As of the July, 2022, release via CMS

ST. MARY MEDICAL CENTER

CMS id: 390258
1201 LANGHORNE NEWTOWN RD, LANGHORNE PA 19047. County: BUCKS
System: TRINITY HEALTH
CBSA: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

The 348-bed, acute-care hospital had $-26,255,377 in net service to patients*, with a total profit margin of 27.64906% in fiscal year 2021, the latest year available.
It spent 2.96% of its operating expenses on uncompensated care and reported $7,599,529 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	267 118	267 118	301 119.5	301 118	301 119
Total beds Median	306 162	306 162	348 162	348 162	348 163.5
FTEs Median	2,011.00 788.06	2,011.00 793.42	1,862.92 806.03	1,864.60 787.61	1,715.00 804.34

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	419,315,509 150,932,746	390,090,453 158,950,878	383,827,828 168,696,998	-28,917,047 163,454,693	369,997,145 186,589,412
Operating expenses Median	384,698,898 149,311,209	375,053,456 156,110,414	374,556,285 164,890,568	378,383,114 166,516,854	396,252,522 180,120,888
Net income from service 2 patients (NS2P) ? Median	34,616,611 -964,173	15,036,997 -643,601.5	9,271,543 -116,254	-407,300,161 -5,025,862	-26,255,377 -1,284,564
NS2P margin ? Median	8.26% -0.62	3.85% -0.29	2.42% 0.18	1,408.51% -5.07	-7.10% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for ST. MARY 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	-8,330,347 5,089,215	38,715,831 4,572,541	49,157,172 5,268,134	31,359,950 13,092,619	177,684,114 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	27,977 199,009	3,303 206,870.5	12,164 194,343	0 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	20,541,129 188,688.5	24,295,225 370,813	5,774,462 309,361.5	102,035,231 375,329
⊳ 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	2,459,724	2,404,566	2,387,134	2,039,324	1,390,865
⊳ 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	6,529,685	7,042,218	8,006,122	7,768,080	7,531,030
⊳ Line 18: Revenue from sale of medical records and abstracts	0	52,505	35,153	23,585	16,552
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	-8,883	0	0
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	0	0	0	365,419	0
⊳ Line 21: Rental of vending machines	0	12,368	29,239	19,447	0
⊳ Line 22: Rental of hospital space	519,971	996,418	491,085	457,800	544,456
⊳ Line 23: Gov appropriations ? ⊳ Median	0 1,017,693	640,330 983,261.5	1,085,448 1,173,286	398,935 1,987,202	-114,541 1,597,664
⊳ Sum Line 24	-17,839,727	6,884,056	12,715,957	14,370,688	66,148,286
Total income ? Median	26,286,264 6,586,430	53,752,828 6,767,106	58,428,715 8,419,950	-375,940,211 8,094,175	151,428,737 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	26,286,264 6,043,842	53,752,828 5,845,112	58,428,715 7,606,259	-375,940,211 7,283,041	151,428,737 14,957,241
Net margin Median	6.39592% 4.62%	12.53546% 4.42%	13.49440% 5.16%	-15,389.07648% 5.2%	27.64906% 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 ST. MARY 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	73,943,942 23,241,334	71,241,976 23,709,545	72,517,927 24,248,380	70,589,674 22,858,541	72,700,702 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	73,943,942 21,577,146	71,241,976 22,041,594	72,517,927 22,722,063	70,589,674 21,570,441	72,700,702 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	34,133,782 11,160,864	35,507,480 11,987,345	35,833,018 12,926,866	30,895,665 11,884,480	32,702,311 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	34,133,782 10,918,923	35,507,480 11,706,976	35,833,018 12,615,917	30,895,665 11,458,116	32,702,311 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	1,496,343 3,386,837	2,952,415 3,360,806	4,428,500 3,508,953
Disproportionate-share hospital (DSH) Median	712,792 594,888	685,670 595,761	671,787 577,894	544,414 542,168	640,260 549,667
Outlier Median	1,647,578 582,572	1,616,459 538,116	842,217 212,434	48,654 126,559	140,510 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	2,244,152 3,662,910	3,008,612 3,730,911	3,511,915 4,081,319	6,971,068 4,643,908	7,599,529 4,389,147
Charity care Median	5,488,142 2,654,636	3,596,430 2,940,659	6,350,025 3,380,215	8,921,356 3,488,738	9,165,473 3,233,405
Uncompensated care (UCC) Median	8,213,099 5,147,790	5,725,412 5,337,617	8,391,866 5,711,082	11,413,301 5,923,418	11,720,354 5,508,107
UCC as a % of operating expenses Median	2.13% 3.24	1.53% 3.12	2.24% 3.21	3.02% 3.3	2.96% 2.86
Total shortfall/UCC Median	10,457,251 9,489,989	8,734,024 9,424,297	11,903,781 10,120,158	18,384,369 11,171,337	19,319,883 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	147,571,423 52,142,039	137,438,921 54,485,252	136,326,150 57,395,589	137,846,901 58,830,919	136,285,465 61,722,907
Salaries as a % of operating expenses Median	38.36 36.68	36.65 36.56	36.40 36.37	36.43 35.93	34.39 35.24
Intern, resident salaries* Median	0 2,598,592	0 2,686,824	639,287 2,753,773	1,219,702 2,937,156	1,858,207 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	2,875,269 1,449,244	104,823 1,475,986	215,662 1,563,078	0 1,721,954	360,197 2,991,828
Contract hours, direct-care Median	45,821.00 22,725	1,901.00 23,018.5	3,832.25 24,503.48	0.00 25,026.5	2,649.00 33,786
Contract wages, direct-care Median	62.75 64.67	55.14 64.53	56.28 65.06	0.00 68.97	135.97 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.