As of the July, 2022, release via CMS

NEW YORK-PRESBYTERIAN/BROOKLYN METHO

CMS id: 330236
506 SIXTH STREET, BROOKLYN NY 11215. County: KINGS
System: --
CBSA: New York-Newark-Jersey City, NY-NJ-PA

The 591-bed, acute-care hospital had $-142,860,206 in net service to patients*, with a total profit margin of 7.31357% in fiscal year 2020, the latest year available.
It spent 1.84% of its operating expenses on uncompensated care and reported $50,646,077 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	454 118	454 118	454 119.5	454 118	-- 119
Total beds Median	591 162	591 162	591 162	591 162	-- 163.5
FTEs Median	4,096.30 788.06	4,049.80 793.42	3,990.80 806.03	3,938.90 787.61	-- 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	835,374,466 150,932,746	861,755,673 158,950,878	848,145,694 168,696,998	756,699,094 163,454,693	-- 186,589,412
Operating expenses Median	796,803,042 149,311,209	819,028,448 156,110,414	824,477,509 164,890,568	899,559,300 166,516,854	-- 180,120,888
Net income from service 2 patients (NS2P) ? Median	38,571,424 -964,173	42,727,225 -643,601.5	23,668,185 -116,254	-142,860,206 -5,025,862	-- -1,284,564
NS2P margin ? Median	4.62% -0.62	4.96% -0.29	2.79% 0.18	-18.88% -5.07	--% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for NEW YORK-PRESBYTERIAN/BROOKLYN METHO 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	130,785,576 5,089,215	39,898,775 4,572,541	43,980,815 5,268,134	150,245,206 13,092,619	-- 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	469,351 224,999	329,252 199,009	373,181 206,870.5	166,416 194,343	-- 249,496
⊳ Line 7: Investments ? ⊳ Median	27,844,124 299,524	0 188,688.5	0 370,813	0 309,361.5	-- 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	35,569	10,101	1,487	13,415	--
⊳ Line 11: Rebates and refunds of expenses	2,458,886	1,590,005	5,194,299	3,601,651	--
⊳ Line 12: Parking lot receipts	1,986,526	1,718,829	1,727,292	1,225,749	--
⊳ Line 13: Revenue from laundry and linen service	0	0	0	0	--
⊳ Line 14: Revenue from meals sold to emplyees and guests	1,185,658	1,300,884	1,287,700	754,917	--
⊳ Line 15: Revenue from rental of living quarters	727,611	750,267	821,315	835,435	--
⊳ 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	4,588,281	3,411,281	2,707,614	4,131,469	--
⊳ Line 18: Revenue from sale of medical records and abstracts	45,353	39,631	43,623	28,117	--
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	0	0	--
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	0	0	0	0	--
⊳ Line 21: Rental of vending machines	1,644	794	1,467	455	--
⊳ Line 22: Rental of hospital space	302,395	98,583	180,210	53,850	--
⊳ Line 23: Gov appropriations ? ⊳ Median	873,462 1,017,693	556,148 983,261.5	832,563 1,173,286	0 1,987,202	-- 1,597,664
⊳ Sum Line 24	90,266,716	30,093,000	30,810,064	139,433,732	--
Total income ? Median	169,357,000 6,586,430	82,626,000 6,767,106	67,649,000 8,419,950	7,385,000 8,094,175	-- 15,162,888
Non-operating expenses Median	-11,297,000 146,289.5	21,266,000 164,857	-93,188,000 89,880.5	-58,945,000 106,761	-- 31,473.5
Net income Median	180,654,000 6,043,842	61,360,000 5,845,112	160,837,000 7,606,259	66,330,000 7,283,041	-- 14,957,241
Net margin Median	18.69814% 4.62%	6.80527% 4.42%	18.02850% 5.16%	7.31357% 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 NEW YORK-PRESBYTERIAN/BROOKLYN METHO 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	172,291,622 23,241,334	176,887,406 23,709,545	172,531,473 24,248,380	160,155,971 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	160,520,898 21,577,146	164,878,750 22,041,594	162,368,240 22,722,063	151,788,580 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	4,840,906 1,845,420	4,313,661 1,757,392	3,074,295 1,738,842	691,027 1,510,463	-- 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	6,929,818 3,535,627	7,694,995 3,746,588	7,088,938 3,782,288	7,676,364 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	25,742,484 11,160,864	25,364,153 11,987,345	25,980,599 12,926,866	19,598,658 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	25,742,484 10,918,923	25,364,153 11,706,976	25,980,599 12,615,917	19,598,658 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	38,274,515 3,284,314	40,053,514 3,250,551	40,981,555 3,386,837	39,786,401 3,360,806	-- 3,508,953
Disproportionate-share hospital (DSH) Median	6,054,285 594,888	5,936,287 595,761	5,808,767 577,894	5,313,122 542,168	-- 549,667
Outlier Median	3,137,960 582,572	3,124,843 538,116	302,024 212,434	243,133 126,559	-- 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	16,729,668 3,662,910	24,859,689 3,730,911	32,861,529 4,081,319	50,646,077 4,643,908	-- 4,389,147
Charity care Median	10,304,373 2,654,636	8,904,286 2,940,659	9,492,053 3,380,215	12,724,169 3,488,738	-- 3,233,405
Uncompensated care (UCC) Median	16,414,238 5,147,790	12,952,541 5,337,617	13,148,109 5,711,082	16,534,288 5,923,418	-- 5,508,107
UCC as a % of operating expenses Median	2.06% 3.24	1.58% 3.12	1.59% 3.21	1.84% 3.3	--% 2.86
Total shortfall/UCC Median	33,143,906 9,489,989	37,812,230 9,424,297	46,009,638 10,120,158	67,180,365 11,171,337	-- 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	355,432,066 52,142,039	365,242,293 54,485,252	378,178,745 57,395,589	405,823,666 58,830,919	-- 61,722,907
Salaries as a % of operating expenses Median	44.61 36.68	44.59 36.56	45.87 36.37	45.11 35.93	-- 35.24
Intern, resident salaries* Median	0 2,598,592	476,813 2,686,824	2,217,251 2,753,773	2,130,546 2,937,156	-- 2,909,848
Contract intern, resident salaries* Median	0 1,251,927	0 1,186,494	0 1,204,885	0 1,279,653	-- 1,469,317
Contract adjusted salaries, direct-care Median	7,482,392 1,449,244	4,512,469 1,475,986	973,175 1,563,078	1,574,799 1,721,954	-- 2,991,828
Contract hours, direct-care Median	83,444.00 22,725	47,286.00 23,018.5	13,903.00 24,503.48	20,014.00 25,026.5	-- 33,786
Contract wages, direct-care Median	89.67 64.67	95.43 64.53	70.00 65.06	78.68 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.