SSH - PANAMA CITY INC — financial and operating metrics

CCN 102017, PANAMA CITY, FL · Medicare cost reports, FY2018–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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MetricFY2018FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified303030303030
Total bed days availableunverified10,95010,95010,95010,95010,98010,950
Total facility dischargesunverified387339353404357382
Total facility inpatient daysunverified10,4498,9459,2709,3049,4299,312
Total patient revenue (gross charges)unverified$64,036,701$76,607,116$94,921,299$111,323,925$150,260,274$183,944,074
Contractual allowances and discountsunverified$46,422,789$60,401,178$77,411,052$94,071,881$130,808,006$164,222,962
Net patient revenueunverified$17,613,912$16,205,938$17,510,247$17,252,044$19,452,268$19,721,112
Total operating expensesunverified$13,228,815$14,411,650$15,708,570$11,171,925$16,496,903$16,561,955
Net income from service to patientsunverified$4,385,097$1,794,288$1,801,677$6,080,119$2,955,365$3,159,157
Net incomeunverified$2,203,547$2,268,327$-566$2,341,729$1,756,365$940,912
Operating marginunverified24.9%11.1%10.3%35.2%15.2%16.0%
Overall cost-to-charge ratiounverified20.7%18.8%16.5%10.0%11.0%9.0%
Occupancy rateunverified95.4%81.7%84.7%85.0%85.9%85.0%
Average length of stayunverified27.026.426.323.026.424.4
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