As of the July, 2022, release via CMS
LAKESIDE HOSPITAL
- CMS id: 444004
- 2911 BRUNSWICK RD, MEMPHIS TN 38133. County: SHELBY
- System: UNIVERSAL HEALTH SERVICES INC
- CBSA: Memphis, TN-MS-AR
The 315-bed, psychiatric hospital had $8,410,871 in net service to patients*, with a total profit margin of 13.97750% 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 |
287 83 |
287 84 |
298 84 |
315 85 |
315 88 |
| Total beds Median |
337 96 |
337 96.5 |
348 96 |
365 96 |
315 100 |
| FTEs Median |
429.59 204.44 |
482.88 205.2 |
495.80 206.46 |
474.93 199.56 |
474.93 208.47 |
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 |
69,574,945 19,094,228 |
73,787,074 20,093,478 |
74,303,500 19,114,759 |
67,909,739 19,054,171 |
64,766,411 19,976,728 |
| Operating expenses Median |
50,720,527 22,368,136 |
54,685,196 22,538,274 |
56,673,830 22,655,883 |
55,677,316 22,467,732 |
56,355,540 24,450,962 |
| Net income from service 2 patients (NS2P) ? Median |
18,854,418 -538,630 |
19,101,878 -644,522 |
17,629,670 -819,986.5 |
12,232,423 -1,004,176 |
8,410,871 -1,218,079 |
| NS2P margin ? Median |
27.10% 0.79 |
25.89% 0.82 |
23.73% -0.22 |
18.01% -1.48 |
12.99% -1.2 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for LAKESIDE 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 |
780,766 166,725 |
772,445 126,511 |
809,394 134,364.5 |
2,601,216 776,618 |
746,149 580,680 |
| Total income ? Median |
19,635,184 578,359 |
19,874,323 348,012 |
18,439,064 178,732 |
14,833,639 492,827 |
9,157,020 422,509 |
| Non-operating expenses Median |
0 122,784 |
0 624,616.5 |
0 319.5 |
0 259,907 |
0 833.5 |
| Net income Median |
19,635,184 517,528.5 |
19,874,323 164,060.5 |
18,439,064 115,032 |
14,833,639 398,047 |
9,157,020 410,908 |
| Net margin Median |
27.90844% 5.4% |
26.65565% 4.03% |
24.54847% 4.12% |
21.03735% 5.46% |
13.97750% 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 LAKESIDE 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 |
16,102,773 2,436,300 |
15,437,433 2,301,272 |
16,298,614 2,153,673 |
11,700,356 1,781,018 |
8,223,626 1,472,860 |
| All outpatient revenue Median Click here to show/hide details |
491,999 219,092 |
446,364 204,721 |
423,026 180,741 |
305,258 138,813 |
331,069 122,013 |
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 |
22,848,834 11,335,590 |
24,218,135 11,783,703 |
25,496,663 12,149,513 |
25,384,298 12,312,807 |
25,534,069 13,307,259 |
| Salaries as a % of operating expenses Median |
45.05 50.99 |
44.29 51.26 |
44.90 50.77 |
45.37 50.92 |
45.41 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.