MEMORIAL REGIONAL HOSPITAL — financial and operating metrics

CCN 100038, HOLLYWOOD, 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 availableunverified772772772838838829
Total bed days availableunverified281,079281,780281,780300,297306,882305,069
Total facility dischargesunverified27,11728,01130,94831,90432,87434,400
Total facility inpatient daysunverified196,252202,630223,561233,014230,215226,800
Total patient revenue (gross charges)unverified$6,900,809,787$6,977,743,327$8,329,281,578$9,057,383,406$10,653,857,132$12,008,894,941
Contractual allowances and discountsunverified$5,808,467,968$5,848,532,878$6,950,796,895$7,604,730,359$9,023,602,773$10,234,697,394
Net patient revenueunverified$1,092,341,819$1,129,210,449$1,378,484,683$1,452,653,047$1,630,254,359$1,774,197,547
Total operating expensesunverified$2,163,705,640$1,379,934,593$1,627,844,366$1,753,759,912$3,157,617,445$3,432,552,026
Net income from service to patientsunverified$-1,071,363,821$-250,724,144$-249,359,683$-301,106,865$-1,527,363,086$-1,658,354,479
Net incomeunverified$-812,047,969$113,981,138$-119,130,692$-10,335,446$41,621,987$-1,114,364,021
Cost of uncompensated careunverified$108,766,245$86,704,176$75,342,346$79,795,639$73,901,759$80,039,270
Total facility bad debt expenseunverified$78,034,948$2,455,198$15,239,715$28,039,358$43,734,291$61,938,859
Charity care charges and uninsured discountsunverified$597,492,188$464,142,952$409,344,540$446,655,953$414,977,354$437,624,968
Cost of charity careunverified$96,297,016$85,844,857$72,728,663$75,424,076$67,740,620$70,298,994
Charges for insured patients' liabilityunverified$8,080,883$20,403,549
Operating marginunverified-98.1%-22.2%-18.1%-20.7%-93.7%-93.5%
Overall cost-to-charge ratiounverified31.4%19.8%19.5%19.4%29.6%28.6%
Occupancy rateunverified69.8%71.9%79.3%77.6%75.0%74.3%
Average length of stayunverified7.27.27.27.37.06.6
Uncompensated care as % of operating expenseunverified5.0%6.3%4.6%4.5%2.3%2.3%
Charity care cost-to-charge ratiounverified16.1%18.5%17.8%16.9%16.3%16.1%
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