As of the July, 2022, release via CMS

ATHENS REGIONAL MEDICAL CENTER

CMS id: 440068
1114 MADISON AVENUE, ATHENS TN 37303. County: MCMINN
System: LIFEPOINT HOSPITALS
CBSA: Athens, TN

The 278-bed, acute-care hospital had $17,591,032 in net service to patients*, with a total profit margin of 18.20678% in fiscal year 2021, the latest year available.
It spent 6.29% of its operating expenses on uncompensated care and reported $2,844,496 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	forprofit	forprofit	forprofit	forprofit	forprofit
Acute beds Median	54 118	84 118	84 119.5	84 118	167 119
Total beds Median	169 162	194 162	194 162	194 162	278 163.5
FTEs Median	501.66 788.06	507.43 793.42	534.12 806.03	520.29 787.61	501.09 804.34

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	84,574,999 150,932,746	90,874,863 158,950,878	98,864,940 168,696,998	94,159,679 163,454,693	105,171,441 186,589,412
Operating expenses Median	74,371,468 149,311,209	78,470,614 156,110,414	82,450,395 164,890,568	84,545,693 166,516,854	87,580,409 180,120,888
Net income from service 2 patients (NS2P) ? Median	10,203,531 -964,173	12,404,249 -643,601.5	16,414,545 -116,254	9,613,986 -5,025,862	17,591,032 -1,284,564
NS2P margin ? Median	12.06% -0.62	13.65% -0.29	16.60% 0.18	10.21% -5.07	16.73% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for ATHENS REGIONAL 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	621,716 5,089,215	386,648 4,572,541	884,965 5,268,134	7,857,525 13,092,619	1,903,944 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	42,000 199,009	5,200 206,870.5	35,517 194,343	17,092 249,496
⊳ Line 7: Investments ? ⊳ Median	332,197 299,524	-8,851 188,688.5	0 370,813	0 309,361.5	0 375,329
⊳ 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	520	1,221
⊳ 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	264,116	133,003	122,527	183,306	159,661
⊳ 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	1,822	590	0	0	0
⊳ Line 18: Revenue from sale of medical records and abstracts	19,432	22,276	12,332	24,506	23,676
⊳ 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	4,149	0	0	0	0
⊳ Line 22: Rental of hospital space	0	187,113	120,722	132,322	137,889
⊳ 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	--	10,517	624,184	7,481,354	1,564,405
Total income ? Median	10,825,247 6,586,430	12,790,897 6,767,106	17,299,510 8,419,950	17,471,511 8,094,175	19,494,976 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	10,825,247 6,043,842	12,790,897 5,845,112	17,299,510 7,606,259	17,471,511 7,283,041	19,494,976 14,957,241
Net margin Median	12.70618% 4.62%	14.01565% 4.42%	17.34288% 5.16%	17.12604% 5.2%	18.20678% 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 ATHENS REGIONAL 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	10,106,575 23,241,334	9,918,979 23,709,545	12,239,466 24,248,380	11,514,525 22,858,541	11,769,716 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	7,036,442 21,577,146	6,615,802 22,041,594	7,913,325 22,722,063	8,007,474 21,570,441	7,351,228 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	2,045,997 1,845,420	2,632,177 1,757,392	3,079,125 1,738,842	2,365,216 1,510,463	3,066,540 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	1,024,136 1,203,033	671,000 1,215,295	1,247,016 1,313,657	1,141,835 1,365,298	1,351,948 1,179,746
All outpatient revenue Median Click here to show/hide details	7,374,984 11,160,864	8,004,466 11,987,345	7,604,218 12,926,866	7,070,657 11,884,480	7,138,381 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	7,374,984 10,918,923	8,004,466 11,706,976	7,604,218 12,615,917	7,070,657 11,458,116	7,138,381 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	0 3,386,837	0 3,360,806	0 3,508,953
Disproportionate-share hospital (DSH) Median	162,919 594,888	150,915 595,761	160,620 577,894	150,019 542,168	141,858 549,667
Outlier Median	60,819 582,572	17,866 538,116	12,165 212,434	17,754 126,559	4,964 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	1,407,174 3,662,910	2,230,342 3,730,911	2,483,418 4,081,319	2,898,311 4,643,908	2,844,496 4,389,147
Charity care Median	2,692,259 2,654,636	3,054,091 2,940,659	3,453,231 3,380,215	3,350,672 3,488,738	3,520,132 3,233,405
Uncompensated care (UCC) Median	4,926,408 5,147,790	4,843,172 5,337,617	5,270,199 5,711,082	4,438,104 5,923,418	5,508,107 5,508,107
UCC as a % of operating expenses Median	6.62% 3.24	6.17% 3.12	6.39% 3.21	5.25% 3.3	6.29% 2.86
Total shortfall/UCC Median	6,333,582 9,489,989	7,073,514 9,424,297	7,753,617 10,120,158	7,336,415 11,171,337	8,352,603 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	26,414,548 52,142,039	27,778,195 54,485,252	29,466,694 57,395,589	29,294,191 58,830,919	30,116,217 61,722,907
Salaries as a % of operating expenses Median	38.92 36.68	38.25 36.56	39.54 36.37	36.66 35.93	36.55 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	49,900 1,449,244	779,523 1,475,986	958,016 1,563,078	777,916 1,721,954	1,393,042 2,991,828
Contract hours, direct-care Median	1,099.00 22,725	12,816.00 23,018.5	16,660.00 24,503.48	14,453.00 25,026.5	15,748.00 33,786
Contract wages, direct-care Median	45.40 64.67	60.82 64.53	57.50 65.06	53.82 68.97	88.46 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.