RICHLAND MEMORIAL HOSPITAL — financial and operating metrics

CCN 140147, OLNEY, IL · Medicare cost reports, FY2019–FY2024

Short reporting period. FY2024 (169 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
169d
Total facility beds availableunverified474747474747
Total bed days availableunverified17,15517,15517,15517,15517,1557,990
Total facility dischargesunverified1,8911,2181,1421,2181,282597
Total facility inpatient daysunverified8,0225,7604,7304,9845,3572,493
Total patient revenue (gross charges)unverified$208,799,718$174,054,673$202,538,854$193,808,549$246,153,289$134,253,505
Contractual allowances and discountsunverified$154,301,288$127,481,926$147,166,892$147,378,697$178,049,875$101,554,333
Net patient revenueunverified$54,498,430$46,572,747$55,371,962$46,429,852$68,103,414$32,699,172
Total operating expensesunverified$66,214,945$61,271,879$65,604,899$73,581,052$78,608,654$36,880,583
Net income from service to patientsunverified$-11,716,515$-14,699,132$-10,232,937$-27,151,200$-10,505,240$-4,181,411
Net incomeunverified$-10,328,852$-5,225,065$-7,793,194$-24,052,819$-9,976,802$-3,867,022
Cost of uncompensated careunverified$1,852,588$976,114$1,814,957$2,297,422$1,838,854$691,353
Total facility bad debt expenseunverified$1,455,383$763,440$2,572,339$2,805,845$3,828,352$1,160,727
Charity care charges and uninsured discountsunverified$3,075,067$1,765,041$1,914,016$3,283,612$2,125,372$1,218,190
Cost of charity careunverified$1,425,952$745,884$1,065,513$1,435,873$860,885$418,888
Charges for insured patients' liabilityunverified$239,921$1,031,910
Operating marginunverified-21.5%-31.6%-18.5%-58.5%-15.4%-12.8%
Overall cost-to-charge ratiounverified31.7%35.2%32.4%38.0%31.9%27.5%
Occupancy rateunverified46.8%33.6%27.6%29.1%31.2%31.2%
Average length of stayunverified4.24.74.14.14.24.2
Uncompensated care as % of operating expenseunverified2.8%1.6%2.8%3.1%2.3%1.9%
Charity care cost-to-charge ratiounverified46.4%42.3%55.7%43.7%40.5%34.4%
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