LAKELAND REGIONAL MEDICAL CENTER — financial and operating metrics

CCN 100157, LAKELAND, 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 availableunverified774774764764782782
Total bed days availableunverified283,284282,510278,860278,860286,212285,430
Total facility dischargesunverified39,57941,52940,44044,04048,21647,200
Total facility inpatient daysunverified190,823213,411209,204218,393236,959239,041
Total patient revenue (gross charges)unverified$4,489,260,023$4,859,693,980$5,009,500,896$5,231,249,447$5,672,233,621$5,904,585,162
Contractual allowances and discountsunverified$3,723,255,855$3,984,253,008$4,081,474,860$4,197,886,087$4,489,757,822$4,603,291,438
Net patient revenueunverified$766,004,168$875,440,972$928,026,036$1,033,363,360$1,182,475,799$1,301,293,724
Total operating expensesunverified$728,912,962$800,614,463$889,226,125$942,050,430$1,041,544,333$1,156,450,781
Net income from service to patientsunverified$37,091,206$74,826,509$38,799,911$91,312,930$140,931,466$144,842,943
Net incomeunverified$66,724,823$96,700,607$65,096,610$114,419,742$163,564,438$170,344,129
Cost of uncompensated careunverified$70,443,340$58,922,997$69,560,519$65,303,132$68,421,109$67,705,139
Total facility bad debt expenseunverified$131,221,414$71,666,447$98,206,293$91,744,228$93,101,333$79,991,958
Charity care charges and uninsured discountsunverified$330,693,958$294,020,776$300,728,561$282,876,059$301,176,784$289,325,641
Cost of charity careunverified$50,049,796$47,049,323$52,555,584$49,263,370$52,277,648$52,998,814
Charges for insured patients' liabilityunverified$6,167,644$5,438,037$6,231,539
Operating marginunverified4.8%8.5%4.2%8.8%11.9%11.1%
Overall cost-to-charge ratiounverified16.2%16.5%17.8%18.0%18.4%19.6%
Occupancy rateunverified67.4%75.5%75.0%78.3%82.8%83.7%
Average length of stayunverified4.85.15.25.04.95.1
Uncompensated care as % of operating expenseunverified9.7%7.4%7.8%6.9%6.6%5.9%
Charity care cost-to-charge ratiounverified15.1%16.0%17.5%17.4%17.4%18.3%
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