As of the July, 2022, release via CMS

PROVIDENCE CENTRALIA HOSPITAL

CMS id: 500019
914 S SCHEUBER RD, CENTRALIA WA 98531. County: LEWIS
System: PROVIDENCE HEALTH & SERVICES
CBSA: Centralia, WA

The 116-bed, acute-care hospital had $3,152,101 in net service to patients*, with a total profit margin of 10.05757% in fiscal year 2021, the latest year available.
It spent 2.42% of its operating expenses on uncompensated care and reported $10,326,238 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	110 118	110 118	110 119.5	110 118	110 119
Total beds Median	116 162	116 162	116 162	116 162	116 163.5
FTEs Median	625.00 788.06	625.45 793.42	641.57 806.03	648.58 787.61	675.79 804.34

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	175,577,159 150,932,746	194,578,417 158,950,878	213,490,431 168,696,998	217,866,574 163,454,693	232,702,591 186,589,412
Operating expenses Median	167,746,434 149,311,209	176,885,323 156,110,414	186,137,809 164,890,568	202,330,487 166,516,854	229,550,490 180,120,888
Net income from service 2 patients (NS2P) ? Median	7,830,725 -964,173	17,693,094 -643,601.5	27,352,622 -116,254	15,536,087 -5,025,862	3,152,101 -1,284,564
NS2P margin ? Median	4.46% -0.62	9.09% -0.29	12.81% 0.18	7.13% -5.07	1.35% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for PROVIDENCE CENTRALIA 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	7,415,943 5,089,215	1,279,716 4,572,541	3,728,461 5,268,134	8,197,225 13,092,619	22,516,774 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	2,713,686 224,999	-67,876 199,009	516,456 206,870.5	958,762 194,343	-252,703 249,496
⊳ Line 7: Investments ? ⊳ Median	918,813 299,524	-487,237 188,688.5	1,425,995 370,813	1,197,421 309,361.5	1,188,747 375,329
⊳ 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	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	25	309	26	675	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	0	0	0	0	0
⊳ Line 21: Rental of vending machines	0	0	0	0	0
⊳ Line 22: Rental of hospital space	20,390	23,805	22,962	13,781	6,600
⊳ 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	3,763,029	1,810,715	1,763,022	6,026,586	21,574,130
Total income ? Median	15,246,668 6,586,430	18,972,810 6,767,106	31,081,083 8,419,950	23,733,312 8,094,175	25,668,875 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	15,246,668 6,043,842	18,972,810 5,845,112	31,081,083 7,606,259	23,733,312 7,283,041	25,668,875 14,957,241
Net margin Median	8.33183% 4.62%	9.68702% 4.42%	14.30865% 5.16%	10.49850% 5.2%	10.05757% 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 PROVIDENCE CENTRALIA 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	21,119,237 23,241,334	19,593,384 23,709,545	18,679,213 24,248,380	16,692,847 22,858,541	15,757,803 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	21,119,237 21,577,146	19,593,384 22,041,594	18,679,213 22,722,063	16,692,847 21,570,441	15,757,803 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	31,004,587 11,160,864	35,824,913 11,987,345	38,964,225 12,926,866	43,155,812 11,884,480	43,207,639 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	31,004,587 10,918,923	35,824,913 11,706,976	38,964,225 12,615,917	43,155,812 11,458,116	43,207,639 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	90,925 3,284,314	122,632 3,250,551	96,923 3,386,837	148,468 3,360,806	193,250 3,508,953
Disproportionate-share hospital (DSH) Median	468,493 594,888	455,913 595,761	438,117 577,894	380,054 542,168	347,419 549,667
Outlier Median	371,338 582,572	256,427 538,116	77,508 212,434	131,018 126,559	105,780 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	10,128,703 3,662,910	9,576,909 3,730,911	8,786,403 4,081,319	9,843,387 4,643,908	10,326,238 4,389,147
Charity care Median	4,955,853 2,654,636	5,315,432 2,940,659	6,279,023 3,380,215	3,101,232 3,488,738	4,059,745 3,233,405
Uncompensated care (UCC) Median	5,868,924 5,147,790	6,266,103 5,337,617	7,412,561 5,711,082	5,213,830 5,923,418	5,557,468 5,508,107
UCC as a % of operating expenses Median	3.50% 3.24	3.54% 3.12	3.98% 3.21	2.58% 3.3	2.42% 2.86
Total shortfall/UCC Median	15,997,627 9,489,989	15,843,012 9,424,297	16,198,964 10,120,158	15,057,217 11,171,337	15,883,706 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	51,487,990 52,142,039	52,379,848 54,485,252	54,604,998 57,395,589	56,809,424 58,830,919	64,666,091 61,722,907
Salaries as a % of operating expenses Median	44.31 36.68	44.01 36.56	41.68 36.37	38.76 35.93	39.64 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	62,689 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	299,032 1,449,244	653,283 1,475,986	720,385 1,563,078	709,800 1,721,954	1,780,783 2,991,828
Contract hours, direct-care Median	4,157.94 22,725	16,875.00 23,018.5	8,567.00 24,503.48	9,015.00 25,026.5	21,630.00 33,786
Contract wages, direct-care Median	71.92 64.67	38.71 64.53	84.09 65.06	78.74 68.97	82.33 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.