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Short-term acute care hospital · Towson, Maryland · 283 beds · CMS certification number 210007

St. Joseph Medical Center

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2012, settled, stamped by CMS January 27, 2014. Sixteen years on file, every one shown below.

Fiscal 2012 at a glance

Net patient revenue
$300.6M
$300,636,507 · G-3 line 3
Operating expenses
$322.0M
$321,999,260 · G-3 line 4
Result from patient care
−$21.4M
−$21,362,753 · G-3 line 5
Margin on patient care
−7.1%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $168.9M in its first year on file (1997) to $300.6M in 2012.
  • Its result from patient care: −$13.0M (2010), −$19.6M (2011), −$21.4M (2012).
  • 2 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2012.
  • Medicaid paid for 2.2% of its inpatient days and Medicare for 44.4%.

Every statement is drawn from figures on this page; nothing is estimated.

Sixteen years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
1997
reopened
$168.9M
$168.3M
1998
reopened
$177.8M
$173.0M
1999
reopened
$180.2M
$172.0M
2000
settled
$177.2M
$183.8M
2001
settled
$192.2M
$202.4M
2002
settled
$210.9M
$219.6M
2003
settled
$231.6M
$236.7M
2004
settled
$258.1M
$262.1M
2005
settled
$287.6M
$292.4M
2006
settled
$319.2M
$319.9M
2007
settled
$319.0M
$336.9M
2008
settled
$334.1M
$365.9M
2009
settled
$356.9M
$358.4M
2010
settled
$327.7M
$340.7M
2011
settled
$310.7M
$330.3M
2012
settled
$300.6M
$322.0M

Beside its peers

Short-term acute care hospitals in Maryland with 200 to 399 beds, each on fiscal year 2012.

HospitalBedsNet patient revenueOperating expensesMargin
St. Joseph Medical Center283$300,636,507$321,999,260−7.1%
University of Maryland Baltimore Washington Medical Center, Glen Burnie308$336,091,825$325,037,0103.3%
Frederick Health Hospital, Frederick309$341,266,088$349,289,673−2.4%
Medstar Good Samaritan Hospital, Baltimore273$314,895,835$311,360,4801.1%
Ascension Saint Agnes Hospital, Baltimore314$413,222,660$379,701,9428.1%
UPMC Western Maryland, Cumberland283$282,255,130$297,744,155−5.5%

Patients and payers

Discharges
16,402
S-3 line 14, col 15
Inpatient days
71,268
S-3 line 14, col 8
Beds in use, on an average day
195.3
days ÷ days in year
Occupancy
68.8%
days ÷ bed days
Medicare share of days
44.4%
S-3 cols 6 ÷ 8
Medicaid share of days
2.2%
S-3 cols 7 ÷ 8

Who owns it

Related organizations on its own cost report: CATHOLIC HEALTH INITIATIVES, parent company.

Type of control on its cost report: voluntary nonprofit, other.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2011.ZIP, form CMS-2552-10, filed under CMS certification number 210007. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2011.ZIP, read January 27, 2014.