CCN 100034, MIAMI 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 481 | 481 | 481 | 481 | 481 | 501 |
| Total bed days availableunverified | 176,046 | 175,565 | 175,565 | 175,565 | 176,046 | 182,865 |
| Total facility dischargesunverified | 21,315 | 24,586 | 24,831 | 25,238 | 26,519 | 25,629 |
| Total facility inpatient daysunverified | 105,792 | 122,208 | 119,307 | 122,434 | 121,989 | 116,417 |
| Total patient revenue (gross charges)unverified | $2,702,650,116 | $3,305,769,599 | $3,539,423,810 | $3,927,757,810 | $4,186,942,227 | $4,006,074,778 |
| Contractual allowances and discountsunverified | $2,054,162,559 | $2,458,421,593 | $2,635,241,457 | $2,956,318,983 | $3,153,269,859 | $3,355,010,118 |
| Net patient revenueunverified | $648,487,557 | $847,348,006 | $904,182,353 | $971,438,827 | $1,033,672,368 | $651,064,660 |
| Total operating expensesunverified | $644,714,212 | $734,754,947 | $793,803,048 | $885,632,545 | $992,287,988 | $1,098,347,514 |
| Net income from service to patientsunverified | $3,773,345 | $112,593,059 | $110,379,305 | $85,806,282 | $41,384,380 | $-447,282,854 |
| Net incomeunverified | $-3,550,855 | $37,271,315 | $17,977,712 | $75,517,368 | $121,264,984 | $-333,225,112 |
| Cost of uncompensated careunverified | $34,694,227 | $33,575,167 | $38,897,067 | $28,604,839 | $37,937,182 | $41,067,278 |
| Total facility bad debt expenseunverified | $81,530,946 | $82,758,376 | $119,531,067 | $49,536,064 | $43,202,653 | $55,293,164 |
| Charity care charges and uninsured discountsunverified | $113,284,645 | $115,292,722 | $111,920,654 | $110,259,835 | $155,986,023 | $160,936,855 |
| Cost of charity careunverified | $19,937,165 | $19,293,531 | $18,461,116 | $19,547,281 | $29,833,497 | $30,206,226 |
| Charges for insured patients' liabilityunverified | — | — | — | — | — | $3,744,390 |
| Operating marginunverified | 0.6% | 13.3% | 12.2% | 8.8% | 4.0% | -68.7% |
| Overall cost-to-charge ratiounverified | 23.9% | 22.2% | 22.4% | 22.5% | 23.7% | 27.4% |
| Occupancy rateunverified | 60.1% | 69.6% | 68.0% | 69.7% | 69.3% | 63.7% |
| Average length of stayunverified | 5.0 | 5.0 | 4.8 | 4.9 | 4.6 | 4.5 |
| Uncompensated care as % of operating expenseunverified | 5.4% | 4.6% | 4.9% | 3.2% | 3.8% | 3.7% |
| Charity care cost-to-charge ratiounverified | 17.6% | 16.7% | 16.5% | 17.7% | 19.1% | 18.8% |