BAPTIST HOSPITAL OF MIAMI — financial and operating metrics

CCN 100008, MIAMI, FL · 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 availableunverified838838948672690775
Total bed days availableunverified306,708305,870346,020245,280252,540282,875
Total facility dischargesunverified27,05029,29227,42427,38329,72129,851
Total facility inpatient daysunverified187,960209,759200,733191,108207,335202,679
Total patient revenue (gross charges)unverified$5,244,421,800$6,308,786,462$6,902,086,356$7,980,820,158$9,266,268,153$10,173,783,392
Contractual allowances and discountsunverified$3,933,564,175$4,775,898,005$5,192,422,813$6,075,054,898$7,051,056,735$7,743,684,874
Net patient revenueunverified$1,310,857,625$1,532,888,457$1,709,663,543$1,905,765,260$2,215,211,418$2,430,098,518
Total operating expensesunverified$1,249,838,825$1,386,313,344$1,524,921,196$1,606,122,131$1,773,883,597$2,015,975,520
Net income from service to patientsunverified$61,018,800$146,575,113$184,742,347$299,643,129$441,327,821$414,122,998
Net incomeunverified$161,198,405$291,540,537$271,636,283$385,939,009$548,003,436$590,089,332
Cost of uncompensated careunverified$53,525,397$63,587,377$54,394,335$46,766,454$45,509,916$54,307,333
Total facility bad debt expenseunverified$107,738,799$136,050,819$134,935,041$106,549,616$103,125,744$46,448,353
Charity care charges and uninsured discountsunverified$148,995,292$159,016,225$133,242,621$154,676,593$159,926,154$262,669,096
Cost of charity careunverified$30,817,739$37,073,648$28,919,104$27,306,450$27,452,209$45,667,386
Charges for insured patients' liabilityunverified$4,038,556$7,371,804
Operating marginunverified4.7%9.6%10.8%15.7%19.9%17.0%
Overall cost-to-charge ratiounverified23.8%22.0%22.1%20.1%19.1%19.8%
Occupancy rateunverified61.3%68.6%58.0%77.9%82.1%71.6%
Average length of stayunverified6.97.27.37.07.06.8
Uncompensated care as % of operating expenseunverified4.3%4.6%3.6%2.9%2.6%2.7%
Charity care cost-to-charge ratiounverified20.7%23.3%21.7%17.7%17.2%17.4%
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