As of the July, 2022, release via CMS

THE HEART HOSPITAL BAYLOR PLANO

CMS id: 670025
1100 ALLIED DRIVE, PLANO TX 75093. County: COLLIN
System: BAYLOR SCOTT & WHITE HEALTH
CBSA: Dallas-Fort Worth-Arlington, TX

The 109-bed, acute-care hospital had $126,084,173 in net service to patients*, with a total profit margin of 35.08945% in fiscal year 2021, the latest year available.
It spent 2.73% 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	116 118	114 118	0 119.5	0 118	0 119
Total beds Median	116 162	114 162	110 162	109 162	109 163.5
FTEs Median	1,351.20 788.06	865.03 793.42	908.57 806.03	1,110.10 787.61	976.84 804.34

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	318,881,623 150,932,746	315,992,746 158,950,878	356,769,147 168,696,998	382,415,993 163,454,693	450,335,629 186,589,412
Operating expenses Median	243,700,489 149,311,209	244,092,145 156,110,414	276,496,172 164,890,568	341,171,456 166,516,854	324,251,456 180,120,888
Net income from service 2 patients (NS2P) ? Median	75,181,134 -964,173	71,900,601 -643,601.5	80,272,975 -116,254	41,244,537 -5,025,862	126,084,173 -1,284,564
NS2P margin ? Median	23.58% -0.62	22.75% -0.29	22.50% 0.18	10.79% -5.07	28.00% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for THE HEART HOSPITAL BAYLOR PLANO 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	1,149,278 5,089,215	1,167,453 4,572,541	18,852,450 5,268,134	34,898,264 13,092,619	49,200,235 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	691,942 188,688.5	1,429,266 370,813	2,427,049 309,361.5	1,444,498 375,329
⊳ 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	557,434	719,461	858,388	565,778	651,388
⊳ 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	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	1,917	711	886
⊳ Line 22: Rental of hospital space	58,450	147,300	99,726	64,694	78,925
⊳ 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	533,394	-391,250	16,463,153	31,840,032	47,024,538
Total income ? Median	76,330,412 6,586,430	73,068,054 6,767,106	99,125,425 8,419,950	76,142,801 8,094,175	175,284,408 15,162,888
Non-operating expenses Median	968,233 146,289.5	1,134,881 164,857	0 89,880.5	0 106,761	-1 31,473.5
Net income Median	75,362,179 6,043,842	71,933,173 5,845,112	99,125,425 7,606,259	76,142,801 7,283,041	175,284,409 14,957,241
Net margin Median	23.54841% 4.62%	22.68039% 4.42%	26.38970% 5.16%	18.24591% 5.2%	35.08945% 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 THE HEART HOSPITAL BAYLOR PLANO 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	63,162,484 23,241,334	59,911,404 23,709,545	70,995,816 24,248,380	64,759,765 22,858,541	75,346,793 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	63,162,484 21,577,146	59,911,404 22,041,594	70,995,816 22,722,063	64,759,765 21,570,441	75,346,793 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	29,875,294 11,160,864	31,134,302 11,987,345	34,178,296 12,926,866	35,687,206 11,884,480	40,594,525 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	29,875,294 10,918,923	31,134,302 11,706,976	34,178,296 12,615,917	35,687,206 11,458,116	40,594,525 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	208,856 3,250,551	940,128 3,386,837	1,627,936 3,360,806	3,597,985 3,508,953
Disproportionate-share hospital (DSH) Median	0 594,888	0 595,761	0 577,894	0 542,168	0 549,667
Outlier Median	7,331,868 582,572	5,573,526 538,116	727,159 212,434	690,418 126,559	555,461 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	29,549 3,662,910	7,704 3,730,911	45,041 4,081,319	756 4,643,908	0 4,389,147
Charity care Median	4,820,077 2,654,636	5,963,878 2,940,659	6,509,054 3,380,215	7,406,931 3,488,738	7,115,903 3,233,405
Uncompensated care (UCC) Median	6,408,048 5,147,790	8,230,746 5,337,617	8,654,582 5,711,082	9,080,311 5,923,418	8,857,947 5,508,107
UCC as a % of operating expenses Median	2.63% 3.24	3.37% 3.12	3.13% 3.21	2.66% 3.3	2.73% 2.86
Total shortfall/UCC Median	6,437,597 9,489,989	8,238,450 9,424,297	8,699,623 10,120,158	9,081,067 11,171,337	8,857,947 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	66,837,427 52,142,039	70,042,590 54,485,252	77,460,348 57,395,589	81,793,486 58,830,919	92,970,221 61,722,907
Salaries as a % of operating expenses Median	28.56 36.68	28.70 36.56	28.01 36.37	23.97 35.93	28.67 35.24
Intern, resident salaries* Median	0 2,598,592	0 2,686,824	379,136 2,753,773	684,379 2,937,156	1,247,405 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	1,147,760 1,449,244	47,371 1,475,986	640,646 1,563,078	266,417 1,721,954	2,115,397 2,991,828
Contract hours, direct-care Median	15,631.00 22,725	867.00 23,018.5	8,391.00 24,503.48	3,416.24 25,026.5	16,057.95 33,786
Contract wages, direct-care Median	73.43 64.67	54.64 64.53	76.35 65.06	77.99 68.97	131.74 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.