As of the July, 2022, release via CMS

SOIN MEDICAL CENTER

CMS id: 360360
3535 PENTAGON PARK BOULEVARD, BEAVERCREEK OH 45431. County: GREENE
System: KETTERING HEALTH NETWORK
CBSA: Dayton-Kettering, OH

The 120-bed, acute-care hospital had $7,880,807 in net service to patients*, with a total profit margin of 7.76154% in fiscal year 2021, the latest year available.
It spent 2.86% of its operating expenses on uncompensated care and reported $9,147,348 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	117 118	117 118	117 119.5	117 118	108 119
Total beds Median	129 162	129 162	129 162	129 162	120 163.5
FTEs Median	2,099.00 788.06	772.35 793.42	873.27 806.03	839.22 787.61	902.83 804.34

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	155,078,738 150,932,746	173,145,363 158,950,878	187,487,770 168,696,998	196,604,050 163,454,693	227,416,868 186,589,412
Operating expenses Median	147,342,657 149,311,209	162,203,026 156,110,414	181,105,238 164,890,568	177,691,944 166,516,854	219,536,061 180,120,888
Net income from service 2 patients (NS2P) ? Median	7,736,081 -964,173	10,942,337 -643,601.5	6,382,532 -116,254	18,912,106 -5,025,862	7,880,807 -1,284,564
NS2P margin ? Median	4.99% -0.62	6.32% -0.29	3.40% 0.18	9.62% -5.07	3.47% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for SOIN 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	6,292,554 5,089,215	4,602,170 4,572,541	2,220,545 5,268,134	7,126,234 13,092,619	10,592,378 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	210,354 299,524	251,527 188,688.5	49,510 370,813	31 309,361.5	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	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	0	0
⊳ 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	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	6,082,200	4,350,643	2,171,035	7,126,203	10,592,373
Total income ? Median	14,028,635 6,586,430	15,544,507 6,767,106	8,603,077 8,419,950	26,038,340 8,094,175	18,473,185 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	14,028,635 6,043,842	15,544,507 5,845,112	8,603,077 7,606,259	26,038,340 7,283,041	18,473,185 14,957,241
Net margin Median	8.69339% 4.62%	8.74527% 4.42%	4.53490% 5.16%	12.78079% 5.2%	7.76154% 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 SOIN 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	17,159,899 23,241,334	18,421,432 23,709,545	22,259,255 24,248,380	25,981,894 22,858,541	28,690,806 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	17,159,899 21,577,146	18,421,432 22,041,594	22,259,255 22,722,063	25,981,894 21,570,441	28,690,806 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	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	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	10,108,766 11,160,864	11,103,159 11,987,345	12,920,992 12,926,866	11,804,396 11,884,480	12,876,029 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	10,108,766 10,918,923	11,103,159 11,706,976	12,920,992 12,615,917	11,804,396 11,458,116	12,876,029 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	195,669 3,284,314	543,017 3,250,551	1,980,728 3,386,837	3,259,453 3,360,806	4,276,581 3,508,953
Disproportionate-share hospital (DSH) Median	399,681 594,888	437,834 595,761	507,885 577,894	513,536 542,168	561,520 549,667
Outlier Median	675,667 582,572	648,837 538,116	150,110 212,434	54,258 126,559	60,614 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	7,461,219 3,662,910	2,987,043 3,730,911	8,519,209 4,081,319	8,636,554 4,643,908	9,147,348 4,389,147
Charity care Median	2,654,495 2,654,636	2,426,481 2,940,659	3,796,581 3,380,215	4,835,433 3,488,738	4,623,462 3,233,405
Uncompensated care (UCC) Median	3,981,357 5,147,790	4,587,582 5,337,617	6,419,865 5,711,082	6,996,826 5,923,418	6,281,246 5,508,107
UCC as a % of operating expenses Median	2.70% 3.24	2.83% 3.12	3.54% 3.21	3.94% 3.3	2.86% 2.86
Total shortfall/UCC Median	11,442,576 9,489,989	7,574,625 9,424,297	14,939,074 10,120,158	15,633,380 11,171,337	15,428,594 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	43,547,457 52,142,039	49,386,934 54,485,252	57,163,894 57,395,589	57,679,145 58,830,919	68,052,730 61,722,907
Salaries as a % of operating expenses Median	33.78 36.68	35.15 36.56	37.35 36.37	38.72 35.93	36.06 35.24
Intern, resident salaries* Median	168,609 2,598,592	504,933 2,686,824	888,016 2,753,773	1,405,603 2,937,156	1,990,352 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	406,054 1,449,244	711,310 1,475,986	506,692 1,563,078	361,302 1,721,954	7,252,612 2,991,828
Contract hours, direct-care Median	5,534.00 22,725	10,072.00 23,018.5	5,254.00 24,503.48	3,422.00 25,026.5	48,422.00 33,786
Contract wages, direct-care Median	73.37 64.67	70.62 64.53	96.44 65.06	105.58 68.97	149.78 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.