As of the July, 2022, release via CMS

THE MEDICAL CTR OF SOUTHEAST TEXAS

CMS id: 450518
2555 JIMMY JOHNSON BLVD, PORT ARTHUR TX 77640. County: JEFFERSON
System: STEWARD HEALTH CARE SYSTEM LLC
CBSA: Beaumont-Port Arthur, TX

The 216-bed, acute-care hospital had $7,315,646 in net service to patients*, with a total profit margin of 5.89934% in fiscal year 2021, the latest year available.
It spent 7.91% of its operating expenses on uncompensated care and reported $66,100 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	151 118	151 118	151 119.5	151 118	154 119
Total beds Median	216 162	216 162	216 162	216 162	216 163.5
FTEs Median	758.80 788.06	777.98 793.42	723.99 806.03	649.10 787.61	713.26 804.34

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	194,352,569 150,932,746	156,056,236 158,950,878	130,329,109 168,696,998	124,118,504 163,454,693	142,010,949 186,589,412
Operating expenses Median	187,733,868 149,311,209	143,900,824 156,110,414	135,065,454 164,890,568	133,588,432 166,516,854	134,695,303 180,120,888
Net income from service 2 patients (NS2P) ? Median	6,618,701 -964,173	12,155,412 -643,601.5	-4,736,345 -116,254	-9,469,928 -5,025,862	7,315,646 -1,284,564
NS2P margin ? Median	3.41% -0.62	7.79% -0.29	-3.63% 0.18	-7.63% -5.07	5.15% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for THE MEDICAL CTR OF SOUTHEAST TEXAS 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	4,075,162 5,089,215	3,984,060 4,572,541	1,428,597 5,268,134	10,743,616 13,092,619	1,128,641 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	-572 299,524	11,985 188,688.5	10,831 370,813	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	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	566,118	609,077	542,369	319,860	320,443
⊳ 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	6,344	3,449	630	3,691	0
⊳ Line 18: Revenue from sale of medical records and abstracts	165	3,459	2,892	383	1,946
⊳ 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	14,153	19,522	23,224	5,564	2,729
⊳ Line 22: Rental of hospital space	0	751,364	749,668	668,539	656,731
⊳ 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	3,488,954	2,585,204	98,983	9,745,579	146,792
Total income ? Median	10,693,863 6,586,430	16,139,472 6,767,106	-3,307,748 8,419,950	1,273,688 8,094,175	8,444,287 15,162,888
Non-operating expenses Median	0 146,289.5	0 164,857	3 89,880.5	0 106,761	0 31,473.5
Net income Median	10,693,863 6,043,842	16,139,472 5,845,112	-3,307,751 7,606,259	1,273,688 7,283,041	8,444,287 14,957,241
Net margin Median	5.38930% 4.62%	10.08463% 4.42%	-2.51048% 5.16%	0.94444% 5.2%	5.89934% 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 MEDICAL CTR OF SOUTHEAST TEXAS 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	25,997,934 23,241,334	22,918,478 23,709,545	19,445,852 24,248,380	18,874,857 22,858,541	18,129,840 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	22,845,727 21,577,146	20,451,170 22,041,594	17,091,837 22,722,063	16,927,854 21,570,441	16,549,874 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	754,687 1,845,420	595,615 1,757,392	633,533 1,738,842	354,280 1,510,463	345,481 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	2,397,520 3,535,627	1,871,693 3,746,588	1,720,482 3,782,288	1,592,723 3,865,578	1,234,485 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	10,905,096 11,160,864	10,610,620 11,987,345	10,268,618 12,926,866	8,204,958 11,884,480	6,855,017 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	10,905,096 10,918,923	10,610,620 11,706,976	10,268,618 12,615,917	8,204,958 11,458,116	6,855,017 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	868,709 594,888	743,330 595,761	600,283 577,894	546,544 542,168	527,755 549,667
Outlier Median	501,211 582,572	359,751 538,116	290,420 212,434	210,940 126,559	307,937 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	4,402,122 3,662,910	15,850 3,730,911	41,554 4,081,319	67,208 4,643,908	66,100 4,389,147
Charity care Median	2,903,147 2,654,636	2,502,444 2,940,659	7,951,706 3,380,215	9,288,595 3,488,738	7,994,596 3,233,405
Uncompensated care (UCC) Median	8,697,348 5,147,790	8,485,794 5,337,617	10,726,639 5,711,082	13,436,135 5,923,418	10,657,327 5,508,107
UCC as a % of operating expenses Median	4.63% 3.24	5.90% 3.12	7.94% 3.21	10.06% 3.3	7.91% 2.86
Total shortfall/UCC Median	13,099,470 9,489,989	8,501,644 9,424,297	10,768,193 10,120,158	13,503,343 11,171,337	10,723,427 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	45,535,410 52,142,039	47,216,706 54,485,252	44,896,368 57,395,589	41,608,895 58,830,919	44,431,758 61,722,907
Salaries as a % of operating expenses Median	32.74 36.68	32.81 36.56	33.24 36.37	31.15 35.93	32.99 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	3,995,782 1,449,244	1,173,641 1,475,986	2,001,831 1,563,078	7,427,436 1,721,954	5,511,617 2,991,828
Contract hours, direct-care Median	76,392.00 22,725	16,428.00 23,018.5	27,467.25 24,503.48	84,095.00 25,026.5	104,941.00 33,786
Contract wages, direct-care Median	52.31 64.67	71.44 64.53	72.88 65.06	88.32 68.97	52.52 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.