THE CORE INSTITUTE SPECIALTY HOSP — financial and operating metrics

CCN 030108, PHOENIX, AZ · 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 availableunverified282828282828
Total bed days availableunverified10,24810,22010,22010,22010,24810,220
Total facility dischargesunverified1,803816616677690699
Total facility inpatient daysunverified2,0509278321,0721,016855
Total patient revenue (gross charges)unverified$243,681,316$354,244,015$475,347,212$517,190,534$564,246,793$591,740,204
Contractual allowances and discountsunverified$182,420,385$287,709,879$384,138,176$410,861,477$453,858,968$473,424,309
Net patient revenueunverified$61,260,931$66,534,136$91,209,036$106,329,057$110,387,825$118,315,895
Total operating expensesunverified$54,920,058$61,196,915$82,858,366$96,203,276$100,029,099$104,289,628
Net income from service to patientsunverified$6,340,873$5,337,221$8,350,670$10,125,781$10,358,726$14,026,267
Net incomeunverified$7,602,236$5,886,682$9,697,303$11,629,603$12,156,924$14,903,542
Cost of uncompensated careunverified$366,293$137,571$460,380$673,089$865,280$688,454
Total facility bad debt expenseunverified$1,523,600$768,047$2,492,001$3,453,792$4,508,144$3,633,712
Operating marginunverified10.4%8.0%9.2%9.5%9.4%11.9%
Overall cost-to-charge ratiounverified22.5%17.3%17.4%18.6%17.7%17.6%
Occupancy rateunverified20.0%9.1%8.1%10.5%9.9%8.4%
Average length of stayunverified1.11.11.41.61.51.2
Uncompensated care as % of operating expenseunverified0.7%0.2%0.6%0.7%0.9%0.7%
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