GALESBURG COTTAGE HOSPITAL — financial and operating metrics

CCN 140040, GALESBURG, IL · Medicare cost reports, FY2018–FY2021

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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MetricFY2018FY2019FY2020FY2021
Total facility beds availableunverified83969696
Total bed days availableunverified30,29535,04035,13635,136
Total facility dischargesunverified2,1251,7101,188884
Total facility inpatient daysunverified8,1396,8554,1183,236
Total patient revenue (gross charges)unverified$385,907,758$352,952,408$302,070,452$261,656,545
Contractual allowances and discountsunverified$324,397,373$301,919,030$260,257,603$174,946,023
Net patient revenueunverified$61,510,385$51,033,378$41,812,849$86,710,522
Total operating expensesunverified$55,164,854$53,474,476$50,450,301$15,223,048
Net income from service to patientsunverified$6,345,531$-2,441,098$-8,637,452$71,487,474
Net incomeunverified$6,319,250$-2,402,879$-8,625,652$71,843,981
Cost of uncompensated careunverified$697,368$919,696$849,620$4,585
Total facility bad debt expenseunverified$2,376,391$2,361,800$3,358,276$96,272
Charity care charges and uninsured discountsunverified$2,663,481$1,599,501$1,888,310$2,302
Cost of charity careunverified$313,276$555,474$326,891$107
Operating marginunverified10.3%-4.8%-20.7%82.4%
Overall cost-to-charge ratiounverified14.3%15.2%16.7%5.8%
Occupancy rateunverified26.9%19.6%11.7%9.2%
Average length of stayunverified3.84.03.53.7
Uncompensated care as % of operating expenseunverified1.3%1.7%1.7%0.0%
Charity care cost-to-charge ratiounverified11.8%34.7%17.3%4.6%
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