HONORHEALTH FOUR PEAKS MEDICAL CENTER — financial and operating metrics

CCN 030121, MESA, AZ · Medicare cost reports, FY2019–FY2024

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified142141162162162138
Total bed days availableunverified51,83051,64059,13059,13055,91450,508
Total facility dischargesunverified6,4186,7667,7657,2186,9775,644
Total facility inpatient daysunverified26,35928,27233,85432,57130,56928,170
Total patient revenue (gross charges)unverified$867,361,928$903,479,425$1,040,563,691$1,094,254,406$1,105,642,007$876,015,554
Contractual allowances and discountsunverified$720,544,989$750,582,867$838,434,616$895,477,027$881,789,226$710,779,047
Net patient revenueunverified$146,816,939$152,896,558$202,129,075$198,777,379$223,852,781$165,236,507
Total operating expensesunverified$160,750,624$166,854,996$211,782,533$230,441,098$226,148,609$216,716,064
Net income from service to patientsunverified$-13,933,685$-13,958,438$-9,653,458$-31,663,719$-2,295,828$-51,479,557
Net incomeunverified$-13,310,576$-11,192,920$2,810,612$-25,030,778$2,709,799$-50,736,624
Cost of uncompensated careunverified$2,422,633$2,407,177$3,487,856$3,826,277$3,206,595$5,442,202
Total facility bad debt expenseunverified$6,811,121$6,721,274$11,069,017$8,969,198$5,012,592$9,169,142
Charity care charges and uninsured discountsunverified$9,004,156$9,015,128$8,968,904$12,046,238$13,842,550$16,582,384
Cost of charity careunverified$1,369,324$1,382,681$1,560,917$2,178,972$2,344,139$3,483,859
Operating marginunverified-9.5%-9.1%-4.8%-15.9%-1.0%-31.2%
Overall cost-to-charge ratiounverified18.5%18.5%20.4%21.1%20.5%24.7%
Occupancy rateunverified50.9%54.7%57.3%55.1%54.7%55.8%
Average length of stayunverified4.14.24.44.54.45.0
Uncompensated care as % of operating expenseunverified1.5%1.4%1.6%1.7%1.4%2.5%
Charity care cost-to-charge ratiounverified15.2%15.3%17.4%18.1%16.9%21.0%
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