As of the July, 2022, release via CMS

KINDRED HOSPITAL TARRANT COUNTY

CMS id: 452028
1000 NORTH COOPER STREET, ARLINGTON TX 76011. County: TARRANT
System: KINDRED HEALTHCARE OPERATING LLC
CBSA: Dallas-Fort Worth-Arlington, TX

The 160-bed, long-term hospital had $297,289 in net service to patients*, with a total profit margin of 0.73791% 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	365	366	365
Ownership	forprofit	forprofit	forprofit	forprofit	forprofit
Acute beds Median	144 44	144 45	144 46.5	144 45	144 45
Total beds Median	160 47	160 48	160 48	160 49	160 49
FTEs Median	352.50 103.98	342.80 108.8	313.80 107.68	341.60 108.27	371.10 111.58

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

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	59,801,236 15,922,304	57,946,731 17,137,722	48,638,963 17,270,018	55,452,027 18,501,558	62,510,451 20,363,991
Operating expenses Median	55,652,313 16,699,110	54,447,072 17,149,459	49,420,834 17,741,870	53,295,920 17,467,608	62,213,162 19,803,177
Net income from service 2 patients (NS2P) ? Median	4,148,923 -265,919	3,499,659 75,645.5	-781,871 80,328	2,156,107 670,921	297,289 1,115,138
NS2P margin ? Median	6.94% -1.5	6.04% 0.72	-1.61% 1.45	3.89% 4.42	0.48% 5.66

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for KINDRED HOSPITAL TARRANT COUNTY 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	84,404 72,020.5	191,317 72,701	172,248 71,539	624,333 281,596	165,199 547,957
⊳ Line 6: Contributions ? ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Line 7: Investments ? ⊳ Median	0 3,774	0 4,812	0 4,731	0 3,610.5	-15 4,748
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	9,160	9,889	5,738	5,030	4,853
⊳ 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	54,756	53,954	46,375	37,527	43,443
⊳ 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	642	35	2,260	1,511	2,245
⊳ 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	1,497	2,008	934	1,445	1,113
⊳ Line 22: Rental of hospital space	914	1,933	0	0	0
⊳ Line 23: Gov appropriations ? ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Sum Line 24	17,435	123,498	116,941	578,820	113,560
Total income ? Median	4,233,327 80,111	3,690,976 382,412.5	-609,623 499,629	2,780,440 1,334,999	462,488 2,049,459
Non-operating expenses Median	0 644,657	0 385,584	0 506,122.5	0 581,714	0 586,009
Net income Median	4,233,327 -21,319	3,690,976 112,320	-609,623 237,850	2,780,440 903,115.5	462,488 1,754,915
Net margin Median	7.06902% 0.05%	6.34864% 1.36%	-1.24894% 1.81%	4.95831% 5.61%	0.73791% 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 KINDRED HOSPITAL TARRANT COUNTY compared to all** long-term hospitals, from CMS cost reports.
The chart below is interactive: click or touch to see more.

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	37,861,395 9,206,255	32,534,985 9,071,514	25,066,018 9,188,446	22,034,035 9,026,156	21,450,612 8,843,005
"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	0 --	0 --	0 --	0 --	0 --
⊳ 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 --	0 --	0 --	0 --	0 --
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Long-term care hospital (LTCH) ⊳ Median	37,861,395 9,134,055	32,534,985 8,844,359	25,066,018 9,143,124	22,034,035 8,867,452	21,450,612 8,762,631
⊳ Critical-access hospitals ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Skilled-nursing facilities (SNF) ⊳ Median	0 --	0 --	0 --	0 --	0 --
All outpatient revenue Median Click here to show/hide details	804,158 17,364	819,844 20,498	558,254 18,751	341,257 22,247	339,985 28,094.5
"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	804,158 16,964	819,844 19,915.5	558,254 18,019	341,257 21,792	339,985 25,637
⊳ Home Health agencies (HHA) ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Community mental health clinics (CMHC) ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Rural health clinics ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ 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 --	0 --	0 --	0 --	0 --
Disproportionate-share hospital (DSH) Median	0 --	0 --	0 --	0 --	0 --
Outlier Median	1,933,305 695,093	1,410,900 588,818	1,198,154 597,565	1,231,582 664,226	1,782,043 603,099

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	22,500,726 6,594,633	22,654,388 6,845,890	21,107,172 7,032,051	23,660,453 7,482,888	28,196,082 8,182,213
Salaries as a % of operating expenses Median	40.43 41.02	41.61 41.94	42.71 42.05	44.39 42.05	45.32 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	4,467,357 2,219,370	2,952,576 1,630,756	1,837,830 1,413,636	1,980,536 1,782,502	2,284,673 2,478,276
Contract hours, direct-care Median	58,617.00 33,384.5	45,373.00 25,381.5	29,718.00 23,190	28,840.00 27,043.5	32,228.00 28,018.42
Contract wages, direct-care Median	76.21 63.14	65.07 62.56	61.84 64.25	68.67 68.74	70.89 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.