MEMORIAL HOSPITAL, THE — financial and operating metrics

CCN 061314, CRAIG, CO · 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 availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified527641448382317330
Total facility inpatient daysunverified2,9423,4152,2431,5971,4241,293
Total patient revenue (gross charges)unverified$105,873,067$121,845,476$119,688,858$127,827,321$152,940,367$160,054,564
Contractual allowances and discountsunverified$47,846,257$58,804,004$58,880,871$60,668,425$72,998,225$81,195,278
Net patient revenueunverified$58,026,810$63,041,472$60,807,987$67,158,896$79,942,142$78,859,286
Total operating expensesunverified$63,529,765$64,190,632$63,808,007$67,187,707$76,861,577$81,276,401
Net income from service to patientsunverified$-5,502,955$-1,149,160$-3,000,020$-28,811$3,080,565$-2,417,115
Net incomeunverified$2,408,729$4,783,468$228,046$1,415,780$8,672,886$-1,879,979
Cost of uncompensated careunverified$1,585,756$1,322,967$1,230,399$3,234,473$746,897$635,215
Total facility bad debt expenseunverified$3,175,470$2,829,432$2,213,137$3,459,707$4,454$381,029
Charity care charges and uninsured discountsunverified$127,317$166,166$231,113$1,740,197$964,254$764,987
Cost of charity careunverified$61,689$77,916$204,055$1,605,906$744,948$492,801
Operating marginunverified-9.5%-1.8%-4.9%-0.0%3.9%-3.1%
Overall cost-to-charge ratiounverified60.0%52.7%53.3%52.6%50.3%50.8%
Occupancy rateunverified32.2%37.4%24.6%17.5%15.6%14.2%
Average length of stayunverified5.65.35.04.24.53.9
Uncompensated care as % of operating expenseunverified2.5%2.1%1.9%4.8%1.0%0.8%
Charity care cost-to-charge ratiounverified48.5%46.9%88.3%92.3%77.3%64.4%
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