NICKLAUS CHILDREN'S HOSPITAL — financial and operating metrics

CCN 103301, MIAMI, 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 availableunverified309277259278278278
Total bed days availableunverified113,094101,10594,535101,748101,748101,470
Total facility dischargesunverified8,1709,50910,02910,48610,69510,302
Total facility inpatient daysunverified56,72060,45760,90165,20960,43258,296
Total patient revenue (gross charges)unverified$1,574,513,891$2,016,673,086$2,387,879,352$2,888,406,588$3,013,159,689
Contractual allowances and discountsunverified$1,083,782,617$1,301,792,437$1,618,595,406$1,928,623,325$2,085,785,328
Net patient revenueunverified$490,731,274$714,880,649$769,283,946$959,783,263$927,374,361
Total operating expensesunverified$635,857,548$641,623,081$726,912,499$822,224,035$884,847,440$893,943,189
Net income from service to patientsunverified$-145,126,274$73,257,568$42,371,447$-822,224,035$74,935,823$33,431,172
Net incomeunverified$12,647,141$76,185,480$-4,304,606$-822,224,035$120,743,308$111,115,728
Cost of uncompensated careunverified$5,648,227$7,148,233$8,480,529
Charity care charges and uninsured discountsunverified$13,552,216$30,730,548$35,786,750
Cost of charity careunverified$5,648,227$7,148,233$8,480,529
Operating marginunverified-29.6%10.2%5.5%7.8%3.6%
Overall cost-to-charge ratiounverified40.4%31.8%30.4%30.6%29.7%
Occupancy rateunverified50.2%59.8%64.4%64.1%59.4%57.5%
Average length of stayunverified6.96.46.16.25.75.7
Uncompensated care as % of operating expenseunverified0.8%0.9%1.0%
Charity care cost-to-charge ratiounverified41.7%23.3%23.7%
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