As of the July, 2022, release via CMS

LONG ISLAND JEWISH MEDICAL CENTER

CMS id: 330195
275-05 76TH STREET, NEW HYDE PARK NY 11040. County: QUEENS
System: NORTHWELL HEALTHCARE INC
CBSA: New York-Newark-Jersey City, NY-NJ-PA

The 1,512-bed, acute-care hospital had $-663,090,087 in net service to patients*, with a total profit margin of 4.84204% in fiscal year 2021, the latest year available.
It spent 0.95% of its operating expenses on uncompensated care and reported $127,343,972 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	1,005 118	1,007 118	979 119.5	982 118	980 119
Total beds Median	1,547 162	1,549 162	1,401 162	1,382 162	1,512 163.5
FTEs Median	13,738.10 788.06	14,274.70 793.42	14,196.90 806.03	14,577.00 787.61	14,913.00 804.34

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	2,222,706,644 150,932,746	2,448,878,160 158,950,878	2,597,418,751 168,696,998	2,512,859,641 163,454,693	2,779,128,197 186,589,412
Operating expenses Median	2,713,709,432 149,311,209	2,981,636,025 156,110,414	3,002,675,002 164,890,568	3,160,716,052 166,516,854	3,442,218,284 180,120,888
Net income from service 2 patients (NS2P) ? Median	-491,002,788 -964,173	-532,757,865 -643,601.5	-405,256,251 -116,254	-647,856,411 -5,025,862	-663,090,087 -1,284,564
NS2P margin ? Median	-22.09% -0.62	-21.76% -0.29	-15.60% 0.18	-25.78% -5.07	-23.86% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for LONG ISLAND JEWISH 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	645,348,931 5,089,215	588,809,927 4,572,541	767,964,255 5,268,134	1,052,812,315 13,092,619	838,605,284 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	26,253,052 299,524	34,923,196 188,688.5	39,706,625 370,813	33,750,289 309,361.5	94,987,648 375,329
⊳ 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	2,804,925	2,696,465	2,054,603	2,623,481	2,547,956
⊳ Line 12: Parking lot receipts	1,855,908	2,008,647	2,050,908	878,084	1,035,467
⊳ Line 13: Revenue from laundry and linen service	0	0	0	0	0
⊳ Line 14: Revenue from meals sold to emplyees and guests	3,081,236	2,859,419	3,079,878	2,268,860	2,735,752
⊳ Line 15: Revenue from rental of living quarters	0	0	0	0	36,049,249
⊳ Line 16: Revenue from sale of medical and surgical supplies	0	0	16,448,533	15,761,504	0
⊳ Line 17: Revenue from sale of drugs to other than patients	12,805,440	14,814,939	0	0	0
⊳ Line 18: Revenue from sale of medical records and abstracts	27,790	24,135	0	0	0
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	0	0	0
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	835,505	888,158	949,364	546,421	483,705
⊳ Line 21: Rental of vending machines	15,227	13,626	3,390	89	30,871
⊳ Line 22: Rental of hospital space	34,485,051	29,343,426	34,654,511	35,788,958	40,182,966
⊳ Line 23: Gov appropriations ? ⊳ Median	24,067,941 1,017,693	37,408,264 983,261.5	27,476,154 1,173,286	23,604,009 1,987,202	15,452,149 1,597,664
⊳ Sum Line 24	539,116,976	463,833,451	641,540,289	937,590,631	645,099,532
Total income ? Median	154,346,143 6,586,430	56,052,062 6,767,106	362,708,004 8,419,950	404,955,904 8,094,175	175,515,197 15,162,888
Non-operating expenses Median	0 146,289.5	-2 164,857	0 89,880.5	0 106,761	343,197 31,473.5
Net income Median	154,346,143 6,043,842	56,052,064 5,845,112	362,708,004 7,606,259	404,955,904 7,283,041	175,172,000 14,957,241
Net margin Median	5.38156% 4.62%	1.84522% 4.42%	10.77761% 5.16%	11.35707% 5.2%	4.84204% 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 LONG ISLAND JEWISH 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	309,536,114 23,241,334	324,723,870 23,709,545	336,616,753 24,248,380	309,882,529 22,858,541	327,753,443 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	277,161,116 21,577,146	294,894,483 22,041,594	307,617,788 22,722,063	285,923,413 21,570,441	298,194,794 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	20,340,592 1,845,420	18,678,944 1,757,392	16,821,912 1,738,842	14,965,863 1,510,463	16,575,438 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	12,034,406 1,203,033	11,150,443 1,215,295	12,177,053 1,313,657	8,993,253 1,365,298	12,983,211 1,179,746
All outpatient revenue Median Click here to show/hide details	104,985,583 11,160,864	113,922,016 11,987,345	127,938,981 12,926,866	118,930,428 11,884,480	133,605,612 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	88,395,997 10,918,923	98,744,481 11,706,976	112,909,623 12,615,917	106,034,380 11,458,116	120,655,465 12,776,716
⊳ Home Health agencies (HHA) ⊳ Median	16,589,586 1,282,808	15,177,535 1,407,728	15,029,358 1,341,512	12,896,048 1,407,046	12,950,147 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	69,405,902 3,284,314	74,534,323 3,250,551	78,900,886 3,386,837	69,915,643 3,360,806	71,364,990 3,508,953
Disproportionate-share hospital (DSH) Median	9,126,812 594,888	10,234,762 595,761	11,200,707 577,894	10,857,704 542,168	9,046,339 549,667
Outlier Median	14,178,744 582,572	10,626,414 538,116	2,804,515 212,434	2,806,179 126,559	3,305,776 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	53,443,357 3,662,910	41,315,259 3,730,911	21,842 4,081,319	66,627,624 4,643,908	127,343,972 4,389,147
Charity care Median	37,458,534 2,654,636	37,428,688 2,940,659	34,926,571 3,380,215	34,399,159 3,488,738	31,885,590 3,233,405
Uncompensated care (UCC) Median	38,795,374 5,147,790	40,374,993 5,337,617	39,130,869 5,711,082	38,535,057 5,923,418	32,793,981 5,508,107
UCC as a % of operating expenses Median	1.43% 3.24	1.35% 3.12	1.30% 3.21	1.22% 3.3	0.95% 2.86
Total shortfall/UCC Median	92,238,731 9,489,989	81,690,252 9,424,297	39,152,711 10,120,158	105,162,681 11,171,337	160,137,953 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	1,344,802,778 52,142,039	1,446,544,123 54,485,252	1,488,664,473 57,395,589	1,608,337,734 58,830,919	1,720,543,893 61,722,907
Salaries as a % of operating expenses Median	49.37 36.68	48.36 36.56	49.58 36.37	50.89 35.93	49.68 35.24
Intern, resident salaries* Median	48,320,993 2,598,592	49,440,459 2,686,824	50,840,262 2,753,773	50,262,928 2,937,156	8,207,519 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	1,280,932 1,449,244	1,839,818 1,475,986	0 1,563,078	17,545,306 1,721,954	22,921,475 2,991,828
Contract hours, direct-care Median	16,411.00 22,725	24,822.00 23,018.5	0.00 24,503.48	121,544.00 25,026.5	121,883.00 33,786
Contract wages, direct-care Median	78.05 64.67	74.12 64.53	0.00 65.06	144.35 68.97	188.06 88.94

* in an approved program

Return to top

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.