UNIVERSITY OF MIAMI HOSP & CLINICS — financial and operating metrics

CCN 100079, MIAMI, 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 availableunverified553553564532538538
Total bed days availableunverified202,215201,845205,860194,180196,908196,370
Total facility dischargesunverified17,02015,86317,33317,84819,19519,585
Total facility inpatient daysunverified105,318115,235135,674132,625137,096131,535
Total patient revenue (gross charges)unverified$7,879,602,701$9,239,731,752$10,904,781,380$12,321,108,172$13,967,366,060$15,992,918,755
Contractual allowances and discountsunverified$6,265,715,481$7,221,261,874$8,613,841,498$9,957,440,854$11,254,388,864$12,917,318,740
Net patient revenueunverified$1,613,887,220$2,018,469,878$2,290,939,882$2,363,667,318$2,712,977,196$3,075,600,015
Total operating expensesunverified$1,922,460,227$1,712,520,477$2,122,865,035$2,341,297,545$2,561,328,821$2,795,510,362
Net income from service to patientsunverified$-308,573,007$305,949,401$168,074,847$22,369,773$151,648,375$280,089,653
Net incomeunverified$-179,752,558$417,444,732$291,872,482$353,196,419$540,364,050$648,411,557
Operating marginunverified-19.1%15.2%7.3%0.9%5.6%9.1%
Overall cost-to-charge ratiounverified24.4%18.5%19.5%19.0%18.3%17.5%
Occupancy rateunverified52.1%57.1%65.9%68.3%69.6%67.0%
Average length of stayunverified6.27.37.87.47.16.7
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