As of the July, 2022, release via CMS

FAXTON-ST. LUKES HEALTHCARE

CMS id: 330044
1656 CHAMPLIN AVENUE, UTICA NY 13502. County: ONEIDA
System: --
CBSA: Utica-Rome, NY

The 288-bed, acute-care hospital had $-29,302,011 in net service to patients*, with a total profit margin of 7.03629% in fiscal year 2021, the latest year available.
It spent 1.09% of its operating expenses on uncompensated care and reported $11,757,459 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	224 118	203 118	203 119.5	244 118	244 119
Total beds Median	268 162	255 162	243 162	288 162	288 163.5
FTEs Median	2,140.23 788.06	2,171.50 793.42	2,100.40 806.03	1,879.20 787.61	1,818.90 804.34

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	274,055,660 150,932,746	275,137,617 158,950,878	275,928,444 168,696,998	262,113,356 163,454,693	314,580,751 186,589,412
Operating expenses Median	297,433,685 149,311,209	305,837,660 156,110,414	309,186,063 164,890,568	306,012,425 166,516,854	343,882,762 180,120,888
Net income from service 2 patients (NS2P) ? Median	-23,378,025 -964,173	-30,700,043 -643,601.5	-33,257,619 -116,254	-43,899,069 -5,025,862	-29,302,011 -1,284,564
NS2P margin ? Median	-8.53% -0.62	-11.16% -0.29	-12.05% 0.18	-16.75% -5.07	-9.31% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for FAXTON-ST. LUKES HEALTHCARE 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	21,235,511 5,089,215	35,187,586 4,572,541	41,646,826 5,268,134	55,190,306 13,092,619	41,150,783 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	0 199,009	355,056 206,870.5	288,800 194,343	656,305 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	0 188,688.5	1,443,277 370,813	1,368,477 309,361.5	1,560,054 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	0	0	66,156	36,302	6,500
⊳ Line 11: Rebates and refunds of expenses	0	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	0	0	0	951,313	687,783
⊳ 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	0	16,704,530	18,960,649	23,965,600
⊳ Line 18: Revenue from sale of medical records and abstracts	0	0	4,650	6,963	3,108
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	0	0	0
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	0	0	0	0	0
⊳ Line 21: Rental of vending machines	0	0	0	0	0
⊳ Line 22: Rental of hospital space	0	0	1,637,971	521,799	1,078,768
⊳ Line 23: Gov appropriations ? ⊳ Median	0 1,017,693	0 983,261.5	1,855,539 1,173,286	3,658,641 1,987,202	143,441 1,597,664
⊳ Sum Line 24	21,235,511	35,187,586	19,579,647	29,397,362	13,049,224
Total income ? Median	-2,142,514 6,586,430	4,487,543 6,767,106	8,389,207 8,419,950	11,291,237 8,094,175	11,848,772 15,162,888
Non-operating expenses Median	-1,345,931 146,289.5	0 164,857	0 89,880.5	-9,955,552 106,761	-13,181,532 31,473.5
Net income Median	-796,583 6,043,842	4,487,543 5,845,112	8,389,207 7,606,259	21,246,789 7,283,041	25,030,304 14,957,241
Net margin Median	-0.26976% 4.62%	1.44608% 4.42%	2.64164% 5.16%	6.69604% 5.2%	7.03629% 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 FAXTON-ST. LUKES HEALTHCARE 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	38,724,529 23,241,334	39,258,809 23,709,545	39,513,858 24,248,380	32,700,639 22,858,541	34,955,635 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	35,520,868 21,577,146	35,766,606 22,041,594	36,216,772 22,722,063	31,138,341 21,570,441	32,639,175 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	3,203,661 3,535,627	3,492,203 3,746,588	3,297,086 3,782,288	1,562,298 3,865,578	2,316,460 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	21,419,556 11,160,864	22,573,544 11,987,345	21,637,538 12,926,866	22,032,641 11,884,480	23,632,212 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	21,419,556 10,918,923	22,573,544 11,706,976	21,637,538 12,615,917	22,032,641 11,458,116	23,632,212 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	642,306 3,284,314	652,604 3,250,551	699,546 3,386,837	580,755 3,360,806	691,969 3,508,953
Disproportionate-share hospital (DSH) Median	1,228,642 594,888	1,404,019 595,761	1,137,421 577,894	1,097,632 542,168	1,118,635 549,667
Outlier Median	1,242,343 582,572	1,493,716 538,116	1,173,681 212,434	1,448,959 126,559	733,188 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	11,954,484 3,662,910	14,859,276 3,730,911	10,310,234 4,081,319	17,358,141 4,643,908	11,757,459 4,389,147
Charity care Median	1,266,245 2,654,636	915,037 2,940,659	971,904 3,380,215	659,485 3,488,738	1,310,373 3,233,405
Uncompensated care (UCC) Median	3,371,672 5,147,790	2,956,925 5,337,617	2,466,025 5,711,082	2,006,007 5,923,418	3,738,209 5,508,107
UCC as a % of operating expenses Median	1.13% 3.24	0.97% 3.12	0.80% 3.21	0.66% 3.3	1.09% 2.86
Total shortfall/UCC Median	15,326,156 9,489,989	17,816,201 9,424,297	12,776,259 10,120,158	19,364,148 11,171,337	15,495,668 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	142,950,259 52,142,039	145,397,749 54,485,252	152,919,792 57,395,589	144,854,357 58,830,919	155,678,516 61,722,907
Salaries as a % of operating expenses Median	48.06 36.68	47.54 36.56	49.46 36.37	47.34 35.93	45.27 35.24
Intern, resident salaries* Median	0 2,598,592	0 2,686,824	0 2,753,773	0 2,937,156	200,746 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	2,462,354 1,449,244	2,745,475 1,475,986	2,897,872 1,563,078	3,636,011 1,721,954	5,823,094 2,991,828
Contract hours, direct-care Median	24,599.00 22,725	28,328.00 23,018.5	38,426.00 24,503.48	44,600.00 25,026.5	50,712.00 33,786
Contract wages, direct-care Median	100.10 64.67	96.92 64.53	75.41 65.06	81.52 68.97	114.83 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.