As of the July, 2022, release via CMS

ATRIUM HEALTH PINEVILLE

CMS id: 340098
10628 PARK ROAD, CHARLOTTE NC 28210. County: MECKLENBURG
System: CMHA D/B/A ATRIUM HEALTH
CBSA: Charlotte-Concord-Gastonia, NC-SC

The 391-bed, acute-care hospital had $173,866,935 in net service to patients*, with a total profit margin of 34.58879% in fiscal year 2021, the latest year available.
It spent 5.88% of its operating expenses on uncompensated care and reported $41,700 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	166 118	181 118	181 119.5	184 118	318 119
Total beds Median	235 162	250 162	250 162	253 162	391 163.5
FTEs Median	1,542.97 788.06	1,482.54 793.42	1,503.11 806.03	1,444.84 787.61	1,916.41 804.34

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	439,394,596 150,932,746	469,279,697 158,950,878	484,359,929 168,696,998	454,515,947 163,454,693	543,916,624 186,589,412
Operating expenses Median	313,892,210 149,311,209	308,116,043 156,110,414	309,649,694 164,890,568	316,765,996 166,516,854	370,049,689 180,120,888
Net income from service 2 patients (NS2P) ? Median	125,502,386 -964,173	161,163,654 -643,601.5	174,710,235 -116,254	137,749,951 -5,025,862	173,866,935 -1,284,564
NS2P margin ? Median	28.56% -0.62	34.34% -0.29	36.07% 0.18	30.31% -5.07	31.97% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for ATRIUM HEALTH PINEVILLE 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	6,122,038 5,089,215	7,173,052 4,572,541	6,900,941 5,268,134	30,604,898 13,092,619	21,811,657 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	72,239 224,999	68,243 199,009	333 206,870.5	100,894 194,343	1,997 249,496
⊳ Line 7: Investments ? ⊳ Median	6,882 299,524	1,939 188,688.5	383 370,813	-480 309,361.5	-1,130 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	718,950	934,521	1,079,269	1,085,177	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	1,358,812	1,344,577	1,374,156	912,487	1,210,728
⊳ Line 15: Revenue from rental of living quarters	4,589	2,836	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	15	24	0	0	0
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	103,567	83,583	40,359	10,915	0
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	315,150	313,360	278,589	85,782	0
⊳ Line 21: Rental of vending machines	55,243	44,946	46,034	38,335	0
⊳ Line 22: Rental of hospital space	0	0	0	0	0
⊳ Line 23: Gov appropriations ? ⊳ Median	0 1,017,693	0 983,261.5	0 1,173,286	0 1,987,202	0 1,597,664
⊳ Sum Line 24	3,486,591	4,379,023	4,081,818	28,371,788	20,600,062
Total income ? Median	131,624,424 6,586,430	168,336,706 6,767,106	181,611,176 8,419,950	168,354,849 8,094,175	195,678,592 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	131,624,424 6,043,842	168,336,706 5,845,112	181,611,176 7,606,259	168,354,849 7,283,041	195,678,592 14,957,241
Net margin Median	29.54422% 4.62%	35.33125% 4.42%	36.96838% 5.16%	34.70369% 5.2%	34.58879% 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 ATRIUM HEALTH PINEVILLE 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	63,635,834 23,241,334	66,921,122 23,709,545	70,956,745 24,248,380	63,417,350 22,858,541	64,086,750 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	56,744,525 21,577,146	60,071,422 22,041,594	63,689,387 22,722,063	56,061,210 21,570,441	56,174,657 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	6,891,309 3,535,627	6,849,700 3,746,588	7,267,358 3,782,288	7,356,140 3,865,578	7,912,093 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	27,942,818 11,160,864	32,320,175 11,987,345	34,092,190 12,926,866	29,685,776 11,884,480	32,918,259 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	27,942,818 10,918,923	32,320,175 11,706,976	34,092,190 12,615,917	29,685,776 11,458,116	32,918,259 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	491,384 594,888	432,815 595,761	431,868 577,894	527,608 542,168	580,166 549,667
Outlier Median	807,125 582,572	712,470 538,116	241,687 212,434	252,883 126,559	96,300 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	4,727,317 3,662,910	3,268,663 3,730,911	5,085,876 4,081,319	3,075,504 4,643,908	41,700 4,389,147
Charity care Median	12,763,193 2,654,636	13,365,710 2,940,659	16,557,047 3,380,215	15,051,589 3,488,738	13,406,943 3,233,405
Uncompensated care (UCC) Median	23,537,016 5,147,790	18,676,455 5,337,617	28,000,665 5,711,082	25,601,566 5,923,418	21,764,319 5,508,107
UCC as a % of operating expenses Median	7.50% 3.24	6.06% 3.12	9.04% 3.21	8.08% 3.3	5.88% 2.86
Total shortfall/UCC Median	28,264,333 9,489,989	21,945,118 9,424,297	33,086,541 10,120,158	28,677,070 11,171,337	21,806,019 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	100,720,834 52,142,039	96,993,187 54,485,252	101,160,129 57,395,589	99,721,319 58,830,919	145,850,322 61,722,907
Salaries as a % of operating expenses Median	32.09 36.68	31.48 36.56	32.67 36.37	31.48 35.93	39.41 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	51,592 1,186,494	104,566 1,204,885	0 1,279,653	0 1,469,317
Contract adjusted salaries, direct-care Median	3,070,201 1,449,244	3,370,252 1,475,986	4,693,256 1,563,078	2,611,094 1,721,954	2,619,538 2,991,828
Contract hours, direct-care Median	50,001.23 22,725	51,733.22 23,018.5	79,389.34 24,503.48	40,306.58 25,026.5	40,626.15 33,786
Contract wages, direct-care Median	61.40 64.67	65.15 64.53	59.12 65.06	64.78 68.97	64.48 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.