CURAHEALTH PHOENIX NORTHWEST — financial and operating metrics

CCN 032000, SURPRISE, AZ · Medicare cost reports, FY2017–FY2022

Short reporting period. FY2022 (121 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2017FY2018FY2019FY2020FY2021FY2022
121d
Total facility beds availableunverified1035858585858
Total bed days availableunverified34,50521,17021,17021,17021,17021,170
Total facility dischargesunverified269185152137161196
Total facility inpatient daysunverified8,6725,4124,3573,7463,5113,822
Total patient revenue (gross charges)unverified$50,324,139$50,324,138$24,733,323$24,733,323$19,114,537$19,258,461
Contractual allowances and discountsunverified$37,169,863$41,739,338$16,674,297$16,674,297$13,428,767$13,197,273
Net patient revenueunverified$13,154,276$8,584,800$8,059,026$8,059,026$5,685,770$6,061,188
Total operating expensesunverified$17,446,498$13,115,414$8,603,621$7,448,276$6,099,940$6,337,967
Net income from service to patientsunverified$-4,292,222$-4,530,614$-544,595$610,750$-414,170$-276,779
Net incomeunverified$-4,260,732$-4,532,752$-542,057$613,288$115,750$-236,423
Operating marginunverified-32.6%-52.8%-6.8%7.6%-7.3%-4.6%
Overall cost-to-charge ratiounverified34.7%26.1%34.8%30.1%31.9%32.9%
Occupancy rateunverified25.1%25.6%20.6%17.7%16.6%18.1%
Average length of stayunverified32.229.328.727.321.819.5
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