ADVENTHEALTH LAKE WALES — financial and operating metrics

CCN 100099, LAKE WALES, 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 availableunverified939311142118118
Total bed days availableunverified28,27233,94551,83051,83043,18843,070
Total facility dischargesunverified4,1623,3153,4613,1343,7033,592
Total facility inpatient daysunverified13,88915,64917,58513,25914,65313,147
Total patient revenue (gross charges)unverified$420,269,364$532,870,159$647,981,265$738,452,354$860,096,494$846,235,554
Contractual allowances and discountsunverified$375,942,064$469,986,636$569,982,814$651,025,341$756,028,292$738,809,982
Net patient revenueunverified$44,327,300$62,883,523$77,998,451$87,427,013$104,068,202$107,425,572
Total operating expensesunverified$60,746,185$77,110,341$85,598,554$88,608,294$93,873,380$97,529,245
Net income from service to patientsunverified$-16,418,885$-14,226,818$-7,600,103$-1,181,281$10,194,822$9,896,327
Net incomeunverified$-15,083,159$-8,780,399$-5,754,595$-75,308$12,758,860$12,207,511
Cost of uncompensated careunverified$4,582,982$5,032,338$3,001,790$5,459,117$6,278,954$6,278,835
Total facility bad debt expenseunverified$4,019,762$1,718,816$4,385,214$9,827,382$8,312,723$5,934,215
Charity care charges and uninsured discountsunverified$30,218,044$32,835,798$21,192,656$40,109,398$48,557,710$46,398,867
Cost of charity careunverified$3,975,487$4,716,220$2,455,370$4,394,426$5,452,813$5,631,620
Charges for insured patients' liabilityunverified$1,100,944
Operating marginunverified-37.0%-22.6%-9.7%-1.4%9.8%9.2%
Overall cost-to-charge ratiounverified14.5%14.5%13.2%12.0%10.9%11.5%
Occupancy rateunverified49.1%46.1%33.9%25.6%33.9%30.5%
Average length of stayunverified3.34.75.14.24.03.7
Uncompensated care as % of operating expenseunverified7.5%6.5%3.5%6.2%6.7%6.4%
Charity care cost-to-charge ratiounverified13.2%14.4%11.6%11.0%11.2%12.1%
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