As of the July, 2022, release via CMS

MOUNTAINSIDE HOSPITAL

CMS id: 310054
1 BAY AVENUE, MONTCLAIR NJ 7042. County: ESSEX
System: ARDENT HEALTH SERVICES
CBSA: New York-Newark-Jersey City, NY-NJ-PA

The 219-bed, acute-care hospital had $45,052,455 in net service to patients*, with a total profit margin of 19.32922% in fiscal year 2021, the latest year available.
It spent 3.07% of its operating expenses on uncompensated care and reported $9,160,630 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	forprofit	forprofit	forprofit	forprofit	forprofit
Acute beds Median	156 118	165 118	165 119.5	165 118	165 119
Total beds Median	222 162	231 162	231 162	231 162	219 163.5
FTEs Median	1,155.58 788.06	1,118.32 793.42	1,189.41 806.03	1,081.98 787.61	1,064.43 804.34

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	237,667,220 150,932,746	251,076,125 158,950,878	267,268,067 168,696,998	243,847,360 163,454,693	283,084,007 186,589,412
Operating expenses Median	213,610,921 149,311,209	231,805,026 156,110,414	247,108,111 164,890,568	234,992,352 166,516,854	238,031,552 180,120,888
Net income from service 2 patients (NS2P) ? Median	24,056,299 -964,173	19,271,099 -643,601.5	20,159,956 -116,254	8,855,008 -5,025,862	45,052,455 -1,284,564
NS2P margin ? Median	10.12% -0.62	7.68% -0.29	7.54% 0.18	3.63% -5.07	15.91% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for MOUNTAINSIDE HOSPITAL 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	1,801,796 5,089,215	3,831,219 4,572,541	954,465 5,268,134	25,170,158 13,092,619	11,981,391 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	88,619 224,999	0 199,009	0 206,870.5	0 194,343	250 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	0 188,688.5	0 370,813	44,546 309,361.5	0 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	13,977	--	--	--	--
⊳ Line 10: Purchase discounts	0	3	16	4	0
⊳ Line 11: Rebates and refunds of expenses	0	0	0	0	0
⊳ Line 12: Parking lot receipts	77,844	39,547	34,836	65,468	22,673
⊳ Line 13: Revenue from laundry and linen service	0	0	0	0	0
⊳ Line 14: Revenue from meals sold to emplyees and guests	0	0	0	0	0
⊳ Line 15: Revenue from rental of living quarters	83,565	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	25	0	0	0
⊳ Line 18: Revenue from sale of medical records and abstracts	0	17,416	661	1,341	0
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	0	0	0
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	21,679	0	0	0	0
⊳ Line 21: Rental of vending machines	0	0	20,748	9,668	14,702
⊳ Line 22: Rental of hospital space	0	395,771	311,862	178,607	479,085
⊳ 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	1,500,397	3,377,557	585,862	24,810,158	11,464,681
Total income ? Median	25,858,095 6,586,430	23,102,318 6,767,106	21,114,421 8,419,950	34,025,166 8,094,175	57,033,846 15,162,888
Non-operating expenses Median	0 146,289.5	0 164,857	0 89,880.5	510,090 106,761	0 31,473.5
Net income Median	25,858,095 6,043,842	23,102,318 5,845,112	21,114,421 7,606,259	33,515,076 7,283,041	57,033,846 14,957,241
Net margin Median	10.79810% 4.62%	9.06303% 4.42%	7.87198% 5.16%	12.45832% 5.2%	19.32922% 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 MOUNTAINSIDE HOSPITAL 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	58,413,138 23,241,334	58,051,449 23,709,545	53,255,290 24,248,380	51,350,836 22,858,541	51,048,001 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	53,547,704 21,577,146	53,722,159 22,041,594	49,974,346 22,722,063	48,625,376 21,570,441	48,693,562 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	2,818,465 1,845,420	2,531,554 1,757,392	1,928,642 1,738,842	1,952,841 1,510,463	2,354,439 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	2,046,969 1,203,033	1,797,736 1,215,295	1,352,302 1,313,657	772,619 1,365,298	0 1,179,746
All outpatient revenue Median Click here to show/hide details	16,886,016 11,160,864	19,526,820 11,987,345	17,799,879 12,926,866	13,567,878 11,884,480	15,211,681 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	16,886,016 10,918,923	19,526,820 11,706,976	17,799,879 12,615,917	13,567,878 11,458,116	15,211,681 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	9,389,128 3,284,314	9,124,516 3,250,551	9,501,235 3,386,837	9,219,698 3,360,806	8,902,537 3,508,953
Disproportionate-share hospital (DSH) Median	485,679 594,888	258,901 595,761	388,433 577,894	461,028 542,168	649,003 549,667
Outlier Median	378,044 582,572	294,062 538,116	371,012 212,434	656,219 126,559	975,147 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	0 3,662,910	6,463,799 3,730,911	8,688,990 4,081,319	8,891,314 4,643,908	9,160,630 4,389,147
Charity care Median	4,799,368 2,654,636	3,880,175 2,940,659	6,288,384 3,380,215	5,982,890 3,488,738	5,526,826 3,233,405
Uncompensated care (UCC) Median	5,436,396 5,147,790	5,287,363 5,337,617	7,077,374 5,711,082	8,462,772 5,923,418	7,305,656 5,508,107
UCC as a % of operating expenses Median	2.54% 3.24	2.28% 3.12	2.86% 3.21	3.60% 3.3	3.07% 2.86
Total shortfall/UCC Median	5,436,396 9,489,989	11,751,162 9,424,297	15,766,364 10,120,158	17,354,086 11,171,337	16,466,286 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	85,469,137 52,142,039	87,452,214 54,485,252	90,212,490 57,395,589	87,429,395 58,830,919	90,266,274 61,722,907
Salaries as a % of operating expenses Median	40.01 36.68	37.73 36.56	37.20 36.37	38.16 35.93	37.92 35.24
Intern, resident salaries* Median	5,666,277 2,598,592	6,094,308 2,686,824	6,363,476 2,753,773	6,251,900 2,937,156	6,099,948 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	1,616,364 1,449,244	1,241,802 1,475,986	2,940,469 1,563,078	1,264,781 1,721,954	4,167,983 2,991,828
Contract hours, direct-care Median	35,721.00 22,725	18,948.00 23,018.5	41,819.00 24,503.48	14,853.00 25,026.5	35,953.00 33,786
Contract wages, direct-care Median	45.25 64.67	65.54 64.53	70.31 65.06	85.15 68.97	115.93 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.