PIEDMONT NEWNAN HOSPITAL, INC — financial and operating metrics

CCN 110229, NEWNAN, 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 availableunverified164164164177213227
Total bed days availableunverified60,02459,86059,86064,60577,95882,855
Total facility dischargesunverified11,08011,08611,41011,27712,12813,102
Total facility inpatient daysunverified47,41354,14858,27957,52157,85560,025
Total patient revenue (gross charges)unverified$1,402,253,070$1,615,176,658$1,788,239,784$2,003,411,049$2,177,029,217$2,357,770,978
Contractual allowances and discountsunverified$1,137,365,397$1,296,966,618$1,443,719,591$1,637,378,077$1,791,768,769$1,937,505,333
Net patient revenueunverified$264,887,673$318,210,040$344,520,193$366,032,972$385,260,448$420,265,645
Total operating expensesunverified$238,195,899$251,138,807$286,263,824$295,574,973$304,638,628$328,219,390
Net income from service to patientsunverified$26,691,774$67,071,233$58,256,369$70,457,999$80,621,820$92,046,255
Net incomeunverified$30,625,211$76,534,288$63,244,663$75,518,342$83,043,638$95,953,944
Cost of uncompensated careunverified$23,876,354$20,426,840$21,681,134$20,709,407$22,053,536$26,964,220
Total facility bad debt expenseunverified$11,334,913$19,082,587$27,716,903$30,164,687$28,206,517$31,620,013
Charity care charges and uninsured discountsunverified$110,576,936$102,523,816$94,304,507$89,295,085$100,675,932$124,395,763
Cost of charity careunverified$22,140,396$17,696,833$17,725,109$16,700,352$18,496,742$23,029,156
Operating marginunverified10.1%21.1%16.9%19.2%20.9%21.9%
Overall cost-to-charge ratiounverified17.0%15.5%16.0%14.8%14.0%13.9%
Occupancy rateunverified79.0%90.5%97.4%89.0%74.2%72.4%
Average length of stayunverified4.34.95.15.14.84.6
Uncompensated care as % of operating expenseunverified10.0%8.1%7.6%7.0%7.2%8.2%
Charity care cost-to-charge ratiounverified20.0%17.3%18.8%18.7%18.4%18.5%
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