NORTH SHORE MEDICAL CENTER — financial and operating metrics

CCN 100029, MIAMI, FL · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2021 (60 days), FY2022 (272 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2020FY2021
60d
FY2022
272d
FY2023FY2024FY2025
Total facility beds availableunverified718748748748748748
Total bed days availableunverified262,41545,628204,204273,020273,768273,020
Total facility dischargesunverified23,7903,79615,74119,11015,05511,600
Total facility inpatient daysunverified121,02917,96480,81995,23870,42552,951
Total patient revenue (gross charges)unverified$3,444,215,425$612,412,644$2,715,159,445$3,347,599,260$2,659,060,709$2,149,021,448
Contractual allowances and discountsunverified$3,124,212,642$553,679,015$2,438,279,433$2,978,111,718$2,397,022,600$1,958,984,863
Net patient revenueunverified$320,002,783$58,733,629$276,880,012$369,487,542$262,038,109$190,036,585
Total operating expensesunverified$369,418,942$58,069,899$276,270,501$354,390,032$325,233,711$278,844,295
Net income from service to patientsunverified$-49,416,159$663,730$609,511$15,097,510$-63,195,602$-88,807,710
Net incomeunverified$-42,632,586$1,765,034$4,887,579$23,714,509$-55,429,185$-34,719,420
Cost of uncompensated careunverified$35,863,164$3,869,189$21,032,868$30,745,037$27,092,306$18,365,282
Total facility bad debt expenseunverified$41,893,243$4,583,659$22,678,962$25,784,017$39,148,722$13,699,369
Charity care charges and uninsured discountsunverified$312,429,507$38,886,903$181,163,613$256,020,696$195,231,409$154,488,990
Cost of charity careunverified$30,925,400$3,333,751$18,265,097$27,636,922$22,344,625$16,826,786
Operating marginunverified-15.4%1.1%0.2%4.1%-24.1%-46.7%
Overall cost-to-charge ratiounverified10.7%9.5%10.2%10.6%12.2%13.0%
Occupancy rateunverified46.1%39.4%39.6%34.9%25.7%19.4%
Average length of stayunverified5.14.75.15.04.74.6
Uncompensated care as % of operating expenseunverified9.7%6.7%7.6%8.7%8.3%6.6%
Charity care cost-to-charge ratiounverified9.9%8.6%10.1%10.8%11.4%10.9%
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