As of the July, 2022, release via CMS

TX HLTH HARRIS METHODIST HOSPITAL

CMS id: 450135
1301 PENNSYLVANIA AVENUE, FORT WORTH TX 76104. County: TARRANT
System: TEXAS HEALTH RESOURCES
CBSA: Dallas-Fort Worth-Arlington, TX

The 653-bed, acute-care hospital had $34,155,544 in net service to patients*, with a total profit margin of 11.19732% in fiscal year 2021, the latest year available.
It spent 8.84% of its operating expenses on uncompensated care and reported $0 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	504 118	500 118	489 119.5	489 118	509 119
Total beds Median	666 162	662 162	651 162	644 162	653 163.5
FTEs Median	4,060.47 788.06	4,081.54 793.42	3,903.87 806.03	3,591.85 787.61	3,401.57 804.34

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	801,650,456 150,932,746	811,986,704 158,950,878	812,029,250 168,696,998	787,514,312 163,454,693	909,925,126 186,589,412
Operating expenses Median	784,855,670 149,311,209	798,424,676 156,110,414	807,010,474 164,890,568	813,863,736 166,516,854	875,769,582 180,120,888
Net income from service 2 patients (NS2P) ? Median	16,794,786 -964,173	13,562,028 -643,601.5	5,018,776 -116,254	-26,349,424 -5,025,862	34,155,544 -1,284,564
NS2P margin ? Median	2.10% -0.62	1.67% -0.29	0.62% 0.18	-3.35% -5.07	3.75% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for TX HLTH HARRIS METHODIST HOSPITAL 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	47,909,054 5,089,215	50,317,083 4,572,541	56,440,865 5,268,134	76,104,785 13,092,619	76,272,168 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	60,974 299,524	50,193 188,688.5	30,161 370,813	43,601 309,361.5	73,257 375,329
⊳ 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	1,075,860	1,029,400	871,313	618,021	552,626
⊳ Line 13: Revenue from laundry and linen service	0	0	0	0	0
⊳ Line 14: Revenue from meals sold to emplyees and guests	5,066,958	4,649,942	4,231,907	3,055,103	3,290,399
⊳ Line 15: Revenue from rental of living quarters	0	0	0	0	0
⊳ Line 16: Revenue from sale of medical and surgical supplies	2,708	641	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	1,325,855	1,830,422	1,637,987	1,270,242	1,008,314
⊳ Line 21: Rental of vending machines	0	0	74,419	85,153	54,022
⊳ 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	40,376,699	42,756,485	49,595,078	71,032,665	71,293,550
Total income ? Median	64,703,840 6,586,430	63,879,111 6,767,106	61,459,641 8,419,950	49,755,361 8,094,175	110,427,712 15,162,888
Non-operating expenses Median	0 146,289.5	0 164,857	0 89,880.5	6 106,761	0 31,473.5
Net income Median	64,703,840 6,043,842	63,879,111 5,845,112	61,459,641 7,606,259	49,755,355 7,283,041	110,427,712 14,957,241
Net margin Median	7.61616% 4.62%	7.40796% 4.42%	7.07677% 5.16%	5.76126% 5.2%	11.19732% 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 TX HLTH HARRIS METHODIST HOSPITAL 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	130,859,356 23,241,334	131,291,813 23,709,545	128,329,190 24,248,380	126,053,517 22,858,541	132,675,651 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	130,859,356 21,577,146	131,291,813 22,041,594	128,329,190 22,722,063	126,053,517 21,570,441	132,675,651 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	27,773,098 11,160,864	28,485,166 11,987,345	29,979,021 12,926,866	24,961,315 11,884,480	23,678,912 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	27,773,098 10,918,923	28,485,166 11,706,976	29,979,021 12,615,917	24,961,315 11,458,116	23,678,912 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	367,663 3,284,314	343,822 3,250,551	287,280 3,386,837	256,349 3,360,806	254,499 3,508,953
Disproportionate-share hospital (DSH) Median	3,048,954 594,888	2,821,348 595,761	2,629,594 577,894	2,620,719 542,168	2,292,579 549,667
Outlier Median	3,446,219 582,572	3,391,081 538,116	301,413 212,434	288,032 126,559	377,540 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	2,660,937 3,662,910	0 3,730,911	0 4,081,319	0 4,643,908	0 4,389,147
Charity care Median	62,299,694 2,654,636	67,823,075 2,940,659	64,871,039 3,380,215	62,953,607 3,488,738	70,919,440 3,233,405
Uncompensated care (UCC) Median	77,456,775 5,147,790	87,284,449 5,337,617	88,754,317 5,711,082	77,189,950 5,923,418	77,456,259 5,508,107
UCC as a % of operating expenses Median	9.87% 3.24	10.93% 3.12	11.00% 3.21	9.48% 3.3	8.84% 2.86
Total shortfall/UCC Median	80,117,712 9,489,989	87,284,449 9,424,297	88,754,317 10,120,158	77,189,950 11,171,337	77,456,259 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	288,616,072 52,142,039	293,810,475 54,485,252	288,636,994 57,395,589	281,675,715 58,830,919	298,316,360 61,722,907
Salaries as a % of operating expenses Median	36.77 36.68	36.80 36.56	35.77 36.37	34.61 35.93	34.06 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	1,333,711 1,449,244	761,684 1,475,986	465,918 1,563,078	890,152 1,721,954	2,601,043 2,991,828
Contract hours, direct-care Median	21,252.00 22,725	12,546.00 23,018.5	10,101.00 24,503.48	15,430.00 25,026.5	32,384.00 33,786
Contract wages, direct-care Median	62.76 64.67	60.71 64.53	46.13 65.06	57.69 68.97	80.32 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.