LAKELAND COMMUNITY HOSPITAL — financial and operating metrics

CCN 010125, HALEYVILLE, AL · Medicare cost reports, FY2020–FY2025

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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified494940404036
Total bed days availableunverified17,93417,88514,60014,60014,64011,412
Total facility dischargesunverified882892829695744572
Total facility inpatient daysunverified4,5703,8213,3793,1032,9802,265
Total patient revenue (gross charges)unverified$60,901,684$66,957,542$69,445,181$65,639,758$62,210,918$48,556,940
Contractual allowances and discountsunverified$41,276,626$46,684,344$50,171,742$48,414,671$46,121,387$36,197,072
Net patient revenueunverified$19,625,058$20,273,198$19,273,439$17,225,087$16,089,531$12,359,868
Total operating expensesunverified$22,021,546$23,064,395$24,278,141$22,079,630$19,723,277$15,064,001
Net income from service to patientsunverified$-2,396,488$-2,791,197$-5,004,702$-4,854,543$-3,633,746$-2,704,133
Net incomeunverified$7,235,544$-2,329,907$1,662,262$-2,192,508$-1,750,101$-836,025
Cost of uncompensated careunverified$1,689,319$1,447,406$1,464,427$1,485,989$701,478
Total facility bad debt expenseunverified$1,833,584$1,578,848$1,756,559$1,690,341$137,783
Charity care charges and uninsured discountsunverified$3,291,863$3,035,023$2,850,059$3,024,107$2,195,570
Cost of charity careunverified$1,085,519$950,827$904,575$952,199$659,027
Operating marginunverified-12.2%-13.8%-26.0%-28.2%-22.6%-21.9%
Overall cost-to-charge ratiounverified36.2%34.4%35.0%33.6%31.7%31.0%
Occupancy rateunverified25.5%21.4%23.1%21.3%20.4%19.8%
Average length of stayunverified5.24.34.14.54.04.0
Uncompensated care as % of operating expenseunverified7.7%6.3%6.0%6.7%3.6%
Charity care cost-to-charge ratiounverified33.0%31.3%31.7%31.5%30.0%
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