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Presumably, a better funded hospital that is not bleeding money year after year is in a better position than one that is. But what metrics beyond the profit and loss would you look at and how would you interpret them? I found one source of financial info on the web, at http://www.ahd.com/freesearch.php3
This provides AHA data (very general, not v. useful) and CMS (HCFA) data (very detailed stats, incl. financial metrics, as shown below). For example, for Georgetown Hospital, the following information is available (to non-subscribers):
CMS (HCFA) Data:
Hospital identification taken from the Medicare Provider of Services Listing as updated December, 2001.
GEORGETOWN UNIVERSITY HOSPITAL
3800 RESERVIOR RD
WASHINGTON, DC 20007
(202) 784-3000
Medicare Provider Number: 090004
Inpatient Utilization Statistics
All information in this report is taken from
The Medicare Provider Analysis and Review (MedPAR) file.
Data are for the federal fiscal year ending 09/30/2001 .
This report is consistent with CMS (HCFA) Data Release policies.
Statistics by Medical Service
# Avg Avg Medicare
Medicare Length Charges Case Mix
Inpatients of Stay Index (CMI)
Cardiology 324 4.59 $19,400 1.0556
Cardiovascular Surgery 288 7.27 $49,143 3.7188
Gynecology 59 4.54 $25,322 1.2373
Medicine 725 5.14 $19,578 0.8966
Neurology 231 6.05 $24,249 1.0563
Neurosurgery 85 11.72 $68,029 2.9176
Oncology 120 9.10 $38,022 1.6667
Orthopedics 413 7.62 $40,712 1.8838
Psychiatry 78 9.42 $18,571 0.7051
Pulmonology 340 12.35 $67,516 3.3735
Surgery 333 11.48 $58,680 2.6366
Surgery for Malignancy28 5.96 $35,407 2.1786
Urology 214 6.70 $37,480 1.4159
Vascular Surgery 152 7.26 $35,655 1.8947
Total 3,396 7.57 $37,519 1.8684
Note 1 - Medicare Case Mix index is based on the Medicare Prospective Payment System for the corresponding federal fiscal year.
Note 2 - Click here for description of Medicare Prospective Payment System, DRGs, and case mix index.
Patient Origin for Top 3 Zip Codes
Data are from the Medicare Hospital Market Service Area File
for the calendar year ending 12/31/2001.
ZIP Code of Residence Admissions Days of Care Charges ($000)
20007 187 1,398 $6,746,560
20016 172 1,201 $5,088,409
20008 127 736 $3,504,069
Outpatient Utilization Statistics
All information in the following report is taken from
the Medicare Standard Analytical File (Outpatient).
Data are for the calendar service year ending 12/31/1999 .
Data are excluded for categorizations of ten or fewer patients.
This report is consistent with CMS (HCFA) Data Release policies.
Outpatient data prepared by
Health Market Insights
(888) 700-DATA
email: [email protected]
Statistics for the Top 20 Ambulatory Patient Classifications (APCs)
Click here for a description of Medicare APCs.
APC APCDesc. %/Charges #Pat.Visits AvgChrg/Visit NatAvgChrg
0283 Level II Computerized Axial Tomography 12.75 1,787 $981 $816
0284 Magnetic Resonance Imaging 9.35 783 $1,642 $1,270
0301 Level II Radiation Therapy 7.01 2,439 $395 $736
0260 Level I Plain Film Except Teeth 4.70 4,919 $131 $123
0143 Lower GI Endoscopy 3.11 374 $1,142 $782
0269 Echocardiogram Except Transesophageal 2.79 1,336 $287 $305
0286 Myocardial Scans 2.36 799 $406 $690
0612 High Level Emergency Visits 2.36 726 $446 $338
0343 Level II Pathology 2.35 1,361 $237 $129
0080 Diagnostic Cardiac Catheterization 2.04 101 $2,777 $2,351
0141 Upper GI Procedures 1.90 227 $1,150 $748
0169 Lithotripsy 1.70 55 $4,242 $4,728
0100 Continuous ECG 1.68 449 $514 $317
0117 Chemotherapy Administration by Infusion Only 1.62 647 $344 $303
0028 1.48 87 $2,343 $1,177
0303 Treatment Device Construction 1.47 188 $1,074 $712
0305 Level II Therapeutic Radiation Treatment Preparation 1.45 300 $662 $577
0292 Level II Diagnostic Nuclear Medicine Excluding Myocardial Scans 1.40 280 $685 $605
0246 Cataract Procedures with IOL Insert 1.31 74 $2,434 $1,305
0026 Level III Skin Repair 1.29 55 $3,219 $1,324
All other 35.88 14,438 $341 $241
TOTAL 31,425
Note 1 - APC classifications are based on FR 9/8/99 as modified through 6/30/99
Financial and Statistical Information
All information in the following report is taken from Medicare Cost Reports per the Hospital Cost Report Systems Master File.
For period ending 06/30/2000 .
Beds and Patient Days by Unit
Available Beds Inpatient Days
HOSPITAL
(incl swing beds)
Routine Services 211 54,060
Special Care 100 20,475
Nursery 17 2,502
Total Hospital 328 77,038
Financial Statistics $ %
Gross Patient Revenue $508,382,781 99.45
Non-Patient Revenue $2,798,368 0.55
Total Revenue $511,181,149
Net Income (or Loss) $-13,643,245 -2.67
This provides AHA data (very general, not v. useful) and CMS (HCFA) data (very detailed stats, incl. financial metrics, as shown below). For example, for Georgetown Hospital, the following information is available (to non-subscribers):
CMS (HCFA) Data:
Hospital identification taken from the Medicare Provider of Services Listing as updated December, 2001.
GEORGETOWN UNIVERSITY HOSPITAL
3800 RESERVIOR RD
WASHINGTON, DC 20007
(202) 784-3000
Medicare Provider Number: 090004
Inpatient Utilization Statistics
All information in this report is taken from
The Medicare Provider Analysis and Review (MedPAR) file.
Data are for the federal fiscal year ending 09/30/2001 .
This report is consistent with CMS (HCFA) Data Release policies.
Statistics by Medical Service
# Avg Avg Medicare
Medicare Length Charges Case Mix
Inpatients of Stay Index (CMI)
Cardiology 324 4.59 $19,400 1.0556
Cardiovascular Surgery 288 7.27 $49,143 3.7188
Gynecology 59 4.54 $25,322 1.2373
Medicine 725 5.14 $19,578 0.8966
Neurology 231 6.05 $24,249 1.0563
Neurosurgery 85 11.72 $68,029 2.9176
Oncology 120 9.10 $38,022 1.6667
Orthopedics 413 7.62 $40,712 1.8838
Psychiatry 78 9.42 $18,571 0.7051
Pulmonology 340 12.35 $67,516 3.3735
Surgery 333 11.48 $58,680 2.6366
Surgery for Malignancy28 5.96 $35,407 2.1786
Urology 214 6.70 $37,480 1.4159
Vascular Surgery 152 7.26 $35,655 1.8947
Total 3,396 7.57 $37,519 1.8684
Note 1 - Medicare Case Mix index is based on the Medicare Prospective Payment System for the corresponding federal fiscal year.
Note 2 - Click here for description of Medicare Prospective Payment System, DRGs, and case mix index.
Patient Origin for Top 3 Zip Codes
Data are from the Medicare Hospital Market Service Area File
for the calendar year ending 12/31/2001.
ZIP Code of Residence Admissions Days of Care Charges ($000)
20007 187 1,398 $6,746,560
20016 172 1,201 $5,088,409
20008 127 736 $3,504,069
Outpatient Utilization Statistics
All information in the following report is taken from
the Medicare Standard Analytical File (Outpatient).
Data are for the calendar service year ending 12/31/1999 .
Data are excluded for categorizations of ten or fewer patients.
This report is consistent with CMS (HCFA) Data Release policies.
Outpatient data prepared by
Health Market Insights
(888) 700-DATA
email: [email protected]
Statistics for the Top 20 Ambulatory Patient Classifications (APCs)
Click here for a description of Medicare APCs.
APC APCDesc. %/Charges #Pat.Visits AvgChrg/Visit NatAvgChrg
0283 Level II Computerized Axial Tomography 12.75 1,787 $981 $816
0284 Magnetic Resonance Imaging 9.35 783 $1,642 $1,270
0301 Level II Radiation Therapy 7.01 2,439 $395 $736
0260 Level I Plain Film Except Teeth 4.70 4,919 $131 $123
0143 Lower GI Endoscopy 3.11 374 $1,142 $782
0269 Echocardiogram Except Transesophageal 2.79 1,336 $287 $305
0286 Myocardial Scans 2.36 799 $406 $690
0612 High Level Emergency Visits 2.36 726 $446 $338
0343 Level II Pathology 2.35 1,361 $237 $129
0080 Diagnostic Cardiac Catheterization 2.04 101 $2,777 $2,351
0141 Upper GI Procedures 1.90 227 $1,150 $748
0169 Lithotripsy 1.70 55 $4,242 $4,728
0100 Continuous ECG 1.68 449 $514 $317
0117 Chemotherapy Administration by Infusion Only 1.62 647 $344 $303
0028 1.48 87 $2,343 $1,177
0303 Treatment Device Construction 1.47 188 $1,074 $712
0305 Level II Therapeutic Radiation Treatment Preparation 1.45 300 $662 $577
0292 Level II Diagnostic Nuclear Medicine Excluding Myocardial Scans 1.40 280 $685 $605
0246 Cataract Procedures with IOL Insert 1.31 74 $2,434 $1,305
0026 Level III Skin Repair 1.29 55 $3,219 $1,324
All other 35.88 14,438 $341 $241
TOTAL 31,425
Note 1 - APC classifications are based on FR 9/8/99 as modified through 6/30/99
Financial and Statistical Information
All information in the following report is taken from Medicare Cost Reports per the Hospital Cost Report Systems Master File.
For period ending 06/30/2000 .
Beds and Patient Days by Unit
Available Beds Inpatient Days
HOSPITAL
(incl swing beds)
Routine Services 211 54,060
Special Care 100 20,475
Nursery 17 2,502
Total Hospital 328 77,038
Financial Statistics $ %
Gross Patient Revenue $508,382,781 99.45
Non-Patient Revenue $2,798,368 0.55
Total Revenue $511,181,149
Net Income (or Loss) $-13,643,245 -2.67