As of the July, 2022, release via CMS
CHILDRENS HEALTH CARE
- CMS id: 243302
- 2525 CHICAGO AVENUE SOUTH, MINNEAPOLIS MN 55404. County: HENNEPIN
- System: --
- CBSA: Minneapolis-St. Paul-Bloomington, MN-WI
The 396-bed, childrens hospital had $-29,448,536 in net service to patients*, with a total profit margin of 14.46836% in fiscal year 2021, the latest year available.
It spent 0.00% 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 childrens 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 |
118 128 |
151 138 |
121 132 |
112 132 |
133 139.5 |
| Total beds Median |
381 240 |
414 250 |
384 253 |
375 249 |
396 268 |
| FTEs Median |
3,933.81 2,348.49 |
4,032.28 2,474.39 |
4,140.64 2,467.2 |
3,862.70 2,280 |
3,919.56 2,550.69 |
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
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Net patient revenue ? Median |
784,287,345 525,064,989 |
841,909,065 548,140,349 |
864,693,335 553,978,614 |
740,172,074 521,749,556 |
885,866,338 559,523,956 |
| Operating expenses Median |
806,765,548 380,030,370 |
837,482,449 429,061,291 |
878,898,746 434,503,640 |
847,210,761 430,707,869 |
915,314,874 498,567,350 |
| Net income from service 2 patients (NS2P) ? Median |
-22,478,203 -1,841,638 |
4,426,616 -522,484 |
-14,205,411 94,166 |
-107,038,687 -11,959,831 |
-29,448,536 -16,074,830 |
| NS2P margin ? Median |
-2.87% -2.86 |
0.53% -0.41 |
-1.64% 0.04 |
-14.46% -3.45 |
-3.32% -5.04 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for CHILDRENS HEALTH CARE compared to all** childrens 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 childrens hospitals available to calculate medians:
| 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| 63 | 63 | 63 | 65 | 51 |
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Other income* Median Click here to show/hide details |
110,047,763 47,186,201 |
85,253,494 49,550,891 |
88,818,033 43,369,484 |
109,026,158 74,563,993 |
171,620,744 88,066,310 |
| Total income ? Median |
87,569,560 61,461,455 |
89,680,110 56,564,697 |
74,612,622 58,012,242 |
1,987,471 50,617,244 |
142,172,208 62,924,624 |
| Non-operating expenses Median |
-9,927,858 2,760,568 |
47,271,964 2,724,150 |
-38,871,643 829,348 |
-33,226,387 4,089,642 |
-10,828,815 503,757 |
| Net income Median |
97,497,418 45,197,733 |
42,408,146 39,952,380 |
113,484,265 58,012,242 |
35,213,858 40,996,852 |
153,001,023 74,165,836 |
| Net margin Median |
10.90167% 9.76% |
4.57397% 8.11% |
11.90172% 10.11% |
4.14672% 6.66% |
14.46836% 11.48% |
* 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 CHILDRENS HEALTH CARE compared to all** childrens hospitals, from CMS cost reports.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 childrens hospitals available to calculate medians:
| 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| 63 | 63 | 63 | 65 | 51 |
Medicare revenue
Inpatient and outpatient revenue
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| All inpatient revenue Median Click here to show/hide details |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| All outpatient revenue Median Click here to show/hide details |
41,016 277,359 |
48,073 515,761.5 |
80,681 419,825 |
32,364 384,974 |
46,528 540,291 |
Other payments
| Item | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Graduate Medical Education (GME) Median |
947 23,594 |
626 27,114 |
1,573 29,521 |
382 20,769 |
3,126 18,619.5 |
| Disproportionate-share hospital (DSH) Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Outlier Median |
0 24,094 |
400 26,215 |
19,933 19,933 |
0 22,747 |
6,702 17,351 |
Uncompensated care
| Item | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Medicaid shortfall Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Charity care Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Uncompensated care (UCC) Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| UCC as a % of operating expenses Median |
0.00% 0 |
0.00% 0 |
0.00% 0 |
0.00% 0 |
0.00% 0 |
| Total shortfall/UCC Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
Labor costs
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Total salaries Median |
375,467,151 158,917,507 |
390,549,616 172,292,593 |
409,120,459 181,542,159 |
378,001,657 180,024,857 |
432,471,831 198,946,032 |
| Salaries as a % of operating expenses Median |
46.54 42.46 |
46.63 41.44 |
46.55 41.89 |
44.62 41.02 |
47.25 39.81 |
| Intern, resident salaries* Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Contract intern, resident salaries* Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Contract adjusted salaries, direct-care Median |
0 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Contract hours, direct-care Median |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
| Contract wages, direct-care Median |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
* in an approved program
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.