RED BAY HOSPITAL — financial and operating metrics

CCN 011302, RED BAY, 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 availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified286300325154138150
Total facility inpatient daysunverified2,1762,5362,9572,5652,5142,670
Total patient revenue (gross charges)unverified$21,545,611$23,017,889$24,025,479$25,829,808$24,706,825$25,733,088
Contractual allowances and discountsunverified$13,794,385$15,356,639$16,459,336$17,618,192$17,766,331$16,708,636
Net patient revenueunverified$7,751,226$7,661,250$7,566,143$8,211,616$6,940,494$9,024,452
Total operating expensesunverified$10,612,468$8,763,084$9,480,821$9,972,003$9,887,542$10,458,754
Net income from service to patientsunverified$-2,861,242$-1,101,834$-1,914,678$-1,760,387$-2,947,048$-1,434,302
Net incomeunverified$2,326,296$1,923,455$-201,703$-414,759$-1,944,874$-591,792
Cost of uncompensated careunverified$824,618$558,037$686,750$280,856$1,084,724$745,823
Total facility bad debt expenseunverified$2,121,466$1,621,795$1,740,072$762,676$2,843,271$1,953,999
Charity care charges and uninsured discountsunverified$32,614$26,644$48,308$46,913$75,289$80,578
Cost of charity careunverified$13,900$9,791$22,599$19,314$35,361$32,659
Operating marginunverified-36.9%-14.4%-25.3%-21.4%-42.5%-15.9%
Overall cost-to-charge ratiounverified49.3%38.1%39.5%38.6%40.0%40.6%
Occupancy rateunverified23.8%27.8%32.4%28.1%27.5%29.3%
Average length of stayunverified7.68.59.116.718.217.8
Uncompensated care as % of operating expenseunverified7.8%6.4%7.2%2.8%11.0%7.1%
Charity care cost-to-charge ratiounverified42.6%36.7%46.8%41.2%47.0%40.5%
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