As of the July, 2022, release via CMS
PARK ROYAL HOSPITAL
- CMS id: 104074
- 9241 PARK ROYAL DRIVE, FORT MYERS FL 33908. County: LEE
- System: ACADIA HEALTHCARE
- CBSA: Cape Coral-Fort Myers, FL
The 114-bed, psychiatric hospital had $10,725,737 in net service to patients*, with a total profit margin of 30.42870% 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 psychiatric 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 |
103 83 |
103 84 |
103 84 |
103 85 |
114 88 |
| Total beds Median |
103 96 |
103 96.5 |
103 96 |
103 96 |
114 100 |
| FTEs Median |
195.63 204.44 |
178.18 205.2 |
187.07 206.46 |
195.95 199.56 |
199.82 208.47 |
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 |
22,751,650 19,094,228 |
21,628,201 20,093,478 |
20,076,817 19,114,759 |
27,536,573 19,054,171 |
35,277,641 19,976,728 |
| Operating expenses Median |
25,244,777 22,368,136 |
25,390,449 22,538,274 |
20,460,846 22,655,883 |
22,505,045 22,467,732 |
24,551,904 24,450,962 |
| Net income from service 2 patients (NS2P) ? Median |
-2,493,127 -538,630 |
-3,762,248 -644,522 |
-384,029 -819,986.5 |
5,031,528 -1,004,176 |
10,725,737 -1,218,079 |
| NS2P margin ? Median |
-10.96% 0.79 |
-17.40% 0.82 |
-1.91% -0.22 |
18.27% -1.48 |
30.40% -1.2 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for PARK ROYAL HOSPITAL compared to all** psychiatric 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 psychiatric hospitals available to calculate medians:
| 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| 449 | 452 | 462 | 475 | 440 |
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Other income* Median Click here to show/hide details |
2,053,855 166,725 |
408,513 126,511 |
609,830 134,364.5 |
631,889 776,618 |
12,637 580,680 |
| Total income ? Median |
-439,272 578,359 |
-3,353,735 348,012 |
225,801 178,732 |
5,663,417 492,827 |
10,738,374 422,509 |
| Non-operating expenses Median |
0 122,784 |
0 624,616.5 |
0 319.5 |
620,025 259,907 |
0 833.5 |
| Net income Median |
-439,272 517,528.5 |
-3,353,735 164,060.5 |
225,801 115,032 |
5,043,392 398,047 |
10,738,374 410,908 |
| Net margin Median |
-1.77086% 5.4% |
-15.21885% 4.03% |
1.09153% 4.12% |
17.90439% 5.46% |
30.42870% 6.71% |
* 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 PARK ROYAL HOSPITAL compared to all** psychiatric hospitals, from CMS cost reports.Note: Psychiatric hospitals have a wider range of total margins than other hospital types. This is partially due to the number of government-run psychiatric facilities
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 psychiatric hospitals available to calculate medians:
| 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| 449 | 452 | 462 | 475 | 440 |
Medicare revenue
Inpatient and outpatient revenue
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| All inpatient revenue Median Click here to show/hide details |
10,819,308 2,436,300 |
8,834,778 2,301,272 |
9,239,930 2,153,673 |
9,255,784 1,781,018 |
8,343,323 1,472,860 |
| All outpatient revenue Median Click here to show/hide details |
528,538 219,092 |
289,952 204,721 |
372,959 180,741 |
206,652 138,813 |
235,260 122,013 |
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 |
0 27,233 |
0 24,592 |
0 20,418 |
0 31,943 |
0 17,524.5 |
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 |
9,048,966 11,335,590 |
8,746,892 11,783,703 |
9,200,237 12,149,513 |
10,465,543 12,312,807 |
11,453,936 13,307,259 |
| Salaries as a % of operating expenses Median |
35.84 50.99 |
34.45 51.26 |
44.97 50.77 |
46.50 50.92 |
46.65 50.8 |
| 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 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| Contract hours, direct-care Median |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
| Contract wages, direct-care Median |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
* 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
- 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.