SOUTHEASTERN REGIONAL MEDICAL CENTER, INC — financial and operating metrics

CCN 110233, 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 availableunverified505050505050
Total bed days availableunverified18,30018,25022,85018,25018,30018,250
Total facility dischargesunverified1,4511,3641,4289339481,151
Total facility inpatient daysunverified7,0446,1186,9704,3924,3154,686
Total patient revenue (gross charges)unverified$2,611,668,708$1,274,371,703$1,442,749,652
Contractual allowances and discountsunverified$1,048,728,000$1,029,716,458$1,162,132,847
Net patient revenueunverified$1,562,940,708$244,655,245$280,616,805
Total operating expensesunverified$393,568,869$314,602,645$312,153,607$217,915,949$279,306,399$282,354,014
Net income from service to patientsunverified$-393,568,869$-314,602,645$-312,153,607$1,345,024,759$-34,651,154$-1,737,209
Net incomeunverified$-393,568,869$-314,602,645$-312,153,607$1,345,024,759$-27,976,328$2,906,940
Cost of uncompensated careunverified$53,390,779$18,492,867$23,329,488$18,900,838$141,992,838$21,660,629
Total facility bad debt expenseunverified$4,153,466$2,066,415$7,316,125$7,506,260$3,240,206$3,631,774
Charity care charges and uninsured discountsunverified$55,540,317$21,119,237$30,061,519$29,350,776$141,413,610$25,116,497
Cost of charity careunverified$52,417,066$17,996,989$21,805,461$17,497,920$141,338,360$20,969,746
Operating marginunverified86.1%-14.2%-0.6%
Overall cost-to-charge ratiounverified8.3%21.9%19.6%
Occupancy rateunverified38.5%33.5%30.5%24.1%23.6%25.7%
Average length of stayunverified4.94.54.94.74.64.1
Uncompensated care as % of operating expenseunverified13.6%5.9%7.5%8.7%50.8%7.7%
Charity care cost-to-charge ratiounverified94.4%85.2%72.5%59.6%99.9%83.5%
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