As of the July, 2022, release via CMS

OKLAHOMA HEART HOSPITAL

CMS id: 370215
4050 W MEMORIAL ROAD, OKLAHOMA CITY OK 73120. County: OKLAHOMA
System: OKLAHOMA HEART HOSPITAL HOME OFFICE
CBSA: Oklahoma City, OK

The 97-bed, acute-care hospital had $7,608,440 in net service to patients*, with a total profit margin of 5.95952% in fiscal year 2021, the latest year available.
It spent 1.91% of its operating expenses on uncompensated care and reported $1,344,460 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	forprofit	forprofit	forprofit	forprofit	forprofit
Acute beds Median	99 118	99 118	97 119.5	97 118	97 119
Total beds Median	99 162	99 162	97 162	97 162	97 163.5
FTEs Median	1,506.96 788.06	1,585.88 793.42	1,564.52 806.03	1,475.60 787.61	1,523.38 804.34

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	274,528,570 150,932,746	318,307,636 158,950,878	335,909,446 168,696,998	321,161,436 163,454,693	352,333,679 186,589,412
Operating expenses Median	307,788,807 149,311,209	313,121,826 156,110,414	324,749,448 164,890,568	312,760,468 166,516,854	344,725,239 180,120,888
Net income from service 2 patients (NS2P) ? Median	-33,260,237 -964,173	5,185,810 -643,601.5	11,159,998 -116,254	8,400,968 -5,025,862	7,608,440 -1,284,564
NS2P margin ? Median	-12.12% -0.62	1.63% -0.29	3.32% 0.18	2.62% -5.07	2.16% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for OKLAHOMA HEART HOSPITAL 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	57,000,181 5,089,215	14,991,493 4,572,541	9,325,043 5,268,134	28,276,793 13,092,619	14,237,450 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	8,145,385 299,524	8,005,384 188,688.5	5,588,977 370,813	16,911,983 309,361.5	4,732,556 375,329
⊳ 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	2,482,294	2,786,447	2,868,468	1,578,320	1,636,921
⊳ 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	34,091	6,727	94,424	124,253	132,227
⊳ 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	540,233	593,587	531,171	1,298,544	1,420,628
⊳ 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	45,798,178	3,599,348	242,003	8,363,693	6,315,118
Total income ? Median	23,739,944 6,586,430	20,177,303 6,767,106	20,485,041 8,419,950	36,677,761 8,094,175	21,845,890 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	23,739,944 6,043,842	20,177,303 5,845,112	20,485,041 7,606,259	36,677,761 7,283,041	21,845,890 14,957,241
Net margin Median	7.16075% 4.62%	6.05381% 4.42%	5.93366% 5.16%	10.49621% 5.2%	5.95952% 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 OKLAHOMA HEART HOSPITAL 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	54,330,240 23,241,334	52,039,317 23,709,545	53,767,093 24,248,380	54,749,755 22,858,541	54,840,551 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	54,330,240 21,577,146	52,039,317 22,041,594	53,767,093 22,722,063	54,749,755 21,570,441	54,840,551 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	64,864,213 11,160,864	65,277,105 11,987,345	64,822,672 12,926,866	59,303,637 11,884,480	62,506,048 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	64,864,213 10,918,923	65,277,105 11,706,976	64,822,672 12,615,917	59,303,637 11,458,116	62,506,048 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	0 594,888	0 595,761	0 577,894	0 542,168	0 549,667
Outlier Median	1,516,520 582,572	933,952 538,116	527,778 212,434	527,817 126,559	333,751 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	752,241 3,662,910	875,406 3,730,911	830,045 4,081,319	1,005,617 4,643,908	1,344,460 4,389,147
Charity care Median	1,796,214 2,654,636	2,678,970 2,940,659	2,816,952 3,380,215	2,994,947 3,488,738	1,840,939 3,233,405
Uncompensated care (UCC) Median	4,301,008 5,147,790	6,816,862 5,337,617	6,136,119 5,711,082	5,266,764 5,923,418	6,598,437 5,508,107
UCC as a % of operating expenses Median	1.40% 3.24	2.18% 3.12	1.89% 3.21	1.68% 3.3	1.91% 2.86
Total shortfall/UCC Median	5,053,249 9,489,989	7,692,268 9,424,297	6,966,164 10,120,158	6,272,381 11,171,337	7,942,897 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	126,584,975 52,142,039	134,240,626 54,485,252	140,846,798 57,395,589	139,809,738 58,830,919	183,293,794 61,722,907
Salaries as a % of operating expenses Median	41.13 36.68	42.87 36.56	43.37 36.37	44.70 35.93	53.17 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	550,705 1,449,244	615,446 1,475,986	599,259 1,563,078	796,876 1,721,954	899,091 2,991,828
Contract hours, direct-care Median	8,323.00 22,725	10,199.00 23,018.5	8,854.00 24,503.48	11,760.00 25,026.5	13,858.00 33,786
Contract wages, direct-care Median	66.17 64.67	60.34 64.53	67.68 65.06	67.76 68.97	64.88 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.