Financial Definitions and Methodology
The report you are viewing for Norton Hospital with period ending 12/31/2021 uses the 2552-10 format.
Financial
Financial information is reported for a hospital's five most recent cost reporting periods. The most current status of each period is reported (i.e. as submitted, settled, reopened, etc.).
Balance Sheet
Balance Sheet information is obtained from a hospital's Medicare cost report (W/S G). The five most recent cost reporting periods are reported and data are updated on a quarterly basis as more recent information becomes available.
Income Statement
Income Statement information is obtained from a hospital's Medicare cost report (W/S G2 and G3). The five most recent cost reporting periods are reported and data are updated on a quarterly basis as more recent information becomes available. Data for cost reporting periods representing other than 12 months are annualized.
Uncompensated Care
Uncompensated Care information is obtained from a hospital's Medicare cost report (W/S S10). Only the most recent cost reporting period is reported and data are annualized for periods representing other than 12 months. Costs are estimated based on a hospital's gross charges and overall cost-to-charge ratio. (Please note that this information is a new reporting requirement in the Medicare cost report and appears to be improperly reported by some hospitals.)
| Bad Debt Expense | line 26, col 1 | |
| Revenue | Cost | |
| Medicaid | line 6, col 1 | line 7, col 1 |
| State Children's Health Insurance Program (SCHIP) | line 10, col 1 | line 11, col 1 |
| State and local indigent care programs | line 14, col 1 | line 15, col 1 |
| Other uncompensated care | line 20, col 3 | line 21, col 3 |
| Restricted grants | line 17, col 1 | n/a |
| Non-restricted grants | line 18, col 1 | n/a |
Financial
Financial information is reported for a hospital's five most recent cost reporting periods. The most current status of each period is reported (i.e. as submitted, settled, reopened, etc.).
Balance Sheet
Balance Sheet information is obtained from a hospital's Medicare cost report (W/S G). The five most recent cost reporting periods are reported and data are updated on a quarterly basis as more recent information becomes available.
Income Statement
Income Statement information is obtained from a hospital's Medicare cost report (W/S G2 and G3). The five most recent cost reporting periods are reported and data are updated on a quarterly basis as more recent information becomes available. Data for cost reporting periods representing other than 12 months are annualized.
Uncompensated Care
Uncompensated Care information is obtained from a hospital's Medicare cost report (W/S S10). Only the most recent cost reporting period is reported and data are annualized for periods representing other than 12 months. Costs are estimated based on a hospital's gross charges and overall cost-to-charge ratio. (Please note that this information is a new reporting requirement in the Medicare cost report and appears to be improperly reported by some hospitals.)
| Revenue | Cost | |
| Medicaid | line 17.01 | line 29 |
| State Children's Health Insurance Program (SCHIP) | line 19 | line 27 |
| State and local indigent care programs | line 18 | line 25 |
| Other uncompensated care | line 17 | line 31 |
| Restricted grants | line 20 | |
| Non-restricted grants | line 21 |