As of the July, 2022, release via CMS
The 188-bed, psychiatric hospital had $7,778,985 in net service to patients*, with a total profit margin of 15.04807% 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.
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
# of days in fyear | 361 | 365 | 365 | 366 | 365 |
Ownership |
forprofit | forprofit | forprofit | forprofit | forprofit |
Acute beds Median |
148 83 |
188 84 |
188 84 |
188 85 |
188 88 |
Total beds Median |
148 96 |
188 96.5 |
188 96 |
188 96 |
188 100 |
FTEs Median |
383.30 204.44 |
383.30 205.2 |
295.60 206.46 |
266.50 199.56 |
281.10 208.47 |
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 |
41,064,291 19,094,228 |
44,464,557 20,093,478 |
40,272,514 19,114,759 |
35,917,748 19,054,171 |
38,826,995 19,976,728 |
Operating expenses Median |
29,123,522 22,368,136 |
31,280,794 22,538,274 |
32,196,247 22,655,883 |
28,402,412 22,467,732 |
31,048,010 24,450,962 |
Net income from service 2 patients (NS2P) ? Median |
11,940,769 -538,630 |
13,183,763 -644,522 |
8,076,267 -819,986.5 |
7,515,336 -1,004,176 |
7,778,985 -1,218,079 |
NS2P margin ? Median |
29.08% 0.79 |
29.65% 0.82 |
20.05% -0.22 |
20.92% -1.48 |
20.03% -1.2 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for RIDGEVIEW INSTITUTE SMYRNA compared to all** psychiatric 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 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 |
-1,412,578 166,725 |
82,220 126,511 |
269,161 134,364.5 |
652,554 776,618 |
40,241 580,680 |
Total income ? Median |
10,528,191 578,359 |
13,265,983 348,012 |
8,345,428 178,732 |
8,167,890 492,827 |
7,819,226 422,509 |
Non-operating expenses Median |
3,276,391 122,784 |
7,959,411 624,616.5 |
1,415,986 319.5 |
1,281,750 259,907 |
1,970,457 833.5 |
Net income Median |
7,251,800 517,528.5 |
5,306,572 164,060.5 |
6,929,442 115,032 |
6,886,140 398,047 |
5,848,769 410,908 |
Net margin Median |
18.28874% 5.4% |
11.91236% 4.03% |
17.09215% 4.12% |
18.82987% 5.46% |
15.04807% 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 RIDGEVIEW INSTITUTE SMYRNA compared to all** psychiatric 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 psychiatric hospitals available to calculate medians:
2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
449 | 452 | 462 | 475 | 440 |
Inpatient and outpatient revenue
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
All inpatient revenue Median Click here to show/hide details |
4,975,355 2,436,300 |
6,190,338 2,301,272 |
6,759,521 2,153,673 |
5,254,979 1,781,018 |
4,994,219 1,472,860 |
All outpatient revenue Median Click here to show/hide details |
124,297 219,092 |
4,197 204,721 |
627 180,741 |
3,809 138,813 |
0 122,013 |
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 |
19,710 27,233 |
96,423 24,592 |
0 20,418 |
0 31,943 |
0 17,524.5 |
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 |
16,187,351 11,335,590 |
16,049,345 11,783,703 |
15,520,752 12,149,513 |
14,462,383 12,312,807 |
15,451,820 13,307,259 |
Salaries as a % of operating expenses Median |
55.58 50.99 |
51.31 51.26 |
48.21 50.77 |
50.92 50.92 |
49.77 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
Web app by Tim Broderick | email.