HCA FLORIDA PALMS WEST HOSPITAL — financial and operating metrics

CCN 100269, LOXAHATCHEE, 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 availableunverified204204204206206206
Total bed days availableunverified74,66474,46074,46074,70075,39675,190
Total facility dischargesunverified12,45212,39512,97413,56114,57114,548
Total facility inpatient daysunverified52,84955,38057,82556,30358,11556,879
Total patient revenue (gross charges)unverified$1,656,236,243$1,747,460,183$2,085,196,280$2,361,645,025$2,790,901,809$2,932,218,538
Contractual allowances and discountsunverified$1,472,778,151$1,543,230,713$1,863,864,874$2,128,538,050$2,517,414,086$2,660,275,180
Net patient revenueunverified$183,458,092$204,229,470$221,331,406$233,106,975$273,487,723$271,943,358
Total operating expensesunverified$142,236,099$141,562,425$168,302,088$155,438,936$164,022,829$161,086,128
Net income from service to patientsunverified$41,221,993$62,667,045$53,029,318$77,668,039$109,464,894$110,857,230
Net incomeunverified$42,426,202$63,607,745$54,166,443$79,129,914$111,844,561$112,183,592
Cost of uncompensated careunverified$15,317,701$10,363,938$11,230,474$12,747,931$14,471,530$16,394,478
Total facility bad debt expenseunverified$17,959,594$17,904,383$13,690,912$13,662,433$14,410,529$16,409,361
Charity care charges and uninsured discountsunverified$147,790,121$93,743,017$108,298,258$138,256,393$183,588,707$206,210,724
Cost of charity careunverified$13,450,144$8,571,877$9,904,259$11,544,255$13,335,437$15,171,755
Charges for insured patients' liabilityunverified$5,973,158$4,862,372
Operating marginunverified22.5%30.7%24.0%33.3%40.0%40.8%
Overall cost-to-charge ratiounverified8.6%8.1%8.1%6.6%5.9%5.5%
Occupancy rateunverified70.8%74.4%77.7%75.4%77.1%75.6%
Average length of stayunverified4.24.54.54.24.03.9
Uncompensated care as % of operating expenseunverified10.8%7.3%6.7%8.2%8.8%10.2%
Charity care cost-to-charge ratiounverified9.1%9.1%9.1%8.3%7.3%7.4%
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