HALIFAX HEALTH MEDICAL CENTER — financial and operating metrics

CCN 100017, DAYTONA 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 availableunverified496467516533567523
Total bed days availableunverified181,536170,455188,340194,545207,522190,895
Total facility dischargesunverified22,49723,45424,03026,44523,76123,508
Total facility inpatient daysunverified111,642124,255122,660136,664136,057135,671
Total patient revenue (gross charges)unverified$2,043,170,509$2,298,803,240$2,337,202,401$2,835,450,359$3,034,533,859$3,179,989,169
Contractual allowances and discountsunverified$1,567,990,528$1,748,633,614$1,769,375,119$2,204,970,353$2,344,906,965$2,481,572,210
Net patient revenueunverified$475,179,981$550,169,626$567,827,282$630,480,006$689,626,894$698,416,959
Total operating expensesunverified$512,401,407$559,939,532$590,151,876$645,922,107$700,176,312$728,084,708
Net income from service to patientsunverified$-37,221,426$-9,769,906$-22,324,594$-15,442,101$-10,549,418$-29,667,749
Net incomeunverified$20,907,248$50,021,164$12,035,443$32,507,278$70,186,816$27,843,550
Cost of uncompensated careunverified$45,220,070$46,989,964$46,374,780$40,056,373$61,120,509$53,772,654
Total facility bad debt expenseunverified$47,013,572$67,733,825$50,648,670$36,378,258$42,284,354$31,014,190
Charity care charges and uninsured discountsunverified$157,709,419$146,890,213$152,318,887$163,089,581$192,458,980$192,469,956
Cost of charity careunverified$34,712,797$32,165,727$34,725,856$32,679,817$52,779,597$47,690,259
Charges for insured patients' liabilityunverified$408,265$637,654$3,385
Operating marginunverified-7.8%-1.8%-3.9%-2.4%-1.5%-4.2%
Overall cost-to-charge ratiounverified25.1%24.4%25.3%22.8%23.1%22.9%
Occupancy rateunverified61.5%72.9%65.1%70.2%65.6%71.1%
Average length of stayunverified5.05.35.15.25.75.8
Uncompensated care as % of operating expenseunverified8.8%8.4%7.9%6.2%8.7%7.4%
Charity care cost-to-charge ratiounverified22.0%21.9%22.8%20.0%27.4%24.8%
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