As of the July, 2022, release via CMS

ST CLARE HOSPITAL

CMS id: 500021
11315 BRIDGEPORT WAY SW, LAKEWOOD WA 98499. County: PIERCE
System: CATHOLIC HEALTH INITIATIVES
CBSA: Seattle-Tacoma-Bellevue, WA

The 106-bed, acute-care hospital had $-16,457,097 in net service to patients*, with a total profit margin of -6.19630% in fiscal year 2021, the latest year available.
It spent 2.58% of its operating expenses on uncompensated care and reported $15,377,695 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	75 118	75 118	75 119.5	75 118	75 119
Total beds Median	106 162	106 162	106 162	106 162	106 163.5
FTEs Median	603.00 788.06	584.00 793.42	589.00 806.03	566.00 787.61	572.18 804.34

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	145,308,314 150,932,746	144,839,867 158,950,878	145,154,937 168,696,998	133,500,910 163,454,693	146,016,952 186,589,412
Operating expenses Median	138,223,443 149,311,209	140,943,962 156,110,414	149,528,772 164,890,568	149,762,027 166,516,854	162,474,049 180,120,888
Net income from service 2 patients (NS2P) ? Median	7,084,871 -964,173	3,895,905 -643,601.5	-4,373,835 -116,254	-16,261,117 -5,025,862	-16,457,097 -1,284,564
NS2P margin ? Median	4.88% -0.62	2.69% -0.29	-3.01% 0.18	-12.18% -5.07	-11.27% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for ST CLARE 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	5,434,235 5,089,215	6,508,401 4,572,541	4,359,133 5,268,134	13,715,604 13,092,619	6,977,127 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	21,898 224,999	680,951 199,009	0 206,870.5	0 194,343	0 249,496
⊳ Line 7: Investments ? ⊳ Median	1,619,599 299,524	2,598,087 188,688.5	1,768,300 370,813	1,588,357 309,361.5	3,262,934 375,329
⊳ 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	799,194	662,906	692,541	688,853	541,328
⊳ Line 15: Revenue from rental of living quarters	0	0	0	0	0
⊳ Line 16: Revenue from sale of medical and surgical supplies	0	396	3,756	729	0
⊳ Line 17: Revenue from sale of drugs to other than patients	1,308,577	1,665,092	1,534,500	1,628,496	1,817,837
⊳ 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	5,878	10,280	6,880	6,853	1,019
⊳ 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	1,679,089	890,689	353,156	9,802,316	1,354,009
Total income ? Median	12,519,106 6,586,430	10,404,306 6,767,106	-14,702 8,419,950	-2,545,513 8,094,175	-9,479,970 15,162,888
Non-operating expenses Median	0 146,289.5	0 164,857	573,947 89,880.5	0 106,761	0 31,473.5
Net income Median	12,519,106 6,043,842	10,404,306 5,845,112	-588,649 7,606,259	-2,545,513 7,283,041	-9,479,970 14,957,241
Net margin Median	8.30496% 4.62%	6.87441% 4.42%	-0.39371% 5.16%	-1.72909% 5.2%	-6.19630% 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 ST CLARE 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	26,447,378 23,241,334	23,612,034 23,709,545	23,781,632 24,248,380	18,905,026 22,858,541	19,587,169 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	26,447,378 21,577,146	23,612,034 22,041,594	23,781,632 22,722,063	18,905,026 21,570,441	19,587,169 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	12,294,004 11,160,864	12,101,279 11,987,345	13,315,470 12,926,866	11,352,940 11,884,480	11,972,314 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	12,294,004 10,918,923	12,101,279 11,706,976	13,315,470 12,615,917	11,352,940 11,458,116	11,972,314 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	666,342 594,888	604,545 595,761	563,034 577,894	457,743 542,168	439,991 549,667
Outlier Median	540,914 582,572	440,765 538,116	1,757,122 212,434	93,260 126,559	177,796 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	8,021,296 3,662,910	10,024,820 3,730,911	12,738,539 4,081,319	10,694,743 4,643,908	15,377,695 4,389,147
Charity care Median	3,393,157 2,654,636	4,011,715 2,940,659	3,738,912 3,380,215	3,750,487 3,488,738	3,066,319 3,233,405
Uncompensated care (UCC) Median	4,832,592 5,147,790	5,331,563 5,337,617	5,493,445 5,711,082	5,306,336 5,923,418	4,190,190 5,508,107
UCC as a % of operating expenses Median	3.50% 3.24	3.78% 3.12	3.67% 3.21	3.54% 3.3	2.58% 2.86
Total shortfall/UCC Median	12,853,888 9,489,989	15,356,383 9,424,297	18,231,984 10,120,158	16,001,079 11,171,337	19,567,885 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	43,889,934 52,142,039	44,284,961 54,485,252	46,030,648 57,395,589	47,362,916 58,830,919	49,836,302 61,722,907
Salaries as a % of operating expenses Median	31.75 36.68	31.42 36.56	30.78 36.37	31.63 35.93	30.67 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	2,967,095 1,449,244	2,948,647 1,475,986	3,802,385 1,563,078	2,416,053 1,721,954	2,726,823 2,991,828
Contract hours, direct-care Median	39,237.00 22,725	41,571.88 23,018.5	54,687.00 24,503.48	34,022.00 25,026.5	40,786.00 33,786
Contract wages, direct-care Median	75.62 64.67	70.93 64.53	69.53 65.06	71.01 68.97	66.86 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.