As of the July, 2022, release via CMS

ST ANTHONY HOSPITAL

CMS id: 500151
11567 CANTERWOOD BLVD NW, GIG HARBOR WA 98332. County: PIERCE
System: COMMON SPIRIT HEALTH (CHI)
CBSA: Seattle-Tacoma-Bellevue, WA

The 112-bed, acute-care hospital had $11,834,066 in net service to patients*, with a total profit margin of 11.97863% in fiscal year 2021, the latest year available.
It spent 1.89% of its operating expenses on uncompensated care and reported $8,704,385 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	64 118	96 118	96 119.5	96 118	96 119
Total beds Median	80 162	112 162	112 162	112 162	112 163.5
FTEs Median	472.00 788.06	506.00 793.42	533.00 806.03	534.88 787.61	549.45 804.34

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	142,002,366 150,932,746	156,598,395 158,950,878	156,295,768 168,696,998	160,643,578 163,454,693	181,567,403 186,589,412
Operating expenses Median	127,467,139 149,311,209	136,555,007 156,110,414	148,726,167 164,890,568	152,865,270 166,516,854	169,733,337 180,120,888
Net income from service 2 patients (NS2P) ? Median	14,535,227 -964,173	20,043,388 -643,601.5	7,569,601 -116,254	7,778,308 -5,025,862	11,834,066 -1,284,564
NS2P margin ? Median	10.24% -0.62	12.80% -0.29	4.84% 0.18	4.84% -5.07	6.52% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for ST ANTHONY 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	8,194,083 5,089,215	9,549,869 4,572,541	8,148,757 5,268,134	11,576,539 13,092,619	11,264,561 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	1,516,901 299,524	2,611,651 188,688.5	861,727 370,813	23,641 309,361.5	217,466 375,329
⊳ 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	938,303	858,758	905,903	931,482	715,567
⊳ Line 15: Revenue from rental of living quarters	0	0	0	0	0
⊳ Line 16: Revenue from sale of medical and surgical supplies	12,853	12,007	8,479	7,480	3,274
⊳ Line 17: Revenue from sale of drugs to other than patients	5,049,450	5,480,367	5,518,207	6,804,048	8,886,468
⊳ 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	130,258	126,224	122,978	87,817	58,404
⊳ Line 21: Rental of vending machines	3,073	5,631	6,847	7,188	970
⊳ 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	543,245	455,231	724,616	3,714,883	1,382,412
Total income ? Median	22,729,310 6,586,430	29,593,257 6,767,106	15,718,358 8,419,950	19,354,847 8,094,175	23,098,627 15,162,888
Non-operating expenses Median	0 146,289.5	0 164,857	746,564 89,880.5	0 106,761	0 31,473.5
Net income Median	22,729,310 6,043,842	29,593,257 5,845,112	14,971,794 7,606,259	19,354,847 7,283,041	23,098,627 14,957,241
Net margin Median	15.13305% 4.62%	17.81135% 4.42%	9.10446% 5.16%	11.23844% 5.2%	11.97863% 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 ANTHONY 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	29,407,823 23,241,334	28,618,784 23,709,545	26,696,052 24,248,380	25,563,183 22,858,541	26,563,695 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	29,407,823 21,577,146	28,618,784 22,041,594	26,696,052 22,722,063	25,563,183 21,570,441	26,563,695 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	12,982,393 11,160,864	14,568,089 11,987,345	15,474,408 12,926,866	15,366,323 11,884,480	18,221,855 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	12,982,393 10,918,923	14,568,089 11,706,976	15,474,408 12,615,917	15,366,323 11,458,116	18,221,855 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	380,065 594,888	373,931 595,761	288,264 577,894	305,466 542,168	371,550 549,667
Outlier Median	1,007,394 582,572	1,531,742 538,116	1,065,089 212,434	234,822 126,559	344,866 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	4,521,464 3,662,910	6,852,421 3,730,911	8,330,677 4,081,319	7,302,247 4,643,908	8,704,385 4,389,147
Charity care Median	1,625,966 2,654,636	2,119,883 2,940,659	2,656,716 3,380,215	3,077,595 3,488,738	2,470,399 3,233,405
Uncompensated care (UCC) Median	2,503,611 5,147,790	3,106,412 5,337,617	3,535,554 5,711,082	3,676,317 5,923,418	3,205,903 5,508,107
UCC as a % of operating expenses Median	1.96% 3.24	2.27% 3.12	2.38% 3.21	2.40% 3.3	1.89% 2.86
Total shortfall/UCC Median	7,025,075 9,489,989	9,958,833 9,424,297	11,866,231 10,120,158	10,978,564 11,171,337	11,910,288 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	36,739,592 52,142,039	39,973,145 54,485,252	42,934,667 57,395,589	46,091,958 58,830,919	49,882,172 61,722,907
Salaries as a % of operating expenses Median	28.82 36.68	29.27 36.56	28.87 36.37	30.15 35.93	29.39 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	1,324,447 1,449,244	1,543,532 1,475,986	2,527,582 1,563,078	2,382,816 1,721,954	2,703,034 2,991,828
Contract hours, direct-care Median	16,716.00 22,725	21,738.00 23,018.5	31,471.00 24,503.48	33,101.00 25,026.5	41,342.00 33,786
Contract wages, direct-care Median	79.23 64.67	71.01 64.53	80.31 65.06	71.99 68.97	65.38 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.