FLOYD CHEROKEE MEDICAL CENTER — financial and operating metrics

CCN 010022, CENTRE, AL · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2021 (183 days) covers less than a full year, usually because the hospital 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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MetricFY2020FY2021
183d
FY2022FY2023FY2024FY2025
Total facility beds availableunverified454545454545
Total bed days availableunverified16,4708,28016,42516,42516,47016,425
Total facility dischargesunverified7235071,0479851,119957
Total facility inpatient daysunverified3,3662,2304,4934,4655,2194,810
Total patient revenue (gross charges)unverified$75,036,851$46,742,219$92,879,090$99,245,787$110,311,987$123,386,507
Contractual allowances and discountsunverified$65,319,590$37,983,907$74,314,779$83,782,042$93,226,962$108,557,542
Net patient revenueunverified$9,717,261$8,758,312$18,564,311$15,463,745$17,085,025$14,828,965
Total operating expensesunverified$12,372,049$8,766,690$17,456,659$14,470,048$15,686,888$19,819,824
Net income from service to patientsunverified$-2,654,788$-8,378$1,107,652$993,697$1,398,137$-4,990,859
Net incomeunverified$-2,108,143$300,804$3,012,569$1,598,156$1,787,431$-4,474,599
Cost of uncompensated careunverified$1,808,878$1,085,033$2,515,563$1,743,817$1,735,542$2,185,984
Total facility bad debt expenseunverified$8,964,558$2,958,142$6,108,370$2,295,852$3,233,767$5,156,702
Charity care charges and uninsured discountsunverified$378,776$1,009,092$3,919,522$6,539,403$6,028,760$6,974,659
Cost of charity careunverified$88,129$281,157$998,609$1,281,017$1,120,886$1,249,515
Operating marginunverified-27.3%-0.1%6.0%6.4%8.2%-33.7%
Overall cost-to-charge ratiounverified16.5%18.8%18.8%14.6%14.2%16.1%
Occupancy rateunverified20.4%26.9%27.4%27.2%31.7%29.3%
Average length of stayunverified4.74.44.34.54.75.0
Uncompensated care as % of operating expenseunverified14.6%12.4%14.4%12.1%11.1%11.0%
Charity care cost-to-charge ratiounverified23.3%27.9%25.5%19.6%18.6%17.9%
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