SARASOTA MEMORIAL HOSPITAL — financial and operating metrics

CCN 100087, SARASOTA, 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 availableunverified724713787786791791
Total bed days availableunverified262,356265,197283,326285,141287,944288,715
Total facility dischargesunverified37,75339,02936,07640,53348,72248,203
Total facility inpatient daysunverified176,900199,066198,734224,423221,419217,308
Total patient revenue (gross charges)unverified$4,958,068,900$5,510,453,866$5,775,184,100$6,702,720,793$7,483,408,646$8,141,881,880
Contractual allowances and discountsunverified$4,082,362,522$4,492,672,103$4,677,739,604$5,454,886,320$6,102,833,838$6,633,195,917
Net patient revenueunverified$875,706,378$1,017,781,763$1,097,444,496$1,247,834,473$1,380,574,808$1,508,685,963
Total operating expensesunverified$927,314,961$1,093,092,004$1,008,298,827$1,113,965,048$1,228,160,961$1,330,600,549
Net income from service to patientsunverified$-51,608,583$-75,310,241$89,145,669$133,869,425$152,413,847$178,085,414
Net incomeunverified$226,224,643$214,729,529$179,237,768$223,381,076$257,785,920$289,399,350
Cost of uncompensated careunverified$46,516,593$37,888,898$39,897,144$37,864,814$42,204,471$39,308,559
Total facility bad debt expenseunverified$193,395,797$142,035,956$156,420,120$150,081,390$179,544,607$151,202,854
Charity care charges and uninsured discountsunverified$98,358,271$89,912,633$71,908,195$82,042,288$85,919,897$101,557,090
Cost of charity careunverified$16,336,600$15,445,163$12,898,334$13,320,606$13,727,083$15,967,734
Charges for insured patients' liabilityunverified$347,561$496,351$376,275
Operating marginunverified-5.9%-7.4%8.1%10.7%11.0%11.8%
Overall cost-to-charge ratiounverified18.7%19.8%17.5%16.6%16.4%16.3%
Occupancy rateunverified67.4%75.1%70.1%78.7%76.9%75.3%
Average length of stayunverified4.75.15.55.54.54.5
Uncompensated care as % of operating expenseunverified5.0%3.5%4.0%3.4%3.4%3.0%
Charity care cost-to-charge ratiounverified16.6%17.2%17.9%16.2%16.0%15.7%
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