As of the July, 2022, release via CMS
CHERRY HOSPITAL
- CMS id: 344026
- 1401 WEST ASH STREET, GOLDSBORO NC 27530. County: WAYNE
- System: NC DEPT OF HEALTH & HUMAN SERV
- CBSA: Goldsboro, NC
The 314-bed, psychiatric hospital had $-53,170,543 in net service to patients*, with a total profit margin of -17.34748% 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 |
gov | gov | gov | gov | gov |
| Acute beds Median |
226 83 |
243 84 |
253 84 |
259 85 |
314 88 |
| Total beds Median |
226 96 |
243 96.5 |
253 96 |
259 96 |
314 100 |
| FTEs Median |
1,044.00 204.44 |
1,089.00 205.2 |
1,146.00 206.46 |
1,156.00 199.56 |
1,139.00 208.47 |
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 |
7,094,536 19,094,228 |
6,989,058 20,093,478 |
7,199,729 19,114,759 |
7,115,246 19,054,171 |
5,673,125 19,976,728 |
| Operating expenses Median |
32,927,711 22,368,136 |
46,353,375 22,538,274 |
46,246,895 22,655,883 |
51,844,036 22,467,732 |
58,843,668 24,450,962 |
| Net income from service 2 patients (NS2P) ? Median |
-25,833,175 -538,630 |
-39,364,317 -644,522 |
-39,047,166 -819,986.5 |
-44,728,790 -1,004,176 |
-53,170,543 -1,218,079 |
| NS2P margin ? Median |
-364.13% 0.79 |
-563.23% 0.82 |
-542.34% -0.22 |
-628.63% -1.48 |
-937.24% -1.2 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for CHERRY 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 |
864,218 166,725 |
1,248,478 126,511 |
574,271 134,364.5 |
92,786,025 776,618 |
93,224,008 580,680 |
| Total income ? Median |
-24,968,957 578,359 |
-38,115,839 348,012 |
-38,472,895 178,732 |
48,057,235 492,827 |
40,053,465 422,509 |
| Non-operating expenses Median |
53,545,072 122,784 |
47,109,355 624,616.5 |
56,871,716 319.5 |
59,516,796 259,907 |
57,209,627 833.5 |
| Net income Median |
-78,514,029 517,528.5 |
-85,225,194 164,060.5 |
-95,344,611 115,032 |
-11,459,561 398,047 |
-17,156,162 410,908 |
| Net margin Median |
-986.51157% 5.4% |
-1,034.59571% 4.03% |
-1,226.45499% 4.12% |
-11.47089% 5.46% |
-17.34748% 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 CHERRY 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 |
4,367,246 2,436,300 |
6,139,615 2,301,272 |
5,107,234 2,153,673 |
3,585,280 1,781,018 |
4,137,592 1,472,860 |
| All outpatient revenue Median Click here to show/hide details |
370,984 219,092 |
785,181 204,721 |
783,474 180,741 |
585,962 138,813 |
709,379 122,013 |
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 |
1,036,364 27,233 |
1,545,863 24,592 |
602,719 20,418 |
609,543 31,943 |
1,013,241 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 |
-307,226 -- |
0 -- |
0 -- |
0 -- |
0 -- |
| UCC as a % of operating expenses Median |
-0.93% 0 |
0.00% 0 |
0.00% 0 |
0.00% 0 |
0.00% 0 |
| Total shortfall/UCC Median |
-307,226 -- |
0 -- |
0 -- |
0 -- |
0 -- |
Labor costs
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Total salaries Median |
56,115,056 11,335,590 |
59,813,525 11,783,703 |
65,414,904 12,149,513 |
69,349,713 12,312,807 |
77,869,929 13,307,259 |
| Salaries as a % of operating expenses Median |
38.69 50.99 |
40.20 51.26 |
38.73 50.77 |
38.79 50.92 |
42.00 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.