PARRISH MEDICAL CENTER — financial and operating metrics

CCN 100028, TITUSVILLE, 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 availableunverified216210210208208208
Total bed days availableunverified76,86676,65076,65075,92076,12875,920
Total facility dischargesunverified5,5825,3834,6344,4144,4164,905
Total facility inpatient daysunverified25,83730,07229,71422,69125,95126,526
Total patient revenue (gross charges)unverified$567,647,855$602,452,173$616,751,171$670,804,589$774,749,186$885,563,205
Contractual allowances and discountsunverified$446,730,654$470,994,786$477,985,232$511,900,011$586,555,578$673,226,785
Net patient revenueunverified$120,917,201$131,457,387$138,765,939$158,904,578$188,193,608$212,336,420
Total operating expensesunverified$136,662,389$148,944,902$154,640,497$189,975,047$193,971,565$213,964,243
Net income from service to patientsunverified$-15,745,188$-17,487,515$-15,874,558$-31,070,469$-5,777,957$-1,627,823
Net incomeunverified$1,291,078$6,900,074$-20,936,095$-20,482,264$-3,935,133$6,235,339
Cost of uncompensated careunverified$11,303,406$16,333,403$7,283,145$11,718,446$9,059,259$11,113,341
Total facility bad debt expenseunverified$14,830,994$7,368,536$7,229,679$18,474,905$17,336,362$19,528,019
Charity care charges and uninsured discountsunverified$39,621,770$68,576,942$25,735,816$29,279,617$26,204,401$29,192,910
Cost of charity careunverified$8,289,924$14,703,482$5,739,481$8,066,298$5,833,513$7,583,506
Operating marginunverified-13.0%-13.3%-11.4%-19.6%-3.1%-0.8%
Overall cost-to-charge ratiounverified24.1%24.7%25.1%28.3%25.0%24.2%
Occupancy rateunverified33.6%39.2%38.8%29.9%34.1%34.9%
Average length of stayunverified4.65.66.45.15.95.4
Uncompensated care as % of operating expenseunverified8.3%11.0%4.7%6.2%4.7%5.2%
Charity care cost-to-charge ratiounverified20.9%21.4%22.3%27.5%22.3%26.0%
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