SOUTH MIAMI HOSPITAL — financial and operating metrics

CCN 100154, 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 availableunverified436436375373336336
Total bed days availableunverified159,576159,576136,875136,023122,976122,640
Total facility dischargesunverified12,49113,47014,05617,21217,21217,073
Total facility inpatient daysunverified75,30781,71078,55977,61675,49073,665
Total patient revenue (gross charges)unverified$1,955,115,688$2,415,741,697$2,586,496,219$2,815,572,448$3,018,967,273$3,294,972,054
Contractual allowances and discountsunverified$1,448,223,346$1,796,134,653$1,898,081,649$2,088,577,911$2,238,472,174$2,452,134,155
Net patient revenueunverified$506,892,342$619,607,044$688,414,570$726,994,537$780,495,099$842,837,899
Total operating expensesunverified$483,132,642$542,844,409$608,395,506$618,952,164$651,822,720$724,151,776
Net income from service to patientsunverified$23,759,700$76,762,635$80,019,064$108,042,373$128,672,379$118,686,123
Net incomeunverified$50,157,281$102,067,828$90,272,052$117,140,358$139,586,473$152,959,942
Cost of uncompensated careunverified$25,312,632$23,825,331$25,021,777$26,536,042$23,971,299$25,489,442
Total facility bad debt expenseunverified$59,983,022$66,546,170$75,471,171$77,789,453$63,488,210$25,244,933
Charity care charges and uninsured discountsunverified$47,836,379$46,288,228$38,829,805$50,142,406$56,147,186$103,952,366
Cost of charity careunverified$11,172,569$9,883,574$8,481,186$10,326,327$11,184,182$20,347,013
Charges for insured patients' liabilityunverified$487,094$491,237
Operating marginunverified4.7%12.4%11.6%14.9%16.5%14.1%
Overall cost-to-charge ratiounverified24.7%22.5%23.5%22.0%21.6%22.0%
Occupancy rateunverified47.2%51.2%57.4%57.1%61.4%60.1%
Average length of stayunverified6.06.15.64.54.44.3
Uncompensated care as % of operating expenseunverified5.2%4.4%4.1%4.3%3.7%3.5%
Charity care cost-to-charge ratiounverified23.4%21.4%21.8%20.6%19.9%19.6%
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