ADVENTHEALTH NEW SMYRNA BEACH — financial and operating metrics

CCN 100014, NEW SMYRNA BEACH, 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 availableunverified109109109109109109
Total bed days availableunverified39,89439,78539,78539,78539,89439,785
Total facility dischargesunverified5,0315,3966,0156,8477,7448,203
Total facility inpatient daysunverified21,69826,64027,72229,91829,71129,016
Total patient revenue (gross charges)unverified$478,760,939$564,216,020$622,134,701$730,917,495$824,132,231$937,737,076
Contractual allowances and discountsunverified$354,735,626$418,146,639$469,466,366$562,000,436$616,613,315$700,398,136
Net patient revenueunverified$124,025,313$146,069,381$152,668,335$168,917,059$207,518,916$237,338,940
Total operating expensesunverified$135,093,379$152,634,171$162,647,687$170,063,496$184,460,696$209,114,685
Net income from service to patientsunverified$-11,068,066$-6,564,790$-9,979,352$-1,146,437$23,058,220$28,224,255
Net incomeunverified$-5,837,976$-4,810,668$-7,903,357$2,466,185$30,327,603$40,251,804
Cost of uncompensated careunverified$6,073,458$6,649,205$6,887,126$7,365,606$8,353,648$10,570,322
Total facility bad debt expenseunverified$4,597,697$4,475,240$4,604,023$5,016,376$5,962,242$5,010,135
Charity care charges and uninsured discountsunverified$18,920,784$22,186,611$25,063,682$28,305,145$29,335,521$43,817,388
Cost of charity careunverified$4,916,309$5,561,980$5,784,190$6,264,697$7,096,235$9,579,740
Charges for insured patients' liabilityunverified$269,474$361,117
Operating marginunverified-8.9%-4.5%-6.5%-0.7%11.1%11.9%
Overall cost-to-charge ratiounverified28.2%27.1%26.1%23.3%22.4%22.3%
Occupancy rateunverified54.4%67.0%69.7%75.2%74.5%72.9%
Average length of stayunverified4.34.94.64.43.83.5
Uncompensated care as % of operating expenseunverified4.5%4.4%4.2%4.3%4.5%5.1%
Charity care cost-to-charge ratiounverified26.0%25.1%23.1%22.1%24.2%21.9%
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