As of the July, 2022, release via CMS

THOMAS MEMORIAL HOSPITAL

CMS id: 510029
4605 MACCORKLE AVENUE SW, SOUTH CHARLESTON WV 25309. County: KANAWHA
System: THOMAS HEALTH SYSTEM INC
CBSA: Charleston, WV

The 186-bed, acute-care hospital had $59,576,762 in net service to patients*, with a total profit margin of 8.26699% in fiscal year 2021, the latest year available.
It spent 3.81% of its operating expenses on uncompensated care and reported $19,573,865 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	162 118	162 118	154 119.5	154 118	154 119
Total beds Median	206 162	206 162	178 162	186 162	186 163.5
FTEs Median	1,057.33 788.06	1,030.55 793.42	1,070.03 806.03	1,010.01 787.61	1,066.03 804.34

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	161,316,817 150,932,746	171,650,355 158,950,878	179,516,638 168,696,998	159,645,522 163,454,693	188,737,908 186,589,412
Operating expenses Median	176,849,467 149,311,209	169,535,744 156,110,414	177,668,174 164,890,568	120,912,819 166,516,854	129,161,146 180,120,888
Net income from service 2 patients (NS2P) ? Median	-15,532,650 -964,173	2,114,611 -643,601.5	1,848,464 -116,254	38,732,703 -5,025,862	59,576,762 -1,284,564
NS2P margin ? Median	-9.63% -0.62	1.23% -0.29	1.03% 0.18	24.26% -5.07	31.57% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for THOMAS MEMORIAL 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	8,569,015 5,089,215	14,433,488 4,572,541	5,687,878 5,268,134	60,045,359 13,092,619	-47,936,742 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	61,739 224,999	15,458 199,009	299,782 206,870.5	64,514 194,343	1,800 249,496
⊳ Line 7: Investments ? ⊳ Median	2,537,265 299,524	1,713,918 188,688.5	927,235 370,813	438,512 309,361.5	-864,801 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	10,056	247	0	4,044,274	-56,096,877
⊳ Line 11: Rebates and refunds of expenses	0	0	0	0	0
⊳ Line 12: Parking lot receipts	131,830	82,426	95,780	-3,713	-63,414
⊳ Line 13: Revenue from laundry and linen service	11,371	0	0	0	0
⊳ Line 14: Revenue from meals sold to emplyees and guests	3,616,932	924,308	721,408	546,969	714,782
⊳ 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	0	3,261,126	0	0	0
⊳ Line 18: Revenue from sale of medical records and abstracts	1,731	230	4,258	2,962	5,699
⊳ 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	1,094,148	1,034,467	963,573	969,471	906,258
⊳ 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	1,103,943	7,401,308	2,675,842	53,982,370	7,459,811
Total income ? Median	-6,963,635 6,586,430	16,548,099 6,767,106	7,536,342 8,419,950	98,778,062 8,094,175	11,640,020 15,162,888
Non-operating expenses Median	0 146,289.5	6,941,850 164,857	31,319,551 89,880.5	0 106,761	0 31,473.5
Net income Median	-6,963,635 6,043,842	9,606,249 5,845,112	-23,783,209 7,606,259	98,778,062 7,283,041	11,640,020 14,957,241
Net margin Median	-4.09901% 4.62%	5.16232% 4.42%	-12.84159% 5.16%	44.96229% 5.2%	8.26699% 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 THOMAS MEMORIAL 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	24,790,669 23,241,334	25,810,445 23,709,545	24,606,514 24,248,380	22,882,780 22,858,541	21,947,732 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	24,356,533 21,577,146	24,821,950 22,041,594	23,091,766 22,722,063	21,783,490 21,570,441	21,573,955 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	434,136 1,845,420	988,495 1,757,392	1,514,748 1,738,842	1,099,290 1,510,463	373,777 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	17,860,908 11,160,864	18,254,393 11,987,345	19,617,777 12,926,866	15,938,892 11,884,480	16,005,976 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	17,860,908 10,918,923	18,254,393 11,706,976	19,617,777 12,615,917	15,938,892 11,458,116	16,005,976 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	892,857 594,888	1,135,838 595,761	682,263 577,894	862,617 542,168	715,038 549,667
Outlier Median	961,435 582,572	636,038 538,116	894,883 212,434	1,057,341 126,559	1,100,642 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	9,493,291 3,662,910	18,730,177 3,730,911	56,329 4,081,319	17,800,620 4,643,908	19,573,865 4,389,147
Charity care Median	392,329 2,654,636	735,326 2,940,659	399,302 3,380,215	561,269 3,488,738	1,301,671 3,233,405
Uncompensated care (UCC) Median	4,955,893 5,147,790	2,544,391 5,337,617	3,944,855 5,711,082	4,553,549 5,923,418	4,916,194 5,508,107
UCC as a % of operating expenses Median	2.80% 3.24	1.50% 3.12	2.22% 3.21	3.77% 3.3	3.81% 2.86
Total shortfall/UCC Median	14,449,184 9,489,989	21,274,568 9,424,297	4,001,184 10,120,158	22,354,169 11,171,337	24,490,059 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	51,655,760 52,142,039	56,851,998 54,485,252	61,040,533 57,395,589	41,702,875 58,830,919	40,307,435 61,722,907
Salaries as a % of operating expenses Median	29.21 36.68	33.53 36.56	34.36 36.37	34.48 35.93	31.21 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	5,709,869 1,449,244	2,062,195 1,475,986	0 1,563,078	2,263,250 1,721,954	9,599,821 2,991,828
Contract hours, direct-care Median	68,108.00 22,725	28,206.00 23,018.5	0.00 24,503.48	31,454.51 25,026.5	120,752.97 33,786
Contract wages, direct-care Median	83.84 64.67	73.11 64.53	0.00 65.06	71.95 68.97	79.50 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.