As of the July, 2022, release via CMS

MOUNT NITTANY MEDICAL CENTER

CMS id: 390268
1800 EAST PARK AVENUE, STATE COLLEGE PA 16803. County: CENTRE
System: --
CBSA: State College, PA

The 260-bed, acute-care hospital had $58,363,396 in net service to patients*, with a total profit margin of 25.24516% in fiscal year 2021, the latest year available.
It spent 2.15% of its operating expenses on uncompensated care and reported $13,518,706 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	366	365
Ownership	nfp	--	nfp	nfp	nfp
Acute beds Median	248 118	-- 118	248 119.5	248 118	248 119
Total beds Median	260 162	-- 162	260 162	260 162	260 163.5
FTEs Median	1,745.27 788.06	-- 793.42	1,747.56 806.03	1,711.16 787.61	1,618.71 804.34

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	371,112,758 150,932,746	-- 158,950,878	398,362,767 168,696,998	369,818,943 163,454,693	386,092,248 186,589,412
Operating expenses Median	313,523,735 149,311,209	-- 156,110,414	337,097,397 164,890,568	340,101,920 166,516,854	327,728,852 180,120,888
Net income from service 2 patients (NS2P) ? Median	57,589,023 -964,173	-- -643,601.5	61,265,370 -116,254	29,717,023 -5,025,862	58,363,396 -1,284,564
NS2P margin ? Median	15.52% -0.62	--% -0.29	15.38% 0.18	8.04% -5.07	15.12% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for MOUNT NITTANY 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	52,861,770 5,089,215	-- 4,572,541	39,189,769 5,268,134	30,260,192 13,092,619	135,055,780 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	274,981 224,999	-- 199,009	835,059 206,870.5	543,794 194,343	538,537 249,496
⊳ Line 7: Investments ? ⊳ Median	23,033,250 299,524	-- 188,688.5	23,243,247 370,813	1,429,748 309,361.5	54,964,127 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	851,012	--	698,854	716,961	536,661
⊳ Line 11: Rebates and refunds of expenses	0	--	0	0	0
⊳ Line 12: Parking lot receipts	0	--	0	0	0
⊳ Line 13: Revenue from laundry and linen service	0	--	0	0	0
⊳ Line 14: Revenue from meals sold to emplyees and guests	1,395,300	--	1,471,192	1,238,151	953,801
⊳ Line 15: Revenue from rental of living quarters	0	--	0	0	0
⊳ Line 16: Revenue from sale of medical and surgical supplies	0	--	0	0	0
⊳ Line 17: Revenue from sale of drugs to other than patients	0	--	0	0	0
⊳ Line 18: Revenue from sale of medical records and abstracts	2,531	--	0	0	0
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	--	0	0	0
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	176,252	--	196,162	146,561	0
⊳ Line 21: Rental of vending machines	24,667	--	22,013	15,893	8,490
⊳ Line 22: Rental of hospital space	178,902	--	181,250	214,428	247,562
⊳ Line 23: Gov appropriations ? ⊳ Median	0 1,017,693	-- 983,261.5	0 1,173,286	0 1,987,202	0 1,597,664
⊳ Sum Line 24	26,924,875	--	12,541,992	25,954,656	77,806,602
Total income ? Median	110,450,793 6,586,430	-- 6,767,106	100,455,139 8,419,950	59,977,215 8,094,175	193,419,176 15,162,888
Non-operating expenses Median	37,133,614 146,289.5	-- 164,857	48,091,436 89,880.5	86,601,869 106,761	61,854,542 31,473.5
Net income Median	73,317,179 6,043,842	-- 5,845,112	52,363,703 7,606,259	-26,624,654 7,283,041	131,564,634 14,957,241
Net margin Median	17.29283% 4.62%	--% 4.42%	11.96741% 5.16%	-6.65485% 5.2%	25.24516% 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 MOUNT NITTANY 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	41,521,205 23,241,334	-- 23,709,545	49,148,544 24,248,380	41,523,424 22,858,541	39,254,318 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	40,727,138 21,577,146	-- 22,041,594	48,602,994 22,722,063	40,924,265 21,570,441	38,935,613 22,140,684
⊳ Swingbeds ⊳ Median	0 --	-- --	0 --	0 --	0 --
⊳ Tax Equity and Fiscal Responsibility Act payments (TEFRA) ⊳ Median	0 --	-- --	0 --	0 --	0 --
⊳ Inpatient psychiatric facility (IPF) ⊳ Median	794,067 1,845,420	-- 1,757,392	545,550 1,738,842	599,159 1,510,463	318,705 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	0 3,535,627	-- 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 --
⊳ Critical-access hospitals ⊳ Median	0 --	-- --	0 --	0 --	0 --
⊳ Skilled-nursing facilities (SNF) ⊳ Median	0 1,203,033	-- 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	16,486,899 11,160,864	-- 11,987,345	20,521,824 12,926,866	18,434,608 11,884,480	21,623,239 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	16,486,899 10,918,923	-- 11,706,976	20,521,824 12,615,917	18,434,608 11,458,116	21,623,239 12,776,716
⊳ Home Health agencies (HHA) ⊳ Median	0 1,282,808	-- 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 --
⊳ Rural health clinics ⊳ Median	0 618,038	-- 697,279	0 690,232	0 684,010	0 670,558
⊳ Other federally qualified health clinics ⊳ Median	0 --	-- --	0 --	0 --	0 --

Other payments

Item	2017	2018	2019	2020	2021
Graduate Medical Education (GME) Median	1,791,548 3,284,314	-- 3,250,551	2,619,981 3,386,837	2,649,229 3,360,806	2,590,159 3,508,953
Disproportionate-share hospital (DSH) Median	0 594,888	-- 595,761	0 577,894	0 542,168	0 549,667
Outlier Median	1,242,293 582,572	-- 538,116	692,819 212,434	98,642 126,559	146,697 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	11,691,658 3,662,910	-- 3,730,911	13,210,894 4,081,319	14,184,818 4,643,908	13,518,706 4,389,147
Charity care Median	2,666,272 2,654,636	-- 2,940,659	2,257,728 3,380,215	3,199,389 3,488,738	2,589,984 3,233,405
Uncompensated care (UCC) Median	6,549,692 5,147,790	-- 5,337,617	6,591,668 5,711,082	7,588,317 5,923,418	7,046,802 5,508,107
UCC as a % of operating expenses Median	2.09% 3.24	--% 3.12	1.96% 3.21	2.23% 3.3	2.15% 2.86
Total shortfall/UCC Median	18,241,350 9,489,989	-- 9,424,297	19,802,562 10,120,158	21,773,135 11,171,337	20,565,508 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	123,265,371 52,142,039	-- 54,485,252	127,799,664 57,395,589	135,539,536 58,830,919	121,486,561 61,722,907
Salaries as a % of operating expenses Median	39.32 36.68	-- 36.56	37.91 36.37	39.85 35.93	37.07 35.24
Intern, resident salaries* Median	0 2,598,592	-- 2,686,824	0 2,753,773	0 2,937,156	0 2,909,848
Contract intern, resident salaries* Median	871,945 1,251,927	-- 1,186,494	1,405,701 1,204,885	1,589,734 1,279,653	1,500,974 1,469,317
Contract adjusted salaries, direct-care Median	571,780 1,449,244	-- 1,475,986	1,951,316 1,563,078	1,917,603 1,721,954	5,517,169 2,991,828
Contract hours, direct-care Median	7,577.55 22,725	-- 23,018.5	42,190.88 24,503.48	41,463.17 25,026.5	79,367.22 33,786
Contract wages, direct-care Median	75.46 64.67	-- 64.53	46.25 65.06	46.25 68.97	69.51 88.94

* in an approved program

Return to top

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.