PALMETTO GENERAL HOSPITAL — financial and operating metrics

CCN 100187, HIALEAH, FL · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2021 (211 days), FY2022 (272 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2020FY2021
211d
FY2022
272d
FY2023FY2024FY2025
Total facility beds availableunverified363360358358358241
Total bed days availableunverified132,97976,32097,734130,670131,02887,965
Total facility dischargesunverified17,21510,98713,17517,08315,01414,539
Total facility inpatient daysunverified76,47846,45855,68373,03069,38856,179
Total patient revenue (gross charges)unverified$2,348,209,752$1,618,824,329$2,079,751,180$2,835,973,826$2,756,586,540$2,414,830,059
Contractual allowances and discountsunverified$2,042,065,177$1,412,647,236$1,838,633,419$2,539,179,619$2,398,261,006$2,105,106,211
Net patient revenueunverified$306,144,575$206,177,093$241,117,761$296,794,207$358,325,534$309,723,848
Total operating expensesunverified$295,628,291$178,361,067$257,664,644$320,610,868$321,134,644$300,367,643
Net income from service to patientsunverified$10,516,284$27,816,026$-16,546,883$-23,816,661$37,190,890$9,356,205
Net incomeunverified$36,917,659$29,349,896$-12,703,545$-10,591,480$43,983,942$23,978,658
Cost of uncompensated careunverified$17,959,750$10,742,656$15,726,881$20,777,975$16,769,699$8,328,450
Total facility bad debt expenseunverified$26,001,167$16,540,749$26,038,232$40,626,382$25,658,402$2,471,321
Charity care charges and uninsured discountsunverified$140,647,475$87,365,703$102,368,891$141,332,039$125,641,628$72,984,522
Cost of charity careunverified$14,717,993$8,891,201$12,301,727$15,925,718$13,750,435$8,024,734
Operating marginunverified3.4%13.5%-6.9%-8.0%10.4%3.0%
Overall cost-to-charge ratiounverified12.6%11.0%12.4%11.3%11.6%12.4%
Occupancy rateunverified57.5%60.9%57.0%55.9%53.0%63.9%
Average length of stayunverified4.44.24.24.34.63.9
Uncompensated care as % of operating expenseunverified6.1%6.0%6.1%6.5%5.2%2.8%
Charity care cost-to-charge ratiounverified10.5%10.2%12.0%11.3%10.9%11.0%
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