As of the July, 2022, release via CMS

UH - UNIVERSITY HOSPITAL

CMS id: 310119
150 BERGEN STREET, NEWARK NJ 7103. County: ESSEX
System: --
CBSA: New York-Newark-Jersey City, NY-NJ-PA

The 366-bed, acute-care hospital had $-292,772,133 in net service to patients*, with a total profit margin of -2.90999% in fiscal year 2021, the latest year available.
It spent 8.23% of its operating expenses on uncompensated care and reported $36,630,967 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	gov	gov	gov	gov	gov
Acute beds Median	275 118	278 118	266 119.5	272 118	282 119
Total beds Median	378 162	379 162	355 162	351 162	366 163.5
FTEs Median	3,580.35 788.06	3,582.00 793.42	3,410.68 806.03	3,498.57 787.61	3,431.00 804.34

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	617,962,674 150,932,746	658,830,990 158,950,878	685,143,132 168,696,998	529,527,243 163,454,693	568,360,350 186,589,412
Operating expenses Median	711,424,865 149,311,209	740,618,134 156,110,414	768,654,469 164,890,568	822,127,996 166,516,854	861,132,483 180,120,888
Net income from service 2 patients (NS2P) ? Median	-93,462,191 -964,173	-81,787,144 -643,601.5	-83,511,337 -116,254	-292,600,753 -5,025,862	-292,772,133 -1,284,564
NS2P margin ? Median	-15.12% -0.62	-12.41% -0.29	-12.19% 0.18	-55.26% -5.07	-51.51% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for UH - UNIVERSITY 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	32,326,327 5,089,215	21,236,144 4,572,541	23,627,249 5,268,134	269,352,046 13,092,619	268,421,855 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	0 199,009	0 206,870.5	0 194,343	0 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	1,076,687 188,688.5	1,739,826 370,813	943,546 309,361.5	247,010 375,329
⊳ 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	7,921	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	127,191	3,189,295	3,278,876	2,601,392	2,049,632
⊳ 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	9,600	0	0	0
⊳ Line 18: Revenue from sale of medical records and abstracts	1,236	317	723	616	1,123
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	11,380	0	0	0	0
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	5,614,009	0	0	0	0
⊳ Line 21: Rental of vending machines	0	0	0	0	0
⊳ Line 22: Rental of hospital space	4,067,976	3,234,393	4,197,348	7,279,407	5,629,723
⊳ Line 23: Gov appropriations ? ⊳ Median	9,957,159 1,017,693	11,823,606 983,261.5	12,677,128 1,173,286	212,215,789 1,987,202	214,822,117 1,597,664
⊳ Sum Line 24	12,539,455	1,902,246	1,733,348	46,311,296	45,672,250
Total income ? Median	-61,135,864 6,586,430	-60,551,000 6,767,106	-59,884,088 8,419,950	-23,248,707 8,094,175	-24,350,278 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	-61,135,864 6,043,842	-60,551,000 5,845,112	-59,884,088 7,606,259	-23,248,707 7,283,041	-24,350,278 14,957,241
Net margin Median	-9.40134% 4.62%	-8.90368% 4.42%	-8.44901% 5.16%	-2.91017% 5.2%	-2.90999% 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 UH - UNIVERSITY 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	69,423,864 23,241,334	72,552,612 23,709,545	65,306,994 24,248,380	73,233,949 22,858,541	80,501,987 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	69,423,864 21,577,146	72,552,612 22,041,594	65,306,994 22,722,063	73,233,949 21,570,441	80,501,987 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	0 1,845,420	0 1,757,392	0 1,738,842	0 1,510,463	0 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	23,382,327 11,160,864	19,475,306 11,987,345	19,096,176 12,926,866	17,269,578 11,884,480	16,592,375 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	23,382,327 10,918,923	19,475,306 11,706,976	19,096,176 12,615,917	17,269,578 11,458,116	16,592,375 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	17,631,762 3,284,314	17,227,527 3,250,551	14,412,144 3,386,837	15,848,615 3,360,806	16,225,152 3,508,953
Disproportionate-share hospital (DSH) Median	3,441,254 594,888	3,096,173 595,761	2,677,911 577,894	2,410,399 542,168	2,683,843 549,667
Outlier Median	7,746,987 582,572	5,580,836 538,116	3,274,515 212,434	1,176,475 126,559	1,379,042 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	32,841,503 3,662,910	25,281,815 3,730,911	32,446,426 4,081,319	36,473,121 4,643,908	36,630,967 4,389,147
Charity care Median	52,364,950 2,654,636	52,425,783 2,940,659	59,996,074 3,380,215	51,743,296 3,488,738	39,073,971 3,233,405
Uncompensated care (UCC) Median	78,472,082 5,147,790	88,655,136 5,337,617	92,138,716 5,711,082	89,355,108 5,923,418	70,833,520 5,508,107
UCC as a % of operating expenses Median	11.03% 3.24	11.97% 3.12	11.99% 3.21	10.87% 3.3	8.23% 2.86
Total shortfall/UCC Median	111,313,585 9,489,989	113,936,951 9,424,297	124,585,142 10,120,158	125,828,229 11,171,337	107,464,487 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	240,850,250 52,142,039	256,267,931 54,485,252	268,620,446 57,395,589	279,914,830 58,830,919	287,135,582 61,722,907
Salaries as a % of operating expenses Median	33.85 36.68	34.60 36.56	34.95 36.37	34.05 35.93	33.34 35.24
Intern, resident salaries* Median	372,737 2,598,592	394,003 2,686,824	390,727 2,753,773	452,810 2,937,156	521,830 2,909,848
Contract intern, resident salaries* Median	18,324,767 1,251,927	20,411,046 1,186,494	19,726,184 1,204,885	22,468,611 1,279,653	22,429,353 1,469,317
Contract adjusted salaries, direct-care Median	24,492,353 1,449,244	23,881,270 1,475,986	24,722,483 1,563,078	26,124,419 1,721,954	25,689,267 2,991,828
Contract hours, direct-care Median	702,031.00 22,725	718,443.00 23,018.5	732,838.63 24,503.48	731,125.22 25,026.5	663,816.27 33,786
Contract wages, direct-care Median	34.89 64.67	33.24 64.53	33.74 65.06	35.73 68.97	38.70 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.