PIEDMONT NEWTON HOSPITAL — financial and operating metrics

CCN 110018, COVINGTON, GA · 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 availableunverified9494949494100
Total bed days availableunverified34,40434,31034,31034,31034,40436,500
Total facility dischargesunverified5,0105,0345,6295,6276,6897,072
Total facility inpatient daysunverified19,63422,22228,80225,33924,92027,003
Total patient revenue (gross charges)unverified$571,955,447$666,905,260$803,999,811$947,849,102$1,117,207,997$1,332,522,586
Contractual allowances and discountsunverified$473,030,496$554,923,478$669,949,989$799,322,059$933,274,995$1,116,775,477
Net patient revenueunverified$98,924,951$111,981,782$134,049,822$148,527,043$183,933,002$215,747,109
Total operating expensesunverified$108,045,390$107,480,536$132,726,902$141,398,692$153,022,434$174,543,076
Net income from service to patientsunverified$-9,120,439$4,501,246$1,322,920$7,128,351$30,910,568$41,204,033
Net incomeunverified$-5,445,822$14,716,281$4,833,264$9,471,565$32,944,859$43,646,215
Cost of uncompensated careunverified$12,531,392$10,633,430$11,390,472$12,345,920$12,472,203$17,658,534
Total facility bad debt expenseunverified$6,015,813$10,847,697$17,511,986$16,491,376$18,607,891$20,443,454
Charity care charges and uninsured discountsunverified$61,672,398$51,438,855$51,818,164$53,348,799$58,285,290$78,168,914
Cost of charity careunverified$11,531,596$8,979,706$8,807,587$10,104,573$10,134,638$15,140,536
Operating marginunverified-9.2%4.0%1.0%4.8%16.8%19.1%
Overall cost-to-charge ratiounverified18.9%16.1%16.5%14.9%13.7%13.1%
Occupancy rateunverified57.1%64.8%83.9%73.9%72.4%74.0%
Average length of stayunverified3.94.45.14.53.73.8
Uncompensated care as % of operating expenseunverified11.6%9.9%8.6%8.7%8.2%10.1%
Charity care cost-to-charge ratiounverified18.7%17.5%17.0%18.9%17.4%19.4%
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