.79 804.34

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	615,886,000 150,932,746	650,610,302 158,950,878	751,345,970 168,696,998	792,026,926 163,454,693	875,356,547 186,589,412
Operating expenses Median	597,384,884 149,311,209	651,343,071 156,110,414	725,233,321 164,890,568	781,840,142 166,516,854	882,513,896 180,120,888
Net income from service 2 patients (NS2P) ? Median	18,501,116 -964,173	-732,769 -643,601.5	26,112,649 -116,254	10,186,784 -5,025,862	-7,157,349 -1,284,564
NS2P margin ? Median	3.00% -0.62	-0.11% -0.29	3.48% 0.18	1.29% -5.07	-0.82% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for ENGLEWOOD HOSPITAL & MED CTR 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	13,968,000 5,089,215	15,265,060 4,572,541	17,549,447 5,268,134	26,550,587 13,092,619	14,714,096 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	653,487 199,009	663,187 206,870.5	614,456 194,343	648,808 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	1,088,461 188,688.5	1,738,337 370,813	1,774,218 309,361.5	1,011,065 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	0	220,410	267,402	304,231	461,458
⊳ Line 11: Rebates and refunds of expenses	0	0	0	0	0
⊳ Line 12: Parking lot receipts	13,968,000	215,012	871	10	0
⊳ Line 13: Revenue from laundry and linen service	0	0	0	0	0
⊳ Line 14: Revenue from meals sold to emplyees and guests	0	2,465,495	2,377,323	1,670,849	1,680,798
⊳ 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	0	12,810	24,683	6,556	7,364
⊳ Line 18: Revenue from sale of medical records and abstracts	0	4,991	1,998	98	139
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	135,817	163,118	126,869	110,440
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	0	0	0	0	0
⊳ Line 21: Rental of vending machines	0	36,284	21,048	33,143	25,432
⊳ Line 22: Rental of hospital space	0	1,148,532	1,051,208	1,253,386	1,225,393
⊳ 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	--	9,283,761	11,240,272	20,766,771	9,543,199
Total income ? Median	32,469,116 6,586,430	14,532,291 6,767,106	43,662,096 8,419,950	36,737,371 8,094,175	7,556,747 15,162,888
Non-operating expenses Median	0 146,289.5	0 164,857	0 89,880.5	0 106,761	0 31,473.5
Net income Median	32,469,116 6,043,842	14,532,291 5,845,112	43,662,096 7,606,259	36,737,371 7,283,041	7,556,747 14,957,241
Net margin Median	5.15502% 4.62%	2.18243% 4.42%	5.67855% 5.16%	4.48795% 5.2%	0.84901% 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 ENGLEWOOD HOSPITAL & MED CTR 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	95,809,011 23,241,334	94,036,481 23,709,545	99,311,245 24,248,380	91,375,980 22,858,541	97,904,059 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	93,024,305 21,577,146	91,371,129 22,041,594	96,967,654 22,722,063	90,183,881 21,570,441	96,543,327 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	2,784,706 1,845,420	2,665,352 1,757,392	2,343,591 1,738,842	1,192,099 1,510,463	1,360,732 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	62,831,129 11,160,864	67,943,281 11,987,345	71,623,999 12,926,866	59,548,710 11,884,480	70,614,206 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	62,831,129 10,918,923	67,943,281 11,706,976	71,623,999 12,615,917	59,548,710 11,458,116	70,614,206 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	10,857,231 3,284,314	10,949,331 3,250,551	10,867,886 3,386,837	9,753,068 3,360,806	10,396,365 3,508,953
Disproportionate-share hospital (DSH) Median	996,143 594,888	1,034,140 595,761	1,106,506 577,894	1,092,656 542,168	1,322,715 549,667
Outlier Median	1,202,488 582,572	1,857,868 538,116	1,098,506 212,434	801,474 126,559	469,264 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	9,255,455 3,662,910	6,956,945 3,730,911	2,668,814 4,081,319	97,334,782 4,643,908	16,555,790 4,389,147
Charity care Median	28,444,884 2,654,636	33,173,807 2,940,659	10,653,461 3,380,215	53,835,574 3,488,738	7,440,751 3,233,405
Uncompensated care (UCC) Median	29,976,836 5,147,790	35,441,787 5,337,617	13,147,107 5,711,082	56,251,621 5,923,418	9,739,121 5,508,107
UCC as a % of operating expenses Median	5.02% 3.24	5.44% 3.12	1.81% 3.21	7.19% 3.3	1.10% 2.86
Total shortfall/UCC Median	39,232,291 9,489,989	42,398,732 9,424,297	15,815,921 10,120,158	153,586,403 11,171,337	26,294,911 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	153,958,041 52,142,039	173,993,760 54,485,252	175,005,201 57,395,589	180,887,143 58,830,919	186,016,940 61,722,907
Salaries as a % of operating expenses Median	25.77 36.68	26.71 36.56	24.13 36.37	23.14 35.93	21.08 35.24
Intern, resident salaries* Median	3,632,765 2,598,592	3,842,318 2,686,824	4,050,655 2,753,773	4,422,968 2,937,156	4,589,223 2,909,848
Contract intern, resident salaries* Median	914,008 1,251,927	926,711 1,186,494	1,084,541 1,204,885	1,088,683 1,279,653	1,102,293 1,469,317
Contract adjusted salaries, direct-care Median	6,731,353 1,449,244	7,871,205 1,475,986	5,723,440 1,563,078	10,719,077 1,721,954	13,186,033 2,991,828
Contract hours, direct-care Median	96,344.31 22,725	105,434.00 23,018.5	89,677.38 24,503.48	117,708.95 25,026.5	128,057.88 33,786
Contract wages, direct-care Median	69.87 64.67	74.66 64.53	63.82 65.06	91.06 68.97	102.97 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.