LEE MEMORIAL HOSPITAL — financial and operating metrics

CCN 100012, FORT MYERS, 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 availableunverified754768748746746697
Total bed days availableunverified275,964280,320273,020272,290296,162232,798
Total facility dischargesunverified43,15742,71540,54639,17451,40640,517
Total facility inpatient daysunverified191,668185,691179,217160,695199,377174,772
Total patient revenue (gross charges)unverified$5,011,663,662$5,629,638,935$5,954,476,597$6,405,898,576$7,837,202,000$7,418,501,583
Contractual allowances and discountsunverified$3,940,284,672$4,437,651,148$4,678,110,529$5,100,548,159$6,259,178,000$5,976,714,056
Net patient revenueunverified$1,071,378,990$1,191,987,787$1,276,366,068$1,305,350,417$1,578,024,000$1,441,787,527
Total operating expensesunverified$832,879,626$913,253,956$1,054,223,650$1,102,737,888$1,470,506,379$1,477,348,050
Net income from service to patientsunverified$238,499,364$278,733,831$222,142,418$202,612,529$107,517,621$-35,560,523
Net incomeunverified$325,259,694$503,745,172$329,820,104$311,804,727$230,881,000$177,335,954
Cost of uncompensated careunverified$65,806,202$68,458,133$61,208,833$62,659,835$69,022,146$66,455,678
Total facility bad debt expenseunverified$125,949,178$136,048,368$127,354,992$84,363,092$84,164,165$73,850,732
Charity care charges and uninsured discountsunverified$208,754,986$227,459,105$209,580,205$275,777,795$344,509,238$343,450,635
Cost of charity careunverified$40,889,920$42,703,340$38,093,519$47,927,578$55,437,972$54,661,554
Charges for insured patients' liabilityunverified$1,408,016$1,012,329$812,737
Operating marginunverified22.3%23.4%17.4%15.5%6.8%-2.5%
Overall cost-to-charge ratiounverified16.6%16.2%17.7%17.2%18.8%19.9%
Occupancy rateunverified69.5%66.2%65.6%59.0%67.3%75.1%
Average length of stayunverified4.44.34.44.13.94.3
Uncompensated care as % of operating expenseunverified7.9%7.5%5.8%5.7%4.7%4.5%
Charity care cost-to-charge ratiounverified19.6%18.8%18.2%17.4%16.1%15.9%
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