As of the July, 2022, release via CMS


NEXUS SPECIALTY HOSPITAL



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.


Details

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

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
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.
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
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.
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
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

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
972,893
695,093
948,513
588,818
2,291,010
597,565
730,462
664,226
917,762
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
9,704,319
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


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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.