SARASOTA MEMORIAL HOSPITAL - VENICE — financial and operating metrics

CCN 100359, NORTH VENICE, FL · Medicare cost reports, FY2022–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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MetricFY2022FY2023FY2024FY2025
Total facility beds availableunverified110110178212
Total bed days availableunverified34,43040,15052,63676,190
Total facility dischargesunverified7,80011,13213,90515,795
Total facility inpatient daysunverified30,59142,00851,28766,553
Total patient revenue (gross charges)unverified$778,510,841$1,357,956,352$1,660,295,279$2,019,279,486
Contractual allowances and discountsunverified$643,875,201$1,133,515,172$1,390,171,753$1,672,534,392
Net patient revenueunverified$134,635,640$224,441,180$270,123,526$346,745,094
Total operating expensesunverified$174,327,248$212,001,689$262,534,934$314,985,801
Net income from service to patientsunverified$-39,691,608$12,439,491$7,588,592$31,759,293
Net incomeunverified$-41,920,591$9,504,144$8,706,430$38,245,011
Cost of uncompensated careunverified$2,266,643$6,343,098$7,911,237$8,292,965
Total facility bad debt expenseunverified$7,819,654$26,254,549$36,095,927$31,335,995
Charity care charges and uninsured discountsunverified$2,384,606$7,325,409$10,231,314$18,166,459
Cost of charity careunverified$553,414$1,645,175$1,796,798$3,128,609
Charges for insured patients' liabilityunverified$-40,395$204,143
Operating marginunverified-29.5%5.5%2.8%9.2%
Overall cost-to-charge ratiounverified22.4%15.6%15.8%15.6%
Occupancy rateunverified88.8%104.6%97.4%87.4%
Average length of stayunverified3.93.83.74.2
Uncompensated care as % of operating expenseunverified1.3%3.0%3.0%2.6%
Charity care cost-to-charge ratiounverified23.2%22.5%17.6%17.2%
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