As of the July, 2022, release via CMS
PALMETTO LOW COUNTRY BHD
- CMS id: 424006
- 2777 SPEISSEGER DRIVE, CHARLESTON SC 29405. County: CHARLESTON
- System: UNIVERSAL HEALTH SERVICES INC
- CBSA: Charleston-North Charleston, SC
The 108-bed, psychiatric hospital had $-558,658 in net service to patients*, with a total profit margin of -4.07147% 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 |
108 83 |
108 84 |
108 84 |
108 85 |
108 88 |
| Total beds Median |
108 96 |
108 96.5 |
108 96 |
108 96 |
108 100 |
| FTEs Median |
145.21 204.44 |
145.21 205.2 |
164.40 206.46 |
151.99 199.56 |
134.30 208.47 |
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 |
16,107,617 19,094,228 |
16,311,972 20,093,478 |
16,354,453 19,114,759 |
14,548,355 19,054,171 |
12,706,772 19,976,728 |
| Operating expenses Median |
14,579,767 22,368,136 |
15,451,377 22,538,274 |
15,310,557 22,655,883 |
13,585,944 22,467,732 |
13,265,430 24,450,962 |
| Net income from service 2 patients (NS2P) ? Median |
1,527,850 -538,630 |
860,595 -644,522 |
1,043,896 -819,986.5 |
962,411 -1,004,176 |
-558,658 -1,218,079 |
| NS2P margin ? Median |
9.49% 0.79 |
5.28% 0.82 |
6.38% -0.22 |
6.62% -1.48 |
-4.40% -1.2 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for PALMETTO LOW COUNTRY BHD 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 |
21,175 166,725 |
16,885 126,511 |
15,068 134,364.5 |
399,590 776,618 |
39,690 580,680 |
| Total income ? Median |
1,549,025 578,359 |
877,480 348,012 |
1,058,964 178,732 |
1,362,001 492,827 |
-518,968 422,509 |
| Non-operating expenses Median |
0 122,784 |
0 624,616.5 |
0 319.5 |
0 259,907 |
0 833.5 |
| Net income Median |
1,549,025 517,528.5 |
877,480 164,060.5 |
1,058,964 115,032 |
1,362,001 398,047 |
-518,968 410,908 |
| Net margin Median |
9.60410% 5.4% |
5.37380% 4.03% |
6.46912% 4.12% |
9.11163% 5.46% |
-4.07147% 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 PALMETTO LOW COUNTRY BHD 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 |
3,599,554 2,436,300 |
3,402,371 2,301,272 |
3,425,632 2,153,673 |
2,510,377 1,781,018 |
1,030,967 1,472,860 |
| All outpatient revenue Median Click here to show/hide details |
57,178 219,092 |
20,135 204,721 |
28,138 180,741 |
62,790 138,813 |
50,903 122,013 |
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 |
8,087,905 11,335,590 |
8,596,184 11,783,703 |
9,071,430 12,149,513 |
8,447,749 12,312,807 |
7,627,319 13,307,259 |
| Salaries as a % of operating expenses Median |
51.55 50.99 |
51.97 51.26 |
52.44 50.77 |
50.14 50.92 |
46.69 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.