As of the July, 2022, release via CMS

JORDAN VALLEY MEDICAL CENTER

CMS id: 460051
3580 W 9000 SOUTH, WEST JORDAN UT 84088. County: SALT LAKE
System: STEWARD HEALTH CARE SYSTEM LLC
CBSA: Salt Lake City, UT

The 303-bed, acute-care hospital had $73,838,570 in net service to patients*, with a total profit margin of 25.67911% in fiscal year 2021, the latest year available.
It spent 5.77% 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	forprofit	forprofit	forprofit	forprofit	forprofit
Acute beds Median	221 118	221 118	221 119.5	221 118	221 119
Total beds Median	314 162	314 162	314 162	314 162	303 163.5
FTEs Median	1,059.70 788.06	1,070.31 793.42	979.65 806.03	965.49 787.61	1,054.54 804.34

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	313,409,613 150,932,746	269,597,396 158,950,878	264,682,999 168,696,998	256,749,130 163,454,693	313,483,291 186,589,412
Operating expenses Median	271,433,727 149,311,209	228,810,035 156,110,414	236,949,334 164,890,568	225,224,846 166,516,854	239,644,721 180,120,888
Net income from service 2 patients (NS2P) ? Median	41,975,886 -964,173	40,787,361 -643,601.5	27,733,665 -116,254	31,524,284 -5,025,862	73,838,570 -1,284,564
NS2P margin ? Median	13.39% -0.62	15.13% -0.29	10.48% 0.18	12.28% -5.07	23.55% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for JORDAN VALLEY 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	4,736,078 5,089,215	5,498,348 4,572,541	5,208,358 5,268,134	4,576,886 13,092,619	8,962,692 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	0 299,524	96,631 188,688.5	81,924 370,813	63,794 309,361.5	116,019 375,329
⊳ 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	942,701	904,744	785,188	675,398	489,922
⊳ 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	25	0	0	0	0
⊳ Line 18: Revenue from sale of medical records and abstracts	1,104	3,180	2,300	212	187
⊳ 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	2,803	19,582	-432	20
⊳ 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	3,792,248	4,490,990	4,319,364	3,837,914	8,356,544
Total income ? Median	46,711,964 6,586,430	46,285,709 6,767,106	32,942,023 8,419,950	36,101,170 8,094,175	82,801,262 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	46,711,964 6,043,842	46,285,709 5,845,112	32,942,023 7,606,259	36,101,170 7,283,041	82,801,262 14,957,241
Net margin Median	14.68257% 4.62%	16.82531% 4.42%	12.20566% 5.16%	13.81461% 5.2%	25.67911% 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 JORDAN VALLEY 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	20,718,871 23,241,334	21,157,003 23,709,545	22,212,601 24,248,380	20,179,900 22,858,541	23,604,537 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	17,703,428 21,577,146	18,436,368 22,041,594	19,615,804 22,722,063	17,970,838 21,570,441	20,463,010 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	696,554 1,845,420	660,706 1,757,392	628,565 1,738,842	333,781 1,510,463	335,485 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	2,318,889 3,535,627	2,059,929 3,746,588	1,968,232 3,782,288	1,875,281 3,865,578	2,806,042 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	8,620,852 11,160,864	10,598,620 11,987,345	11,464,211 12,926,866	10,173,100 11,884,480	10,669,167 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	8,620,852 10,918,923	10,598,620 11,706,976	11,464,211 12,615,917	10,173,100 11,458,116	10,669,167 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	453,009 594,888	394,290 595,761	509,244 577,894	409,978 542,168	451,008 549,667
Outlier Median	1,152,165 582,572	540,717 538,116	607,873 212,434	307,724 126,559	396,411 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	3,662,496 3,662,910	0 3,730,911	0 4,081,319	0 4,643,908	0 4,389,147
Charity care Median	5,038,897 2,654,636	2,456,568 2,940,659	10,332,305 3,380,215	10,405,311 3,488,738	8,656,426 3,233,405
Uncompensated care (UCC) Median	17,839,857 5,147,790	16,527,609 5,337,617	18,447,948 5,711,082	17,729,621 5,923,418	13,820,315 5,508,107
UCC as a % of operating expenses Median	6.57% 3.24	7.22% 3.12	7.79% 3.21	7.87% 3.3	5.77% 2.86
Total shortfall/UCC Median	21,502,353 9,489,989	16,527,609 9,424,297	18,447,948 10,120,158	17,729,621 11,171,337	13,820,315 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	64,905,554 52,142,039	69,062,289 54,485,252	65,953,558 57,395,589	67,575,190 58,830,919	75,946,959 61,722,907
Salaries as a % of operating expenses Median	29.20 36.68	30.18 36.56	27.83 36.37	30.00 35.93	31.69 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	5,241,775 1,449,244	3,151,204 1,475,986	1,331,746 1,563,078	3,077,027 1,721,954	4,430,816 2,991,828
Contract hours, direct-care Median	73,136.00 22,725	39,083.50 23,018.5	24,142.66 24,503.48	49,175.00 25,026.5	61,264.00 33,786
Contract wages, direct-care Median	71.67 64.67	80.63 64.53	55.16 65.06	62.57 68.97	72.32 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.