Sage Specialty Hospital

Lafayette, LA

Lafayette, LA 70508337-446-4300

Beds

Inpatient discharges a year

$2M

Net patient revenue a year

About this hospital

Sage Specialty Hospital is a 31-bed hospital in Lafayette, LA.

CCN: 713027
Medicare contractor: Jurisdiction H, Novitas Solutions (07001)

Negotiated Rates

The data below comes from CMS-mandated price transparency data. Learn more.

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Contract data may be available through direct hospital inquiry.

Insurance Accepted

Acceptance varies by plan and service. Confirm coverage with your insurer or the hospital's billing department.

More about this hospital

Finances
$2M net patient revenue
- Operating margin on patient care -40.7%
- -$829,684 net income
See finances

Location

Lafayette, LA 70508

337-446-4300

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Size and patient volume

What Sage Specialty Hospital reported to Medicare in its latest cost report, covering May 1, 2021 to Dec 31, 2021.

78
Inpatient discharges
Medicare 46%, Medicaid 1%
1,605
Inpatient days
21% of available bed days used
28
Employees (full-time equivalent)

Source: CMS cost report (HCRIS) (report 724513). Figures cover the reporting period, which is not always 12 months, and are self-reported.

Utilization by payer and unit

Inpatient days and discharges Sage Specialty Hospital reported by payer. Medicare and Medicaid include their managed care plans, shown separately below.

	Medicare	Medicaid	Other	Total
Inpatient days	765	33	807	1,605
Discharges	36	1	41	78
Average length of stay	21.3 days	33.0 days	19.7 days	20.6 days
Average daily census	3.1	0.1	3.3	6.6

203
Medicaid managed care days
10 discharges

Beds and days by unit

Unit	Beds	Inpatient days	Medicare days	Occupancy
Adults & pediatrics	31	1,605	765	21%

Source: CMS cost report (HCRIS, Form 2552-10), report 724513, settled without audit. Hospitals report these figures themselves; they are not audited financial statements. Worksheet S-3 Part I.

Income statement

Revenue, expenses and income Sage Specialty Hospital reported to Medicare for May 1, 2021 to Dec 31, 2021. Percentages are of net patient revenue.

Line	Amount	Share
Gross patient revenue (charges)	$2.8M	138.9%
Inpatient	$2.8M	138.9%
Contractual allowances and discounts	-$793,276	-38.9%
Net patient revenue	$2M	100.0%
Operating expenses	-$2.9M	-140.7%
Operating income from patient care	-$829,759	-40.7%
Other income	$75	0.0%
Investment income	$14	0.0%
Other	$61	0.0%
Net income	-$829,684	-40.6%

Gross revenue by payer

Line	Amount	Share
Traditional Medicare	$772,658	27.2%
Other payers and self-pay	$2.1M	72.8%
Total charges	$2.8M	100.0%

Source: CMS cost report (HCRIS, Form 2552-10), report 724513, settled without audit. Hospitals report these figures themselves; they are not audited financial statements. Traditional Medicare is the program charges on Worksheets D-3 and D Part V; Medicaid is from Worksheet S-10.

Financial ratios

Computed from Sage Specialty Hospital's latest cost report, which covers 245 days; income and expense figures are scaled to a year.

-40.7%
Operating margin
Operating income from patient care / net patient revenue
-40.6%
Total margin
Net income / net patient revenue plus other income
-18.5%
EBITDAR margin
Net income before interest, depreciation and leases (Worksheet A-7), / total revenue
43% of expenses
Personnel costs
Salaries, direct-care contract labor and core wage-related costs / operating expenses
$27.72
Average hourly wage
Adjusted salaries / paid hours (Worksheet S-3 Part II)
-54.5%
Return on assets
Net income for a year / total assets
-126.3%
Return on equity
Net income for a year / fund balance
0.48
Long-term debt to fund balance
Mortgages, notes and loans / fund balance
2.50
Current ratio
Current assets / current liabilities
2.02
Quick ratio
Cash, temporary investments and net receivables / current liabilities
140 days
Days cash on hand
Cash and temporary investments / daily operating expenses excluding depreciation
3 days
Days in patient receivables
Net patient receivables / daily net patient revenue
70 days
Average payment period
Current liabilities / daily operating expenses excluding depreciation
1.34
Asset turnover
Total revenue for a year / total assets
0.7 years
Average age of plant
Accumulated depreciation / depreciation for a year

Source: CMS cost report (HCRIS, Form 2552-10), report 724513, settled without audit. Hospitals report these figures themselves; they are not audited financial statements.

Balance sheet

What Sage Specialty Hospital owned and owed at the end of its reporting period (Dec 2021), across all fund types: $2.3M in total assets and a $978,474 fund balance.

Show the balance sheet

Line	Amount	Of total assets
Cash and temporary investments	$1.6M	71.8%
Patient receivables, net	$22,293	1.0%
Total current assets	$2M	90.0%
Property and equipment, net of depreciation	$219,207	9.7%
Investments and other assets	$7,126	0.3%
Total assets	$2.3M	100.0%
Current liabilities	$815,546	36.0%
Long-term debt	$472,000	20.8%
Total liabilities	$1.3M	56.8%
Fund balance (net assets)	$978,474	43.2%

Source: CMS cost report (HCRIS, Form 2552-10), report 724513, settled without audit. Hospitals report these figures themselves; they are not audited financial statements.

Departments

Each cost center Sage Specialty Hospital reports, largest first. Total cost includes its share of overhead; the cost-to-charge ratio is total cost / charges.

Show all 20 departments

Ancillary and outpatient departments

Department	Salaries	Total cost	Charges	Cost-to-charge	Square feet
Physical therapy		$243,884	$299,687	0.81	2,634
Occupational therapy		$142,966	$305,202	0.47	924
Drugs charged to patients		$140,719	$99	1421.40	375
Speech pathology		$46,035	$130,552	0.35	143
Respiratory therapy	$1,703	$19,492	$16,003	1.22
Medical supplies charged to patient		$15,040	$13,965	1.08
Laboratory		$11,853	$9,104	1.30
Radiology-diagnostic		$4,833	$1,508	3.20

Inpatient units

Department	Salaries	Total cost	Charges	Cost-to-charge	Square feet
Adults & pediatrics	$470,385	$2.3M	$2.1M	1.12	10,009

Overhead (general service) departments

Department	Salaries	Direct cost	Paid hours	Average hourly wage	Square feet
Administrative & general	$127,336	$632,426	2,473	$51.49	646
Cap rel costs-bldg & fixt		$281,534			20,703
Operation of plant	$21,435	$260,899	769	$27.87	2,062
Cap rel costs-mvble equip		$228,858
Dietary	$134,142	$199,340	8,807	$15.23	100
Nursing administration	$133,868	$133,868	2,742	$48.82
Central services & supply		$53,444			430
Housekeeping	$38,183	$46,573	2,747	$13.90	644
Laundry & linen service		$23,118			286
Medical records & library	$13,765	$13,765	435	$31.64	431
Social service	$10,235	$11,082	335	$30.55

Source: CMS cost report (HCRIS, Form 2552-10), report 724513, settled without audit. Hospitals report these figures themselves; they are not audited financial statements. Worksheets A, B-1, C Part I and S-3 Part II.

Frequently asked questions

About Sage Specialty Hospital's rates and hospital price transparency.

How many patients does Sage Specialty Hospital admit?

Sage Specialty Hospital reported 78 inpatient discharges and 1,605 inpatient days from May 1, 2021 to Dec 31, 2021.

How many employees does Sage Specialty Hospital have?

Sage Specialty Hospital reported 28 full-time-equivalent employees on payroll from May 1, 2021 to Dec 31, 2021.

How much revenue does Sage Specialty Hospital make?

Sage Specialty Hospital reported $2M in net patient revenue on $2.8M of gross charges for May 1, 2021 to Dec 31, 2021, an operating margin of -40.7%, and net income of -$829,684.

How many beds does Sage Specialty Hospital have?

Sage Specialty Hospital has 31 beds, including its psychiatric, rehabilitation and other subprovider units, in its latest Medicare cost report.

Where is Sage Specialty Hospital and what is its phone number?

Sage Specialty Hospital is located at Lafayette, LA 70508. Its main phone number is 337-446-4300.

What is Sage Specialty Hospital's CCN (Medicare provider number)?

Sage Specialty Hospital's CMS Certification Number (CCN), also called its Medicare provider number, is 713027.

What is a hospital price transparency MRF?

Under 45 CFR Part 180, every US hospital must publish a machine-readable file of its standard charges, including gross charges, discounted cash prices and payer-specific negotiated rates, in the CMS template format. PayerPrice can help hospitals publish and maintain these files.

What is a chargemaster review?

A chargemaster (charge description master, or CDM) is a hospital's master list of billable items, with codes, descriptions and gross charges. A chargemaster review looks at those lines for accuracy and pricing. PayerPrice can help hospitals review their chargemaster; contact us to discuss your needs.

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{
  "description": "MRI of brain (no contrast)",
  "code_information": [
    { "code": "611", "type": "RC" },
    { "code": "70551", "type": "CPT" }
  ],
  "standard_charges": [{
    "setting": "outpatient",
    "minimum": 250,
    "maximum": 400,
    "gross_charge": 1200,
    "discounted_cash": 1080,
    "payers_information": [
      {
        "payer_name": "Platform Health Insurance",
        "plan_name": "PPO",
        "methodology": "fee schedule",
        "standard_charge_dollar": 400
      },
      {
        "payer_name": "Region Health Insurance",
        "plan_name": "HMO",
        "methodology": "fee schedule",
        "standard_charge_dollar": 250
      }
    ]
  }]
}

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Missing, duplicate and outdated charge lines identified
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