As of the July, 2022, release via CMS
VIRGINIA BEACH PSYCHIATRIC CENTER
- CMS id: 494025
- 1100 FIRST COLONIAL ROAD, VIRGINIA BEACH VA 23454. County: VIRGINIA BEACH
- System: UNIVERSAL HEALTH SERVICES
- CBSA: Virginia Beach-Norfolk-Newport News, VA-NC
The 100-bed, psychiatric hospital had $-327,037 in net service to patients*, with a total profit margin of -1.72584% 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 |
100 83 |
100 84 |
100 84 |
100 85 |
100 88 |
| Total beds Median |
100 96 |
100 96.5 |
100 96 |
100 96 |
100 100 |
| FTEs Median |
172.20 204.44 |
167.98 205.2 |
171.96 206.46 |
149.36 199.56 |
162.50 208.47 |
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 |
21,625,376 19,094,228 |
22,436,903 20,093,478 |
21,016,957 19,114,759 |
17,301,077 19,054,171 |
17,387,682 19,976,728 |
| Operating expenses Median |
18,102,483 22,368,136 |
17,535,398 22,538,274 |
19,192,713 22,655,883 |
17,286,804 22,467,732 |
17,714,719 24,450,962 |
| Net income from service 2 patients (NS2P) ? Median |
3,522,893 -538,630 |
4,901,505 -644,522 |
1,824,244 -819,986.5 |
14,273 -1,004,176 |
-327,037 -1,218,079 |
| NS2P margin ? Median |
16.29% 0.79 |
21.85% 0.82 |
8.68% -0.22 |
0.08% -1.48 |
-1.88% -1.2 |
Range* of Net Service to Patient (NS2P) margins
= NS2P margin for VIRGINIA BEACH PSYCHIATRIC CENTER 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 |
-1,235 166,725 |
17,744 126,511 |
23,985 134,364.5 |
645,789 776,618 |
26,497 580,680 |
| Total income ? Median |
3,521,658 578,359 |
4,919,249 348,012 |
1,848,229 178,732 |
660,062 492,827 |
-300,540 422,509 |
| Non-operating expenses Median |
0 122,784 |
1,262,677 624,616.5 |
0 319.5 |
0 259,907 |
0 833.5 |
| Net income Median |
3,521,658 517,528.5 |
3,656,572 164,060.5 |
1,848,229 115,032 |
660,062 398,047 |
-300,540 410,908 |
| Net margin Median |
16.28577% 5.4% |
16.28426% 4.03% |
8.78397% 4.12% |
3.67787% 5.46% |
-1.72584% 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 VIRGINIA BEACH PSYCHIATRIC CENTER 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 |
4,308,160 2,436,300 |
4,413,715 2,301,272 |
3,759,063 2,153,673 |
2,514,342 1,781,018 |
1,873,159 1,472,860 |
| All outpatient revenue Median Click here to show/hide details |
119,847 219,092 |
64,659 204,721 |
87,005 180,741 |
70,486 138,813 |
82,004 122,013 |
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 |
8,792,942 11,335,590 |
9,095,524 11,783,703 |
9,633,509 12,149,513 |
9,123,997 12,312,807 |
9,873,573 13,307,259 |
| Salaries as a % of operating expenses Median |
51.49 50.99 |
51.87 51.26 |
50.19 50.77 |
46.79 50.92 |
46.54 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.