OVIEDO MEDICAL CENTER — financial and operating metrics

CCN 100329, OVIEDO, 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 availableunverified646464586496
Total bed days availableunverified23,36023,36023,36021,17023,42429,062
Total facility dischargesunverified3,8904,7524,7284,1955,3045,654
Total facility inpatient daysunverified14,13618,51919,02716,39717,21017,849
Total patient revenue (gross charges)unverified$672,132,472$870,728,722$984,382,074$1,128,534,862$1,311,149,030$1,478,522,803
Contractual allowances and discountsunverified$583,508,690$762,214,589$873,440,569$1,003,047,856$1,174,981,946$1,328,196,754
Net patient revenueunverified$88,623,782$108,514,133$110,941,505$125,487,006$136,167,084$150,326,049
Total operating expensesunverified$84,705,250$96,490,812$102,777,365$117,806,675$132,220,623$145,916,449
Net income from service to patientsunverified$3,918,532$12,023,321$8,164,140$7,680,331$3,946,461$4,409,600
Net incomeunverified$4,486,546$12,624,379$8,738,556$8,489,399$4,608,994$4,505,666
Cost of uncompensated careunverified$7,584,201$8,405,465$9,050,282$7,227,644$8,538,281$12,049,669
Total facility bad debt expenseunverified$7,507,462$8,599,957$10,119,569$8,286,623$7,453,269$10,387,934
Charity care charges and uninsured discountsunverified$63,089,654$64,824,835$74,127,760$58,384,056$75,437,763$117,799,048
Cost of charity careunverified$6,758,180$7,511,791$8,076,397$6,457,351$7,868,308$11,206,992
Charges for insured patients' liabilityunverified$57,050$1,681,263$1,654,700
Operating marginunverified4.4%11.1%7.4%6.1%2.9%2.9%
Overall cost-to-charge ratiounverified12.6%11.1%10.4%10.4%10.1%9.9%
Occupancy rateunverified60.5%79.3%81.5%77.5%73.5%61.4%
Average length of stayunverified3.63.94.03.93.23.2
Uncompensated care as % of operating expenseunverified9.0%8.7%8.8%6.1%6.5%8.3%
Charity care cost-to-charge ratiounverified10.7%11.6%10.9%11.1%10.4%9.5%
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