As of the July, 2022, release via CMS

HIGH POINT MEDICAL CENTER

CMS id: 340004
HIGH POINT MEDICAL CENTER, HIGH POINT NC 27260. County: GUILFORD
System: --
CBSA: Greensboro-High Point, NC

The 304-bed, acute-care hospital had $13,407,746 in net service to patients*, with a total profit margin of 14.30899% in fiscal year 2021, the latest year available.
It spent 6.65% of its operating expenses on uncompensated care and reported $0 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	260 118	256 118	256 119.5	256 118	256 119
Total beds Median	326 162	304 162	304 162	304 162	304 163.5
FTEs Median	1,388.07 788.06	1,389.09 793.42	1,679.31 806.03	1,560.41 787.61	1,545.86 804.34

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	242,241,142 150,932,746	249,418,007 158,950,878	299,388,940 168,696,998	298,640,813 163,454,693	332,336,489 186,589,412
Operating expenses Median	246,708,512 149,311,209	251,763,789 156,110,414	285,078,690 164,890,568	296,359,450 166,516,854	318,928,743 180,120,888
Net income from service 2 patients (NS2P) ? Median	-4,467,370 -964,173	-2,345,782 -643,601.5	14,310,250 -116,254	2,281,363 -5,025,862	13,407,746 -1,284,564
NS2P margin ? Median	-1.84% -0.62	-0.94% -0.29	4.78% 0.18	0.76% -5.07	4.03% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for HIGH POINT 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	50,195,366 5,089,215	22,928,383 4,572,541	211,124,032 5,268,134	26,596,882 13,092,619	38,833,771 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	0 199,009	0 206,870.5	4,145 194,343	1,500 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	0 188,688.5	0 370,813	0 309,361.5	4,126,135 375,329
⊳ 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	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	660,728	551,961
⊳ 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	0	0	0
⊳ Line 18: Revenue from sale of medical records and abstracts	0	0	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	0	0	0	0	0
⊳ Line 21: Rental of vending machines	0	0	0	0	0
⊳ Line 22: Rental of hospital space	0	0	0	4,750,484	4,450,365
⊳ Line 23: Gov appropriations ? ⊳ Median	0 1,017,693	0 983,261.5	0 1,173,286	0 1,987,202	6 1,597,664
⊳ Sum Line 24	50,195,366	22,928,383	211,124,032	21,181,525	29,703,804
Total income ? Median	45,727,996 6,586,430	20,582,601 6,767,106	225,434,282 8,419,950	28,878,245 8,094,175	52,241,517 15,162,888
Non-operating expenses Median	38,329 146,289.5	0 164,857	0 89,880.5	-346,362 106,761	-869,203 31,473.5
Net income Median	45,689,667 6,043,842	20,582,601 5,845,112	225,434,282 7,606,259	29,224,607 7,283,041	53,110,720 14,957,241
Net margin Median	15.62379% 4.62%	7.55751% 4.42%	44.15838% 5.16%	8.98561% 5.2%	14.30899% 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 HIGH POINT 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	40,116,438 23,241,334	38,729,009 23,709,545	37,890,799 24,248,380	34,724,174 22,858,541	34,581,987 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	36,922,617 21,577,146	35,944,398 22,041,594	35,513,961 22,722,063	32,346,440 21,570,441	32,425,942 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	3,193,821 3,535,627	2,784,611 3,746,588	2,376,838 3,782,288	2,377,734 3,865,578	2,156,045 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	11,703,947 11,160,864	11,904,582 11,987,345	17,787,735 12,926,866	19,541,093 11,884,480	18,890,336 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	11,703,947 10,918,923	11,904,582 11,706,976	17,787,735 12,615,917	19,541,093 11,458,116	18,890,336 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	0 3,284,314	0 3,250,551	0 3,386,837	0 3,360,806	0 3,508,953
Disproportionate-share hospital (DSH) Median	729,364 594,888	798,042 595,761	678,602 577,894	766,127 542,168	635,042 549,667
Outlier Median	385,395 582,572	409,723 538,116	954,616 212,434	169,616 126,559	349,325 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	704,852 3,662,910	79,306 3,730,911	576,935 4,081,319	1,752,771 4,643,908	0 4,389,147
Charity care Median	4,847,574 2,654,636	11,432,987 2,940,659	10,324,082 3,380,215	15,395,559 3,488,738	10,819,972 3,233,405
Uncompensated care (UCC) Median	18,113,947 5,147,790	21,323,331 5,337,617	16,862,967 5,711,082	24,012,761 5,923,418	21,216,953 5,508,107
UCC as a % of operating expenses Median	7.34% 3.24	8.47% 3.12	5.92% 3.21	8.10% 3.3	6.65% 2.86
Total shortfall/UCC Median	18,818,799 9,489,989	21,402,637 9,424,297	17,439,902 10,120,158	25,765,532 11,171,337	21,216,953 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	92,812,319 52,142,039	95,392,727 54,485,252	108,278,740 57,395,589	83,396,370 58,830,919	82,427,051 61,722,907
Salaries as a % of operating expenses Median	41.19 36.68	42.42 36.56	38.55 36.37	28.14 35.93	25.84 35.24
Intern, resident salaries* Median	0 2,598,592	0 2,686,824	0 2,753,773	0 2,937,156	0 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	6,018,397 1,449,244	5,079,064 1,475,986	3,599,742 1,563,078	6,686,828 1,721,954	15,998,547 2,991,828
Contract hours, direct-care Median	86,290.00 22,725	68,366.00 23,018.5	54,445.56 24,503.48	97,584.67 25,026.5	164,136.00 33,786
Contract wages, direct-care Median	69.75 64.67	74.29 64.53	66.12 65.06	68.52 68.97	97.47 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.