As of the July, 2022, release via CMS
The 97-bed, acute-care hospital had $18,377,316 in net service to patients*, with a total profit margin of 19.89285% in fiscal year 2021, the latest year available.
It spent 2.94% of its operating expenses on uncompensated care and reported $3,887,258 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.
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
# of days in fyear | 365 | 365 | 365 | 366 | 365 |
Ownership |
nfp | nfp | nfp | nfp | nfp |
Acute beds Median |
38 118 |
38 118 |
43 119.5 |
43 118 |
43 119 |
Total beds Median |
92 162 |
92 162 |
97 162 |
97 162 |
97 163.5 |
FTEs Median |
318.17 788.06 |
362.19 793.42 |
401.81 806.03 |
389.11 787.61 |
371.82 804.34 |
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
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Net patient revenue ? Median |
64,967,093 150,932,746 |
77,162,056 158,950,878 |
88,040,701 168,696,998 |
81,253,860 163,454,693 |
95,445,394 186,589,412 |
Operating expenses Median |
53,416,245 149,311,209 |
62,621,546 156,110,414 |
68,187,616 164,890,568 |
73,657,266 166,516,854 |
77,068,078 180,120,888 |
Net income from service 2 patients (NS2P) ? Median |
11,550,848 -964,173 |
14,540,510 -643,601.5 |
19,853,085 -116,254 |
7,596,594 -5,025,862 |
18,377,316 -1,284,564 |
NS2P margin ? Median |
17.78% -0.62 |
18.84% -0.29 |
22.55% 0.18 |
9.35% -5.07 |
19.25% -0.88 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for MINERS MEMORIAL MEDICAL CENTER compared to all** acute-care hospitals, from CMS cost reports.* 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 |
728,967 5,089,215 |
811,896 4,572,541 |
1,041,520 5,268,134 |
7,288,145 13,092,619 |
923,005 12,369,236 |
Total income ? Median |
12,279,815 6,586,430 |
15,352,406 6,767,106 |
20,894,605 8,419,950 |
14,884,739 8,094,175 |
19,300,321 15,162,888 |
Non-operating expenses Median |
121,948 146,289.5 |
358,204 164,857 |
417,876 89,880.5 |
56,739 106,761 |
129,899 31,473.5 |
Net income Median |
12,157,867 6,043,842 |
14,994,202 5,845,112 |
20,476,729 7,606,259 |
14,828,000 7,283,041 |
19,170,422 14,957,241 |
Net margin Median |
18.50623% 4.62% |
19.22976% 4.42% |
22.98633% 5.16% |
16.74685% 5.2% |
19.89285% 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 MINERS MEMORIAL MEDICAL CENTER compared to all** acute-care hospitals, from CMS cost reports.* 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 |
Inpatient and outpatient revenue
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
All inpatient revenue Median Click here to show/hide details |
11,835,487 23,241,334 |
12,644,367 23,709,545 |
13,341,014 24,248,380 |
13,134,393 22,858,541 |
12,126,479 23,620,613 |
All outpatient revenue Median Click here to show/hide details |
6,355,168 11,160,864 |
6,681,655 11,987,345 |
7,866,200 12,926,866 |
8,730,857 11,884,480 |
9,154,642 13,145,163 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Graduate Medical Education (GME) Median |
0 3,284,314 |
0 3,250,551 |
86,172 3,386,837 |
202,204 3,360,806 |
592,923 3,508,953 |
Disproportionate-share hospital (DSH) Median |
56,537 594,888 |
92,903 595,761 |
98,741 577,894 |
66,215 542,168 |
107,114 549,667 |
Outlier Median |
75,381 582,572 |
23,451 538,116 |
16,045 212,434 |
10,918 126,559 |
0 139,139 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Medicaid shortfall Median |
2,462,531 3,662,910 |
3,260,223 3,730,911 |
4,504,674 4,081,319 |
4,061,329 4,643,908 |
3,887,258 4,389,147 |
Charity care Median |
1,170,751 2,654,636 |
1,358,323 2,940,659 |
1,695,872 3,380,215 |
1,897,505 3,488,738 |
1,661,023 3,233,405 |
Uncompensated care (UCC) Median |
1,678,984 5,147,790 |
2,111,224 5,337,617 |
2,417,636 5,711,082 |
2,682,507 5,923,418 |
2,264,831 5,508,107 |
UCC as a % of operating expenses Median |
3.14% 3.24 |
3.37% 3.12 |
3.55% 3.21 |
3.64% 3.3 |
2.94% 2.86 |
Total shortfall/UCC Median |
4,141,515 9,489,989 |
5,371,447 9,424,297 |
6,922,310 10,120,158 |
6,743,836 11,171,337 |
6,152,089 10,133,851 |
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Total salaries Median |
22,909,744 52,142,039 |
27,884,627 54,485,252 |
31,219,412 57,395,589 |
31,683,331 58,830,919 |
31,174,103 61,722,907 |
Salaries as a % of operating expenses Median |
42.86 36.68 |
44.48 36.56 |
45.74 36.37 |
42.99 35.93 |
40.43 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 |
541,572 1,449,244 |
441,551 1,475,986 |
385,194 1,563,078 |
862,342 1,721,954 |
272,466 2,991,828 |
Contract hours, direct-care Median |
7,232.00 22,725 |
5,848.25 23,018.5 |
5,088.00 24,503.48 |
10,935.00 25,026.5 |
5,292.75 33,786 |
Contract wages, direct-care Median |
74.89 64.67 |
75.50 64.53 |
75.71 65.06 |
78.86 68.97 |
51.48 88.94 |
* in an approved program
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
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