As of the July, 2022, release via CMS

ATLANTICARE REGIONAL MEDICAL CENTER

CMS id: 310064
65 W. JIMMIE LEEDS ROAD, POMONA NJ 8240. County: ATLANTIC
System: ATLANTICARE HEALTH SYSTEMS
CBSA: Atlantic City-Hammonton, NJ

The 540-bed, acute-care hospital had $-17,490,930 in net service to patients*, with a total profit margin of 5.28410% in fiscal year 2020, the latest year available.
It spent 4.04% of its operating expenses on uncompensated care and reported $5,225,854 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	471 118	450 118	470 119.5	470 118	-- 119
Total beds Median	541 162	520 162	540 162	540 162	-- 163.5
FTEs Median	3,484.00 788.06	3,491.00 793.42	3,470.00 806.03	3,241.00 787.61	-- 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	765,100,862 150,932,746	762,220,656 158,950,878	826,478,788 168,696,998	705,196,791 163,454,693	-- 186,589,412
Operating expenses Median	684,564,097 149,311,209	687,748,555 156,110,414	729,939,764 164,890,568	722,687,721 166,516,854	-- 180,120,888
Net income from service 2 patients (NS2P) ? Median	80,536,765 -964,173	74,472,101 -643,601.5	96,539,024 -116,254	-17,490,930 -5,025,862	-- -1,284,564
NS2P margin ? Median	10.53% -0.62	9.77% -0.29	11.68% 0.18	-2.48% -5.07	--% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for ATLANTICARE REGIONAL 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	75,548,872 5,089,215	66,786,201 4,572,541	66,786,201 5,268,134	57,808,882 13,092,619	-- 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	38,806 224,999	45,343 199,009	45,343 206,870.5	49,179 194,343	-- 249,496
⊳ Line 7: Investments ? ⊳ Median	61,031,940 299,524	53,868,258 188,688.5	53,868,258 370,813	11,398,106 309,361.5	-- 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	34,203	12,469	12,469	1,912	--
⊳ 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	0	0	0	0	--
⊳ Line 14: Revenue from meals sold to emplyees and guests	0	0	0	0	--
⊳ 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	0	0	0	0	--
⊳ Line 18: Revenue from sale of medical records and abstracts	0	0	0	0	--
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	0	0	--
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	9,744	9,213	9,213	6,949	--
⊳ 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	0 1,017,693	0 983,261.5	0 1,173,286	0 1,987,202	-- 1,597,664
⊳ Sum Line 24	14,430,913	12,850,918	12,850,918	46,352,736	--
Total income ? Median	156,085,637 6,586,430	141,258,302 6,767,106	163,325,225 8,419,950	40,317,952 8,094,175	-- 15,162,888
Non-operating expenses Median	-3,423,767 146,289.5	0 164,857	0 89,880.5	0 106,761	-- 31,473.5
Net income Median	159,509,404 6,043,842	141,258,302 5,845,112	163,325,225 7,606,259	40,317,952 7,283,041	-- 14,957,241
Net margin Median	18.97454% 4.62%	17.03946% 4.42%	18.28407% 5.16%	5.28410% 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 ATLANTICARE REGIONAL 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	142,892,442 23,241,334	143,303,347 23,709,545	149,210,047 24,248,380	126,628,596 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	142,892,442 21,577,146	143,303,347 22,041,594	149,210,047 22,722,063	126,628,596 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	0 1,845,420	0 1,757,392	0 1,738,842	0 1,510,463	-- 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	0 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	44,731,352 11,160,864	45,040,255 11,987,345	42,545,510 12,926,866	41,539,138 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	44,731,352 10,918,923	45,040,255 11,706,976	42,545,510 12,615,917	41,539,138 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	6,961,460 3,284,314	6,952,438 3,250,551	7,343,162 3,386,837	6,693,122 3,360,806	-- 3,508,953
Disproportionate-share hospital (DSH) Median	5,647,228 594,888	5,464,713 595,761	4,902,024 577,894	4,464,812 542,168	-- 549,667
Outlier Median	2,068,004 582,572	1,007,691 538,116	945,746 212,434	146,780 126,559	-- 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	0 3,662,910	0 3,730,911	0 4,081,319	5,225,854 4,643,908	-- 4,389,147
Charity care Median	37,034,701 2,654,636	16,896,047 2,940,659	26,447,052 3,380,215	23,857,196 3,488,738	-- 3,233,405
Uncompensated care (UCC) Median	62,534,012 5,147,790	34,608,574 5,337,617	30,781,050 5,711,082	29,200,228 5,923,418	-- 5,508,107
UCC as a % of operating expenses Median	9.13% 3.24	5.03% 3.12	4.22% 3.21	4.04% 3.3	--% 2.86
Total shortfall/UCC Median	62,534,012 9,489,989	34,608,574 9,424,297	30,781,050 10,120,158	34,426,082 11,171,337	-- 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	230,217,774 52,142,039	245,606,040 54,485,252	238,906,709 57,395,589	238,580,070 58,830,919	-- 61,722,907
Salaries as a % of operating expenses Median	35.10 36.68	37.00 36.56	34.22 36.37	34.58 35.93	-- 35.24
Intern, resident salaries* Median	3,205,203 2,598,592	3,271,016 2,686,824	3,303,131 2,753,773	3,276,692 2,937,156	-- 2,909,848
Contract intern, resident salaries* Median	0 1,251,927	831,026 1,186,494	0 1,204,885	0 1,279,653	-- 1,469,317
Contract adjusted salaries, direct-care Median	3,856,226 1,449,244	2,732,157 1,475,986	744,293 1,563,078	8,459,090 1,721,954	-- 2,991,828
Contract hours, direct-care Median	41,384.00 22,725	35,942.00 23,018.5	10,753.00 24,503.48	90,635.00 25,026.5	-- 33,786
Contract wages, direct-care Median	93.18 64.67	76.02 64.53	69.22 65.06	93.33 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.