SACRED HEART HOSPITAL ON THE EMERALD COAST — financial and operating metrics

CCN 100292, MIRAMAR BEACH, 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 availableunverified728080808080
Total bed days availableunverified23,71229,20029,20029,20029,28029,200
Total facility dischargesunverified4,9665,0815,5255,7666,3606,318
Total facility inpatient daysunverified13,84415,75418,79818,19319,47519,598
Total patient revenue (gross charges)unverified$680,059,858$772,139,381$876,330,443$1,027,778,193$1,102,663,815$1,101,365,613
Contractual allowances and discountsunverified$559,929,195$623,854,863$710,380,589$839,875,307$904,463,517$898,887,554
Net patient revenueunverified$120,130,663$148,284,518$165,949,854$187,902,886$198,200,298$202,478,059
Total operating expensesunverified$111,364,797$123,284,811$148,519,375$157,567,633$164,355,858$168,725,652
Net income from service to patientsunverified$8,765,866$24,999,707$17,430,479$30,335,253$33,844,440$33,752,407
Net incomeunverified$11,974,132$29,618,345$19,323,430$32,493,749$34,314,431$34,524,617
Cost of uncompensated careunverified$9,795,334$9,515,742$10,478,790$13,081,144$11,584,031$14,023,304
Total facility bad debt expenseunverified$6,673,176$8,825,193$11,172,249$16,162,333$17,134,869$25,190,846
Charity care charges and uninsured discountsunverified$45,828,732$48,017,916$48,599,897$64,730,229$56,059,547$64,720,685
Cost of charity careunverified$8,761,662$8,157,567$8,694,312$10,758,506$9,200,145$10,521,192
Charges for insured patients' liabilityunverified$176,535$338,694
Operating marginunverified7.3%16.9%10.5%16.1%17.1%16.7%
Overall cost-to-charge ratiounverified16.4%16.0%16.9%15.3%14.9%15.3%
Occupancy rateunverified58.4%54.0%64.4%62.3%66.5%67.1%
Average length of stayunverified2.83.13.43.23.13.1
Uncompensated care as % of operating expenseunverified8.8%7.7%7.1%8.3%7.0%8.3%
Charity care cost-to-charge ratiounverified19.1%17.0%17.9%16.6%16.4%16.3%
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