As of the July, 2022, release via CMS
The 75-bed, long-term hospital had $-194,217 in net service to patients*, with a total profit margin of -0.04137% 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.
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
# of days in fyear | 365 | 365 | 365 | 366 | 365 |
Ownership |
forprofit | forprofit | forprofit | forprofit | forprofit |
Acute beds Median |
69 44 |
69 45 |
69 46.5 |
69 45 |
42 45 |
Total beds Median |
85 47 |
85 48 |
85 48 |
85 49 |
75 49 |
FTEs Median |
164.58 103.98 |
137.27 108.8 |
170.49 107.68 |
191.84 108.27 |
190.48 111.58 |
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 |
20,213,517 15,922,304 |
18,406,775 17,137,722 |
21,867,622 17,270,018 |
23,650,392 18,501,558 |
27,604,774 20,363,991 |
Operating expenses Median |
24,867,164 16,699,110 |
21,851,248 17,149,459 |
23,493,259 17,741,870 |
23,998,185 17,467,608 |
27,798,991 19,803,177 |
Net income from service 2 patients (NS2P) ? Median |
-4,653,647 -265,919 |
-3,444,473 75,645.5 |
-1,625,637 80,328 |
-347,793 670,921 |
-194,217 1,115,138 |
NS2P margin ? Median |
-23.02% -1.5 |
-18.71% 0.72 |
-7.43% 1.45 |
-1.47% 4.42 |
-0.70% 5.66 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for NEXUS SPECIALTY HOSPITAL 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 |
38,425 72,020.5 |
-31,441 72,701 |
64,365 71,539 |
628,723 281,596 |
182,721 547,957 |
Total income ? Median |
-4,615,222 80,111 |
-3,475,914 382,412.5 |
-1,561,272 499,629 |
280,930 1,334,999 |
-11,496 2,049,459 |
Non-operating expenses Median |
-206 644,657 |
76,677 385,584 |
0 506,122.5 |
-40,532 581,714 |
0 586,009 |
Net income Median |
-4,615,016 -21,319 |
-3,552,591 112,320 |
-1,561,272 237,850 |
321,462 903,115.5 |
-11,496 1,754,915 |
Net margin Median |
-22.78802% 0.05% |
-19.33348% 1.36% |
-7.11870% 1.81% |
1.32403% 5.61% |
-0.04137% 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 NEXUS SPECIALTY HOSPITAL 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 |
9,317,873 9,206,255 |
7,981,199 9,071,514 |
9,683,956 9,188,446 |
8,551,799 9,026,156 |
10,265,862 8,843,005 |
All outpatient revenue Median Click here to show/hide details |
2,180 17,364 |
1,341 20,498 |
3,349 18,751 |
7,009 22,247 |
8,664 28,094.5 |
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 |
972,893 695,093 |
948,513 588,818 |
2,291,010 597,565 |
730,462 664,226 |
917,762 603,099 |
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 -- |
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Total salaries Median |
9,704,319 6,594,633 |
8,081,179 6,845,890 |
9,177,534 7,032,051 |
9,680,902 7,482,888 |
10,477,860 8,182,213 |
Salaries as a % of operating expenses Median |
39.02 41.02 |
36.98 41.94 |
39.06 42.05 |
40.34 42.05 |
37.69 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
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
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