MEMORIAL HOSPITAL MIRAMAR — financial and operating metrics

CCN 100285, MIRAMAR, 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 availableunverified178178178178178178
Total bed days availableunverified64,97064,97064,97064,97065,14864,970
Total facility dischargesunverified7,8388,4739,78910,0699,88010,251
Total facility inpatient daysunverified34,06741,70145,60645,18144,71146,644
Total patient revenue (gross charges)unverified$1,184,995,085$1,301,942,746$1,485,876,555$1,586,889,627$1,820,648,745$1,820,648,745
Contractual allowances and discountsunverified$997,493,467$1,074,339,789$1,223,802,176$1,319,458,077$1,516,665,524$1,820,648,745
Net patient revenueunverified$187,501,618$227,602,957$262,074,379$267,431,550$303,983,221
Total operating expensesunverified$163,930,418$188,582,889$227,707,397$230,008,865$240,370,532$260,064,036
Net income from service to patientsunverified$23,571,200$39,020,068$34,366,982$37,422,685$63,612,689$-260,064,036
Net incomeunverified$27,726,506$60,781,906$39,759,038$44,419,654$71,281,121$-252,395,608
Cost of uncompensated careunverified$16,371,745$12,914,133$15,999,453$15,831,089$17,440,277$18,676,519
Total facility bad debt expenseunverified$26,685,335$253,650$10,556,475$9,171,454$12,539,084$18,050,908
Charity care charges and uninsured discountsunverified$67,599,374$56,544,426$63,772,078$74,504,165$81,194,538$69,712,057
Cost of charity careunverified$12,446,877$12,828,471$14,319,198$14,509,876$15,765,709$15,997,394
Charges for insured patients' liabilityunverified$731,444$1,205,160
Operating marginunverified12.6%17.1%13.1%14.0%20.9%
Overall cost-to-charge ratiounverified13.8%14.5%15.3%14.5%13.2%14.3%
Occupancy rateunverified52.4%64.2%70.2%69.5%68.6%71.8%
Average length of stayunverified4.34.94.74.54.54.6
Uncompensated care as % of operating expenseunverified10.0%6.8%7.0%6.9%7.3%7.2%
Charity care cost-to-charge ratiounverified18.4%22.7%22.5%19.5%19.4%22.9%
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