As of the July, 2022, release via CMS

UPMC PASSAVANT

CMS id: 390107
9100 BABCOCK BOULEVARD, PITTSBURGH PA 15237. County: ALLEGHENY
System: UNIVERSITY OF PITTSBURGH MEDICAL CEN
CBSA: Pittsburgh, PA

The 409-bed, acute-care hospital had $7,867,045 in net service to patients*, with a total profit margin of 8.65934% in fiscal year 2021, the latest year available.
It spent 0.89% of its operating expenses on uncompensated care and reported $9,135,010 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	318 118	333 118	333 119.5	332 118	340 119
Total beds Median	377 162	391 162	389 162	394 162	409 163.5
FTEs Median	1,702.52 788.06	1,732.37 793.42	1,736.78 806.03	1,712.38 787.61	1,730.47 804.34

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	348,954,431 150,932,746	356,775,863 158,950,878	361,668,978 168,696,998	361,680,703 163,454,693	424,185,523 186,589,412
Operating expenses Median	365,482,616 149,311,209	368,379,306 156,110,414	377,731,116 164,890,568	406,069,815 166,516,854	416,318,478 180,120,888
Net income from service 2 patients (NS2P) ? Median	-16,528,185 -964,173	-11,603,443 -643,601.5	-16,062,138 -116,254	-44,389,112 -5,025,862	7,867,045 -1,284,564
NS2P margin ? Median	-4.74% -0.62	-3.25% -0.29	-4.44% 0.18	-12.27% -5.07	1.85% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for UPMC PASSAVANT 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	9,484,400 5,089,215	12,073,079 4,572,541	10,052,792 5,268,134	17,511,480 13,092,619	31,601,089 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	203,208 224,999	176,636 199,009	196,981 206,870.5	132,070 194,343	79,971 249,496
⊳ Line 7: Investments ? ⊳ Median	445,502 299,524	37,685 188,688.5	59,597 370,813	16,985 309,361.5	28,308 375,329
⊳ 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	48,963	40,431	40,340	22,974	29,242
⊳ Line 13: Revenue from laundry and linen service	0	0	0	0	0
⊳ Line 14: Revenue from meals sold to emplyees and guests	1,627,965	1,622,322	1,652,243	1,436,469	1,269,827
⊳ 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	413	4,127	918	315	2,509
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	11,875	4,998	12,679	21,825	7,000
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	130,674	48,119	14,602	22,369	0
⊳ Line 21: Rental of vending machines	32,084	50,411	57,306	46,418	44,868
⊳ Line 22: Rental of hospital space	6,019,750	6,966,416	7,171,092	7,248,163	6,955,246
⊳ Line 23: Gov appropriations ? ⊳ Median	62,160 1,017,693	29,742 983,261.5	2,689 1,173,286	653 1,987,202	11,177,606 1,597,664
⊳ Sum Line 24	901,806	3,092,192	844,345	8,563,239	12,006,512
Total income ? Median	-7,043,785 6,586,430	469,636 6,767,106	-6,009,346 8,419,950	-26,877,632 8,094,175	39,468,134 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	-7,043,785 6,043,842	469,636 5,845,112	-6,009,346 7,606,259	-26,877,632 7,283,041	39,468,134 14,957,241
Net margin Median	-1.96513% 4.62%	0.12732% 4.42%	-1.61662% 5.16%	-7.08813% 5.2%	8.65934% 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 UPMC PASSAVANT 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	43,087,164 23,241,334	42,442,731 23,709,545	42,757,555 24,248,380	38,753,871 22,858,541	43,134,530 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	39,436,879 21,577,146	39,365,495 22,041,594	39,460,378 22,722,063	35,837,263 21,570,441	40,268,126 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	3,650,285 3,535,627	3,077,236 3,746,588	3,297,177 3,782,288	2,916,608 3,865,578	2,866,404 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	15,281,179 11,160,864	16,124,315 11,987,345	18,562,100 12,926,866	17,506,112 11,884,480	19,967,875 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	15,281,179 10,918,923	16,124,315 11,706,976	18,562,100 12,615,917	17,506,112 11,458,116	19,967,875 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	1,221,788 3,284,314	1,211,327 3,250,551	1,232,238 3,386,837	1,128,056 3,360,806	1,296,074 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	732,301 582,572	459,504 538,116	830,600 212,434	66,375 126,559	235,899 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	9,142,705 3,662,910	9,336,090 3,730,911	8,292,210 4,081,319	10,367,513 4,643,908	9,135,010 4,389,147
Charity care Median	1,850,253 2,654,636	2,023,233 2,940,659	2,664,850 3,380,215	2,846,879 3,488,738	2,113,437 3,233,405
Uncompensated care (UCC) Median	3,977,352 5,147,790	3,873,067 5,337,617	4,482,293 5,711,082	4,774,331 5,923,418	3,707,519 5,508,107
UCC as a % of operating expenses Median	1.09% 3.24	1.05% 3.12	1.19% 3.21	1.18% 3.3	0.89% 2.86
Total shortfall/UCC Median	13,120,057 9,489,989	13,209,157 9,424,297	12,774,503 10,120,158	15,141,844 11,171,337	12,842,529 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	92,215,357 52,142,039	95,997,015 54,485,252	98,313,084 57,395,589	101,316,253 58,830,919	107,263,115 61,722,907
Salaries as a % of operating expenses Median	25.23 36.68	26.06 36.56	26.03 36.37	24.95 35.93	25.76 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	1,064,207 1,251,927	1,233,725 1,186,494	1,453,625 1,204,885	1,180,989 1,279,653	1,474,996 1,469,317
Contract adjusted salaries, direct-care Median	1,814,860 1,449,244	1,835,368 1,475,986	1,548,582 1,563,078	1,328,299 1,721,954	3,184,003 2,991,828
Contract hours, direct-care Median	40,245.00 22,725	41,817.00 23,018.5	37,597.00 24,503.48	38,433.00 25,026.5	60,469.00 33,786
Contract wages, direct-care Median	45.10 64.67	43.89 64.53	41.19 65.06	34.56 68.97	52.66 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.