As of the July, 2022, release via CMS
The 31-bed, long-term hospital had $767,836 in net service to patients*, with a total profit margin of 5.58850% in fiscal year 2020, 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.
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
# of days in fyear | 365 | 365 | 365 | 366 | -- |
Ownership |
forprofit | forprofit | forprofit | forprofit | -- |
Acute beds Median |
31 44 |
31 45 |
31 46.5 |
31 45 |
-- 45 |
Total beds Median |
31 47 |
31 48 |
31 48 |
31 49 |
-- 49 |
FTEs Median |
67.32 103.98 |
64.39 108.8 |
68.55 107.68 |
68.74 108.27 |
-- 111.58 |
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 |
11,086,538 15,922,304 |
11,990,125 17,137,722 |
11,548,120 17,270,018 |
11,927,035 18,501,558 |
-- 20,363,991 |
Operating expenses Median |
10,333,635 16,699,110 |
10,869,836 17,149,459 |
11,207,124 17,741,870 |
11,159,199 17,467,608 |
-- 19,803,177 |
Net income from service 2 patients (NS2P) ? Median |
752,903 -265,919 |
1,120,289 75,645.5 |
340,996 80,328 |
767,836 670,921 |
-- 1,115,138 |
NS2P margin ? Median |
6.79% -1.5 |
9.34% 0.72 |
2.95% 1.45 |
6.44% 4.42 |
--% 5.66 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for GLS - MUSKEGON compared to all** long-term hospitals, from CMS cost reports.* 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 |
102,548 72,020.5 |
420,876 72,701 |
229,296 71,539 |
535,850 281,596 |
-- 547,957 |
Total income ? Median |
855,451 80,111 |
1,541,165 382,412.5 |
570,292 499,629 |
1,303,686 1,334,999 |
-- 2,049,459 |
Non-operating expenses Median |
904,767 644,657 |
-272,199 385,584 |
650,618 506,122.5 |
607,198 581,714 |
-- 586,009 |
Net income Median |
-49,316 -21,319 |
1,813,364 112,320 |
-80,326 237,850 |
696,488 903,115.5 |
-- 1,754,915 |
Net margin Median |
-0.44075% 0.05% |
14.61094% 1.36% |
-0.68203% 1.81% |
5.58850% 5.61% |
--% 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 GLS - MUSKEGON compared to all** long-term hospitals, from CMS cost reports.* 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 |
Inpatient and outpatient revenue
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
All inpatient revenue Median Click here to show/hide details |
5,560,623 9,206,255 |
6,074,295 9,071,514 |
5,021,186 9,188,446 |
5,262,955 9,026,156 |
-- 8,843,005 |
All outpatient revenue Median Click here to show/hide details |
0 17,364 |
4,286 20,498 |
1,272 18,751 |
2,911 22,247 |
-- 28,094.5 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Graduate Medical Education (GME) Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
Disproportionate-share hospital (DSH) Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
Outlier Median |
727,110 695,093 |
264,049 588,818 |
339,799 597,565 |
416,805 664,226 |
-- 603,099 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Medicaid shortfall Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
Charity care Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
Uncompensated care (UCC) Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
UCC as a % of operating expenses Median |
0.00% 0 |
0.00% 0 |
0.00% 0 |
0.00% 0 |
--% 0 |
Total shortfall/UCC Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Total salaries Median |
4,564,567 6,594,633 |
4,595,062 6,845,890 |
4,905,253 7,032,051 |
4,921,651 7,482,888 |
-- 8,182,213 |
Salaries as a % of operating expenses Median |
43.72 41.02 |
42.27 41.94 |
43.77 42.05 |
44.28 42.05 |
-- 41.85 |
Intern, resident salaries* Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
Contract intern, resident salaries* Median |
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 |
-- 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 |
-- 28,018.42 |
Contract wages, direct-care Median |
0.00 63.14 |
0.00 62.56 |
0.00 64.25 |
0.00 68.74 |
-- 87.33 |
* 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
Web app by Tim Broderick | email.