FAIRBANKS MEMORIAL HOSPITAL — financial and operating metrics

CCN 020012, FAIRBANKS, AK · 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 availableunverified122122122122122122
Total bed days availableunverified44,65244,53044,53044,53044,65244,530
Total facility dischargesunverified3,8604,3584,4205,8526,2664,912
Total facility inpatient daysunverified16,22618,69420,50521,57322,28524,303
Total patient revenue (gross charges)unverified$522,871,086$606,088,080$648,188,514$732,966,995$759,720,827$961,836,488
Contractual allowances and discountsunverified$277,257,966$321,012,238$359,611,743$414,655,959$468,594,931$562,051,169
Net patient revenueunverified$245,613,120$285,075,842$288,576,771$318,311,036$291,125,896$399,785,319
Total operating expensesunverified$260,239,208$277,293,319$298,503,056$313,477,289$352,036,401$389,291,494
Net income from service to patientsunverified$-14,626,088$7,782,523$-9,926,285$4,833,747$-60,910,505$10,493,825
Net incomeunverified$19,686,034$24,231,921$-1,208,882$11,268,601$-54,455,679$17,165,877
Cost of uncompensated careunverified$4,210,967$2,725,244$4,465,579$8,794,081$9,921,354$11,703,191
Total facility bad debt expenseunverified$7,719,119$5,921,295$8,721,262$20,212,289$20,330,269$26,350,317
Charity care charges and uninsured discountsunverified$1,384,142$830,422$1,433,600$1,231,880$4,237,687$2,621,197
Cost of charity careunverified$981,667$487,685$1,076,910$839,019$2,019,014$2,127,047
Charges for insured patients' liabilityunverified$172,582
Operating marginunverified-6.0%2.7%-3.4%1.5%-20.9%2.6%
Overall cost-to-charge ratiounverified49.8%45.8%46.1%42.8%46.3%40.5%
Occupancy rateunverified36.3%42.0%46.0%48.4%49.9%54.6%
Average length of stayunverified4.24.34.63.73.64.9
Uncompensated care as % of operating expenseunverified1.6%1.0%1.5%2.8%2.8%3.0%
Charity care cost-to-charge ratiounverified70.9%58.7%75.1%68.1%47.6%81.1%
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