As of the July, 2022, release via CMS

UNIVERSITY OF TENNESSEE MEDICAL CENT

CMS id: 440015
1924 ALCOA HIGHWAY, KNOXVILLE TN 37920. County: KNOX
System: --
CBSA: Knoxville, TN

The 698-bed, acute-care hospital had $-150,365,946 in net service to patients*, with a total profit margin of 2.45657% in fiscal year 2021, the latest year available.
It spent 4.21% of its operating expenses on uncompensated care and reported $983,750 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	447 118	480 118	512 119.5	511 118	538 119
Total beds Median	589 162	632 162	672 162	671 162	698 163.5
FTEs Median	4,349.73 788.06	4,342.94 793.42	4,557.58 806.03	4,700.18 787.61	4,834.49 804.34

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	773,857,368 150,932,746	819,648,612 158,950,878	903,975,508 168,696,998	939,626,474 163,454,693	992,340,749 186,589,412
Operating expenses Median	835,165,161 149,311,209	862,373,322 156,110,414	951,108,721 164,890,568	1,054,624,097 166,516,854	1,142,706,695 180,120,888
Net income from service 2 patients (NS2P) ? Median	-61,307,793 -964,173	-42,724,710 -643,601.5	-47,133,213 -116,254	-114,997,623 -5,025,862	-150,365,946 -1,284,564
NS2P margin ? Median	-7.92% -0.62	-5.21% -0.29	-5.21% 0.18	-12.24% -5.07	-15.15% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for UNIVERSITY OF TENNESSEE MEDICAL CENT 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	68,922,191 5,089,215	63,327,953 4,572,541	112,911,685 5,268,134	183,561,201 13,092,619	179,213,741 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	940,845 224,999	1,160,152 199,009	4,469,206 206,870.5	6,163,523 194,343	6,604,870 249,496
⊳ Line 7: Investments ? ⊳ Median	12,988,721 299,524	0 188,688.5	21,699,048 370,813	25,257,362 309,361.5	17,904,121 375,329
⊳ 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	0	0	0	0	0
⊳ 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	0	0	0	0	0
⊳ 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	0	0	0	0	0
⊳ 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	54,992,625	62,167,801	86,743,431	152,140,316	154,704,750
Total income ? Median	7,614,398 6,586,430	20,603,243 6,767,106	65,778,472 8,419,950	68,563,578 8,094,175	28,847,795 15,162,888
Non-operating expenses Median	894,423 146,289.5	2,046,729 164,857	0 89,880.5	0 106,761	67,765 31,473.5
Net income Median	6,719,975 6,043,842	18,556,514 5,845,112	65,778,472 7,606,259	68,563,578 7,283,041	28,780,030 14,957,241
Net margin Median	0.79736% 4.62%	2.10159% 4.42%	6.46861% 5.16%	6.10437% 5.2%	2.45657% 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 UNIVERSITY OF TENNESSEE MEDICAL CENT 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	122,286,849 23,241,334	133,919,548 23,709,545	134,170,723 24,248,380	133,388,976 22,858,541	129,771,478 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	122,286,849 21,577,146	133,919,548 22,041,594	134,170,723 22,722,063	133,388,976 21,570,441	129,771,478 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	81,627,437 11,160,864	84,389,856 11,987,345	95,872,930 12,926,866	105,386,873 11,884,480	106,773,929 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	81,627,437 10,918,923	84,389,856 11,706,976	95,872,930 12,615,917	105,386,873 11,458,116	106,773,929 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	23,763,076 3,284,314	26,192,702 3,250,551	26,444,745 3,386,837	25,117,001 3,360,806	25,459,898 3,508,953
Disproportionate-share hospital (DSH) Median	4,130,834 594,888	4,534,703 595,761	3,346,844 577,894	4,318,319 542,168	3,850,027 549,667
Outlier Median	1,203,413 582,572	1,011,608 538,116	21,146 212,434	172,729 126,559	129,066 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	2,044,705 3,662,910	1,578,202 3,730,911	1,435,273 4,081,319	1,665,625 4,643,908	983,750 4,389,147
Charity care Median	26,505,676 2,654,636	32,653,057 2,940,659	54,459,095 3,380,215	37,378,072 3,488,738	40,143,175 3,233,405
Uncompensated care (UCC) Median	34,455,643 5,147,790	42,581,981 5,337,617	65,307,974 5,711,082	47,107,587 5,923,418	48,071,933 5,508,107
UCC as a % of operating expenses Median	4.13% 3.24	4.94% 3.12	6.87% 3.21	4.47% 3.3	4.21% 2.86
Total shortfall/UCC Median	36,500,348 9,489,989	44,160,183 9,424,297	66,743,247 10,120,158	48,773,212 11,171,337	49,055,683 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	284,339,437 52,142,039	285,433,657 54,485,252	314,109,392 57,395,589	349,247,396 58,830,919	386,700,475 61,722,907
Salaries as a % of operating expenses Median	34.66 36.68	33.75 36.56	33.62 36.37	33.18 35.93	34.19 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	13,937,515 1,251,927	14,546,208 1,186,494	14,676,005 1,204,885	14,945,103 1,279,653	15,464,544 1,469,317
Contract adjusted salaries, direct-care Median	18,727,511 1,449,244	17,491,642 1,475,986	20,094,740 1,563,078	21,458,867 1,721,954	23,822,413 2,991,828
Contract hours, direct-care Median	551,305.54 22,725	528,560.08 23,018.5	572,656.98 24,503.48	578,477.00 25,026.5	589,164.94 33,786
Contract wages, direct-care Median	33.97 64.67	33.09 64.53	35.09 65.06	37.10 68.97	40.43 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.