SHARON HOSPITAL — financial and operating metrics

CCN 070004, SHARON, CT · 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 availableunverified666666503628
Total bed days availableunverified24,15624,09024,09018,25010,71210,220
Total facility dischargesunverified1,8751,7551,2231,1231,0091,070
Total facility inpatient daysunverified5,8065,6034,2044,4173,8874,202
Total patient revenue (gross charges)unverified$120,048,434$125,912,656$124,371,825$138,942,804$153,027,468$166,075,016
Contractual allowances and discountsunverified$74,086,724$77,867,137$77,403,447$91,286,228$101,677,095$111,629,650
Net patient revenueunverified$45,961,710$48,045,519$46,968,378$47,656,576$51,350,373$54,445,366
Total operating expensesunverified$60,806,262$65,116,177$72,793,261$73,698,168$72,130,382$72,275,969
Net income from service to patientsunverified$-14,844,552$-17,070,658$-25,824,883$-26,041,592$-20,780,009$-17,830,603
Net incomeunverified$-5,645,714$-20,236,391$-22,902,030$-24,084,221$-20,538,064$-16,837,916
Cost of uncompensated careunverified$1,558,661$1,191,269$1,154,017$1,591,309$1,763,856$2,650,578
Total facility bad debt expenseunverified$1,121,609$768,620$1,128,307$1,487,370$2,254,329$2,257,150
Charity care charges and uninsured discountsunverified$2,207,748$1,684,725$1,008,952$1,769,506$1,618,783$3,944,447
Cost of charity careunverified$1,093,878$872,583$585,793$941,338$877,241$1,845,216
Charges for insured patients' liabilityunverified$128,011$3,277
Operating marginunverified-32.3%-35.5%-55.0%-54.6%-40.5%-32.7%
Overall cost-to-charge ratiounverified50.7%51.7%58.5%53.0%47.1%43.5%
Occupancy rateunverified24.0%23.3%17.5%24.2%36.3%41.1%
Average length of stayunverified3.13.23.43.93.93.9
Uncompensated care as % of operating expenseunverified2.6%1.8%1.6%2.2%2.4%3.7%
Charity care cost-to-charge ratiounverified49.5%51.8%58.1%53.2%54.2%46.8%
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