HOSPICE OF SOUTHWEST IOWA — financial and operating metrics

CCN 161576, COUNCIL BLUFFS, IA · Medicare cost reports, FY2016–FY2021

Short reporting period. FY2021 (180 days) covers less than a full year, usually because the hospice changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2016FY2017FY2018FY2019FY2020FY2021
180d
Total patient revenue (gross charges)unverified$1,281,605$1,167,436$1,144,544$2,201,584$2,361,434$427,861
Contractual allowances and discountsunverified$297,739$262,601$213,877$855,203$902,921
Net patient revenueunverified$983,866$904,835$930,667$1,346,381$1,458,513$427,861
Total revenue, all sourcesunverified$1,086,112$1,054,380$982,522$1,452,862$1,669,164$607,521
Total operating expensesunverified$1,172,774$1,086,271$876,539$1,035,124$1,175,503$529,473
Net income (loss) for the periodunverified$-86,662$-31,891$105,983$417,738$493,661$78,048
Total hospice daysunverified5,8275,6675,3658,0428,4662,514
Operating marginunverified-8.0%-3.0%10.8%28.8%29.6%12.8%
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