As of the July, 2022, release via CMS
PARKWOOD HOSPITAL
- CMS id: 254005
- 8135 GOODMAN ROAD, OLIVE BRANCH MS 38654. County: DESOTO
- System: UNIVERSAL HEALTH SERVIICES
- CBSA: Memphis, TN-MS-AR
The 148-bed, psychiatric hospital had $2,149,951 in net service to patients*, with a total profit margin of 10.14817% in fiscal year 2021, the latest year available.
It spent 4.53% 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 |
108 83 |
108 84 |
108 84 |
108 85 |
108 88 |
| Total beds Median |
148 96 |
148 96.5 |
148 96 |
148 96 |
148 100 |
| FTEs Median |
199.20 204.44 |
199.20 205.2 |
206.23 206.46 |
196.16 199.56 |
195.44 208.47 |
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 |
26,458,135 19,094,228 |
24,728,476 20,093,478 |
23,561,715 19,114,759 |
25,725,214 19,054,171 |
25,304,674 19,976,728 |
| Operating expenses Median |
19,755,945 22,368,136 |
19,744,881 22,538,274 |
20,840,779 22,655,883 |
22,662,269 22,467,732 |
23,154,723 24,450,962 |
| Net income from service 2 patients (NS2P) ? Median |
6,702,190 -538,630 |
4,983,595 -644,522 |
2,720,936 -819,986.5 |
3,062,945 -1,004,176 |
2,149,951 -1,218,079 |
| NS2P margin ? Median |
25.33% 0.79 |
20.15% 0.82 |
11.55% -0.22 |
11.91% -1.48 |
8.50% -1.2 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for PARKWOOD 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 |
99,495 166,725 |
52,095 126,511 |
52,912 134,364.5 |
881,702 776,618 |
465,222 580,680 |
| Total income ? Median |
6,801,685 578,359 |
5,035,690 348,012 |
2,773,848 178,732 |
3,944,647 492,827 |
2,615,173 422,509 |
| Non-operating expenses Median |
1,680,574 122,784 |
1,382,474 624,616.5 |
0 319.5 |
0 259,907 |
0 833.5 |
| Net income Median |
5,121,111 517,528.5 |
3,653,216 164,060.5 |
2,773,848 115,032 |
3,944,647 398,047 |
2,615,173 410,908 |
| Net margin Median |
19.28301% 5.4% |
14.74226% 4.03% |
11.74631% 4.12% |
14.82565% 5.46% |
10.14817% 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 PARKWOOD 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 |
4,770,819 2,436,300 |
4,658,619 2,301,272 |
4,674,035 2,153,673 |
3,854,255 1,781,018 |
3,607,027 1,472,860 |
| All outpatient revenue Median Click here to show/hide details |
43,606 219,092 |
44,403 204,721 |
41,144 180,741 |
24,858 138,813 |
16,944 122,013 |
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 -- |
902,967 -- |
759,528 -- |
696,708 -- |
789,638 -- |
| Uncompensated care (UCC) Median |
0 -- |
1,247,293 -- |
1,112,272 -- |
982,780 -- |
1,049,543 -- |
| UCC as a % of operating expenses Median |
0.00% 0 |
6.32% 0 |
5.34% 0 |
4.34% 0 |
4.53% 0 |
| Total shortfall/UCC Median |
0 -- |
1,247,293 -- |
1,112,272 -- |
982,780 -- |
1,049,543 -- |
Labor costs
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Total salaries Median |
10,141,709 11,335,590 |
9,845,898 11,783,703 |
10,503,714 12,149,513 |
10,181,379 12,312,807 |
11,235,402 13,307,259 |
| Salaries as a % of operating expenses Median |
51.33 50.99 |
49.87 51.26 |
48.24 50.77 |
48.87 50.92 |
51.11 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.