As of the July, 2022, release via CMS

THE HOSPITALS OF PROVIDENCE - MEMORI

CMS id: 450002
2001 NORTH OREGON, EL PASO TX 79902. County: EL PASO
System: TENET HEALTHCARE CORPORATION
CBSA: El Paso, TX

The 318-bed, acute-care hospital had $40,972,658 in net service to patients*, with a total profit margin of 17.37135% in fiscal year 2021, the latest year available.
It spent 2.42% of its operating expenses on uncompensated care and reported $356,154 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	382 118	237 118	238 119.5	246 118	238 119
Total beds Median	460 162	319 162	320 162	328 162	318 163.5
FTEs Median	1,105.00 788.06	1,094.00 793.42	1,048.00 806.03	936.40 787.61	875.01 804.34

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	302,118,178 150,932,746	284,753,188 158,950,878	295,924,617 168,696,998	279,416,016 163,454,693	298,244,798 186,589,412
Operating expenses Median	267,620,655 149,311,209	266,643,889 156,110,414	264,395,063 164,890,568	265,778,814 166,516,854	257,272,140 180,120,888
Net income from service 2 patients (NS2P) ? Median	34,497,523 -964,173	18,109,299 -643,601.5	31,529,554 -116,254	13,637,202 -5,025,862	40,972,658 -1,284,564
NS2P margin ? Median	11.42% -0.62	6.36% -0.29	10.65% 0.18	4.88% -5.07	13.74% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for THE HOSPITALS OF PROVIDENCE - MEMORI 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	2,540,135 5,089,215	2,847,518 4,572,541	3,669,572 5,268,134	4,739,247 13,092,619	13,114,704 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	0 224,999	0 199,009	0 206,870.5	0 194,343	0 249,496
⊳ Line 7: Investments ? ⊳ Median	188,562 299,524	2,334 188,688.5	7,746 370,813	904 309,361.5	1,045 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	2,864	2,640	3,050	22,142	17,990
⊳ Line 11: Rebates and refunds of expenses	192,276	135,284	147,837	207,799	402,227
⊳ 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	124	156	0	1,837	13,067
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	63,340	73,492	58,360	47,305	0
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	0	0	0	0	0
⊳ Line 21: Rental of vending machines	26,058	22,695	22,922	24,326	30,264
⊳ Line 22: Rental of hospital space	146,148	87,085	81,510	98,909	75,500
⊳ 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	1,920,763	2,523,832	3,348,147	4,336,025	12,574,611
Total income ? Median	37,037,658 6,586,430	20,956,817 6,767,106	35,199,126 8,419,950	18,376,449 8,094,175	54,087,362 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	37,037,658 6,043,842	20,956,817 5,845,112	35,199,126 7,606,259	18,376,449 7,283,041	54,087,362 14,957,241
Net margin Median	12.15711% 4.62%	7.28678% 4.42%	11.74893% 5.16%	6.46705% 5.2%	17.37135% 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 THE HOSPITALS OF PROVIDENCE - MEMORI 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	28,607,464 23,241,334	24,670,441 23,709,545	23,441,424 24,248,380	19,110,768 22,858,541	21,177,238 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	27,167,921 21,577,146	23,376,345 22,041,594	22,047,425 22,722,063	17,879,138 21,570,441	20,232,740 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	1,439,543 1,845,420	1,294,096 1,757,392	1,393,999 1,738,842	1,231,630 1,510,463	944,498 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	10,171,173 11,160,864	10,247,220 11,987,345	8,963,206 12,926,866	7,966,081 11,884,480	7,582,465 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	10,171,173 10,918,923	10,247,220 11,706,976	8,963,206 12,615,917	7,966,081 11,458,116	7,582,465 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	151,851 3,284,314	178,446 3,250,551	190,987 3,386,837	198,143 3,360,806	172,069 3,508,953
Disproportionate-share hospital (DSH) Median	1,722,973 594,888	1,455,371 595,761	1,350,305 577,894	1,174,851 542,168	1,160,543 549,667
Outlier Median	1,472,624 582,572	1,155,609 538,116	1,051,290 212,434	126,657 126,559	272,899 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	565,318 3,662,910	560,777 3,730,911	533,270 4,081,319	592,987 4,643,908	356,154 4,389,147
Charity care Median	6,388,089 2,654,636	6,208,269 2,940,659	6,846,980 3,380,215	7,247,265 3,488,738	5,088,125 3,233,405
Uncompensated care (UCC) Median	9,014,994 5,147,790	8,761,223 5,337,617	9,421,328 5,711,082	9,251,235 5,923,418	6,238,244 5,508,107
UCC as a % of operating expenses Median	3.37% 3.24	3.29% 3.12	3.56% 3.21	3.48% 3.3	2.42% 2.86
Total shortfall/UCC Median	9,580,312 9,489,989	9,322,000 9,424,297	9,954,598 10,120,158	9,844,222 11,171,337	6,594,398 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	79,824,702 52,142,039	80,534,823 54,485,252	80,015,537 57,395,589	77,502,117 58,830,919	72,096,251 61,722,907
Salaries as a % of operating expenses Median	29.82 36.68	30.24 36.56	30.06 36.37	29.16 35.93	28.02 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	411,695 1,251,927	424,374 1,186,494	282,325 1,204,885	430,991 1,279,653	0 1,469,317
Contract adjusted salaries, direct-care Median	844,703 1,449,244	665,545 1,475,986	1,453,703 1,563,078	2,247,877 1,721,954	5,813,397 2,991,828
Contract hours, direct-care Median	33,474.00 22,725	16,631.00 23,018.5	24,631.00 24,503.48	36,641.50 25,026.5	36,583.00 33,786
Contract wages, direct-care Median	25.23 64.67	40.02 64.53	59.02 65.06	61.35 68.97	158.91 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.