MORTON PLANT HOSPITAL — financial and operating metrics

CCN 100127, CLEARWATER, FL · Medicare cost reports, FY2019–FY2024

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified558569569561569569
Total bed days availableunverified203,816208,254207,685207,485207,685208,254
Total facility dischargesunverified26,70822,24425,50925,61925,52127,451
Total facility inpatient daysunverified128,952116,105126,684128,317122,578129,106
Total patient revenue (gross charges)unverified$2,935,794,832$2,797,639,092$3,124,014,727$3,290,820,134$3,502,800,939$3,933,206,318
Contractual allowances and discountsunverified$2,249,111,718$2,143,652,752$2,388,508,454$2,517,760,583$2,700,894,663$3,038,016,715
Net patient revenueunverified$686,683,114$653,986,340$735,506,273$773,059,551$801,906,276$895,189,603
Total operating expensesunverified$623,986,309$625,351,874$679,948,250$713,746,736$747,069,532$808,981,786
Net income from service to patientsunverified$62,696,805$28,634,466$55,558,023$59,312,815$54,836,744$86,207,817
Net incomeunverified$71,468,986$66,460,011$69,502,262$66,581,648$65,937,862$97,313,011
Cost of uncompensated careunverified$44,366,059$39,517,716$36,195,644$37,002,747$36,788,534$38,280,224
Total facility bad debt expenseunverified$31,839,404$32,699,365$31,282,306$41,111,375$34,937,069$30,562,353
Charity care charges and uninsured discountsunverified$187,311,960$154,857,235$148,116,464$138,110,372$147,979,139$163,377,054
Cost of charity careunverified$38,057,624$32,846,016$30,070,627$28,713,536$30,018,277$32,567,983
Charges for insured patients' liabilityunverified$3,816,674$4,644,632
Operating marginunverified9.1%4.4%7.6%7.7%6.8%9.6%
Overall cost-to-charge ratiounverified21.3%22.4%21.8%21.7%21.3%20.6%
Occupancy rateunverified63.3%55.8%61.0%61.8%59.0%62.0%
Average length of stayunverified4.85.25.05.04.84.7
Uncompensated care as % of operating expenseunverified7.1%6.3%5.3%5.2%4.9%4.7%
Charity care cost-to-charge ratiounverified20.3%21.2%20.3%20.8%20.3%19.9%
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