As of the July, 2022, release via CMS
The 12-bed, psychiatric hospital had $-31,399,667 in net service to patients*, with a total profit margin of 2.93845% in fiscal year 2020, 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 | 365 | 365 | 365 | 366 | -- |
Ownership |
nfp | nfp | nfp | nfp | -- |
Acute beds Median |
16 83 |
16 84 |
16 84 |
12 85 |
-- 88 |
Total beds Median |
16 96 |
16 96.5 |
16 96 |
12 96 |
-- 100 |
FTEs Median |
891.07 204.44 |
897.49 205.2 |
932.56 206.46 |
923.79 199.56 |
-- 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 |
58,140,699 19,094,228 |
68,782,742 20,093,478 |
72,920,582 19,114,759 |
59,504,877 19,054,171 |
-- 19,976,728 |
Operating expenses Median |
73,743,099 22,368,136 |
79,029,142 22,538,274 |
86,600,146 22,655,883 |
90,904,544 22,467,732 |
-- 24,450,962 |
Net income from service 2 patients (NS2P) ? Median |
-15,602,400 -538,630 |
-10,246,400 -644,522 |
-13,679,564 -819,986.5 |
-31,399,667 -1,004,176 |
-- -1,218,079 |
NS2P margin ? Median |
-26.84% 0.79 |
-14.90% 0.82 |
-18.76% -0.22 |
-52.77% -1.48 |
--% -1.2 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for MERIDIAN HEALTH SERVICES CORP. 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 |
18,599,187 166,725 |
25,832,612 126,511 |
31,394,060 134,364.5 |
34,151,725 776,618 |
-- 580,680 |
Total income ? Median |
2,996,787 578,359 |
15,586,212 348,012 |
17,714,496 178,732 |
2,752,058 492,827 |
-- 422,509 |
Non-operating expenses Median |
98,945 122,784 |
12,463,165 624,616.5 |
12,192,731 319.5 |
1 259,907 |
-- 833.5 |
Net income Median |
2,897,842 517,528.5 |
3,123,047 164,060.5 |
5,521,765 115,032 |
2,752,057 398,047 |
-- 410,908 |
Net margin Median |
3.77619% 5.4% |
3.30078% 4.03% |
5.29337% 4.12% |
2.93845% 5.46% |
--% 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 MERIDIAN HEALTH SERVICES CORP. 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 |
1,808,024 2,436,300 |
1,477,113 2,301,272 |
1,668,044 2,153,673 |
1,019,188 1,781,018 |
-- 1,472,860 |
All outpatient revenue Median Click here to show/hide details |
306,380 219,092 |
85,302 204,721 |
50,712 180,741 |
18,005 138,813 |
-- 122,013 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Graduate Medical Education (GME) Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
Disproportionate-share hospital (DSH) Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
Outlier Median |
1,956 27,233 |
456 24,592 |
1,393 20,418 |
17,168 31,943 |
-- 17,524.5 |
Item | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Medicaid shortfall Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
Charity care Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
Uncompensated care (UCC) Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
UCC as a % of operating expenses Median |
0.00% 0 |
0.00% 0 |
0.00% 0 |
0.00% 0 |
--% 0 |
Total shortfall/UCC Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Total salaries Median |
38,952,071 11,335,590 |
40,986,943 11,783,703 |
44,084,377 12,149,513 |
49,835,340 12,312,807 |
-- 13,307,259 |
Salaries as a % of operating expenses Median |
52.82 50.99 |
51.86 51.26 |
50.91 50.77 |
54.82 50.92 |
-- 50.8 |
Intern, resident salaries* Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
Contract intern, resident salaries* Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
Contract adjusted salaries, direct-care Median |
0 -- |
0 -- |
0 -- |
0 -- |
-- -- |
Contract hours, direct-care Median |
0.00 -- |
0.00 -- |
0.00 -- |
0.00 -- |
-- -- |
Contract wages, direct-care Median |
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.