As of the July, 2022, release via CMS


SSH - FORT MYERS


  • CMS id: 102029
  • 050 CHAMPION RING ROAD, FORT MYERS FL 33905. County: LEE
  • System: SELECT MEDICAL
  • CBSA: Cape Coral-Fort Myers, FL

The 60-bed, long-term hospital had $1,783,683 in net service to patients*, with a total profit margin of 7.56393% 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 long-term 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 365 365 214 366 365
Ownership
forprofit forprofit forprofit forprofit forprofit
Acute beds
Median
60
44
60
45
60
46.5
60
45
60
45
Total beds
Median
60
47
60
48
60
48
60
49
60
49
FTEs
Median
144.69
103.98
209.00
108.8
227.89
107.68
140.82
108.27
184.66
111.58

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
21,850,244
15,922,304
22,741,928
17,137,722
11,655,876
17,270,018
22,916,018
18,501,558
26,529,001
20,363,991
Operating expenses
Median
20,662,879
16,699,110
21,806,539
17,149,459
12,882,823
17,741,870
23,063,758
17,467,608
24,745,318
19,803,177
Net income from service 2 patients (NS2P) ?
Median
1,187,365
-265,919
935,389
75,645.5
-1,226,947
80,328
-147,740
670,921
1,783,683
1,115,138
NS2P margin ?
Median
5.43%
-1.5
4.11%
0.72
-10.53%
1.45
-0.64%
4.42
6.72%
5.66

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for SSH - FORT MYERS compared to all** long-term 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 long-term hospitals available to calculate medians:

2017 2018 2019 2020 2021
408 380 353 348 323

2017 2018 2019 2020 2021
Other income*
Median
Click here to show/hide details
46,477
72,020.5
41,978
72,701
3,341,970
71,539
31,827
281,596
1,946,968
547,957
Total income ?
Median
1,233,842
80,111
977,367
382,412.5
2,115,023
499,629
-115,913
1,334,999
3,730,651
2,049,459
Non-operating expenses
Median
0
644,657
0
385,584
0
506,122.5
-366,045
581,714
1,576,748
586,009
Net income
Median
1,233,842
-21,319
977,367
112,320
2,115,023
237,850
250,132
903,115.5
2,153,903
1,754,915
Net margin
Median
5.63483%
0.05%
4.28973%
1.36%
14.10218%
1.81%
1.09000%
5.61%
7.56393%
8.54%

* 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 SSH - FORT MYERS compared to all** long-term 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 long-term hospitals available to calculate medians:

2017 2018 2019 2020 2021
408 380 353 348 323


Medicare revenue

Inpatient and outpatient revenue

2017 2018 2019 2020 2021
All inpatient revenue
Median
Click here to show/hide details
15,364,868
9,206,255
16,810,174
9,071,514
8,453,982
9,188,446
13,086,262
9,026,156
13,128,276
8,843,005
All outpatient revenue
Median
Click here to show/hide details
6,450
17,364
20,068
20,498
9,014
18,751
21,125
22,247
0
28,094.5

Other payments

Item 2017 2018 2019 2020 2021
Graduate Medical Education (GME)
Median
0
--
0
--
0
--
0
--
0
--
Disproportionate-share hospital (DSH)
Median
0
--
0
--
0
--
0
--
0
--
Outlier
Median
668,107
695,093
1,376,506
588,818
530,385
597,565
738,915
664,226
996,401
603,099

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
9,432,083
6,594,633
9,618,476
6,845,890
5,535,351
7,032,051
9,867,257
7,482,888
10,445,370
8,182,213
Salaries as a % of operating expenses
Median
45.65
41.02
44.11
41.94
42.97
42.05
43.17
42.05
42.85
41.85
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
2,219,370
0
1,630,756
0
1,413,636
0
1,782,502
0
2,478,276
Contract hours, direct-care
Median
0.00
33,384.5
0.00
25,381.5
0.00
23,190
0.00
27,043.5
0.00
28,018.42
Contract wages, direct-care
Median
0.00
63.14
0.00
62.56
0.00
64.25
0.00
68.74
0.00
87.33

* 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.