SOUTH PENINSULA HOSPITAL — financial and operating metrics

CCN 021313, HOMER, 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 availableunverified212121212122
Total bed days availableunverified7,6867,6657,6657,6657,6868,030
Total facility dischargesunverified708738797608551612
Total facility inpatient daysunverified3,3943,6314,0713,5323,3753,459
Total patient revenue (gross charges)unverified$130,586,156$152,961,698$181,757,902$195,932,054$228,212,988$267,449,806
Contractual allowances and discountsunverified$50,551,120$62,766,688$78,140,540$83,790,955$98,859,181$114,415,433
Net patient revenueunverified$80,035,036$90,195,010$103,617,362$112,141,099$129,353,807$153,034,373
Total operating expensesunverified$71,012,053$84,654,337$109,936,941$115,988,853$134,752,860$152,451,469
Net income from service to patientsunverified$9,022,983$5,540,673$-6,319,579$-3,847,754$-5,399,053$582,904
Net incomeunverified$10,131,120$12,871,628$4,960,692$2,690,696$3,794,722$9,012,127
Cost of uncompensated careunverified$2,291,496$2,577,408$2,089,443$2,831,283$2,839,586$3,216,242
Total facility bad debt expenseunverified$1,632,346$3,332,150$3,568,228$3,204,750$3,711,094$3,529,144
Charity care charges and uninsured discountsunverified$2,323,402$1,266,505$226,294$1,997,320$1,668,124$2,601,203
Cost of charity careunverified$1,362,601$722,165$130,159$1,128,236$934,253$1,446,532
Operating marginunverified11.3%6.1%-6.1%-3.4%-4.2%0.4%
Overall cost-to-charge ratiounverified54.4%55.3%60.5%59.2%59.0%57.0%
Occupancy rateunverified44.2%47.4%53.1%46.1%43.9%43.1%
Average length of stayunverified4.84.95.15.86.15.7
Uncompensated care as % of operating expenseunverified3.2%3.0%1.9%2.4%2.1%2.1%
Charity care cost-to-charge ratiounverified58.6%57.0%57.5%56.5%56.0%55.6%
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