KERALTY HOSPITAL — financial and operating metrics

CCN 100284, MIAMI, 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 availableunverified989898989898
Total bed days availableunverified35,77035,86835,77035,77035,77035,868
Total facility dischargesunverified2,7031,9511,8443,3264,0552,238
Total facility inpatient daysunverified13,60814,46413,03010,60611,50711,061
Total patient revenue (gross charges)unverified$177,761,580$127,429,805$158,762,191$156,283,039$355,389,325$180,950,968
Contractual allowances and discountsunverified$142,563,682$99,992,940$124,028,420$122,335,054$312,643,405$138,691,113
Net patient revenueunverified$35,197,898$27,436,865$34,733,771$33,947,985$42,745,920$42,259,855
Total operating expensesunverified$43,865,402$41,424,819$47,732,667$55,771,767$65,022,885$62,697,096
Net income from service to patientsunverified$-8,667,504$-13,987,954$-12,998,896$-21,823,782$-22,276,965$-20,437,241
Net incomeunverified$-1,848,961$-729,723$-5,108,536$-11,031,748$-7,902,092$-9,137,829
Cost of uncompensated careunverified$3,451,121$3,525,786$2,973,082$924,127$627,242$2,403,077
Total facility bad debt expenseunverified$5,790,175$5,003,352$4,738,677$2,079,629$2,006,954$5,399,132
Charity care charges and uninsured discountsunverified$6,007,701$4,533,062$3,280,162$776,360$451,003$2,233,629
Cost of charity careunverified$2,306,860$2,082,088$1,692,552$268,468$137,508$698,018
Operating marginunverified-24.6%-51.0%-37.4%-64.3%-52.1%-48.4%
Overall cost-to-charge ratiounverified24.7%32.5%30.1%35.7%18.3%34.6%
Occupancy rateunverified38.0%40.3%36.4%29.7%32.2%30.8%
Average length of stayunverified5.07.47.13.22.84.9
Uncompensated care as % of operating expenseunverified7.9%8.5%6.2%1.7%1.0%3.8%
Charity care cost-to-charge ratiounverified38.4%45.9%51.6%34.6%30.5%31.3%
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