MEMORIAL MEDICAL CENTER — financial and operating metrics

CCN 140148, SPRINGFIELD, IL · 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 availableunverified392393389407407407
Total bed days availableunverified143,564143,445141,971148,494148,962148,555
Total facility dischargesunverified19,65718,91819,17218,96619,92420,782
Total facility inpatient daysunverified101,862110,490115,865110,711113,536112,613
Total patient revenue (gross charges)unverified$2,518,648,015$2,770,061,088$2,916,665,035$3,175,066,476$3,411,442,104$3,655,224,659
Contractual allowances and discountsunverified$1,870,996,007$2,059,418,221$2,183,751,210$2,391,486,665$2,595,996,605$2,766,011,685
Net patient revenueunverified$647,652,008$710,642,867$732,913,825$783,579,811$815,445,499$889,212,974
Total operating expensesunverified$721,646,798$727,094,184$838,873,841$799,292,174$800,811,395$882,258,492
Net income from service to patientsunverified$-73,994,790$-16,451,317$-105,960,016$-15,712,363$14,634,104$6,954,482
Net incomeunverified$39,668,962$135,009,118$-80,814,949$3,564,942$43,860,404$24,089,436
Cost of uncompensated careunverified$7,668,944$7,408,975$6,959,569$6,953,681$8,062,891$10,819,936
Total facility bad debt expenseunverified$12,369,137$10,904,326$10,438,821$11,572,094$11,136,663$15,345,992
Charity care charges and uninsured discountsunverified$19,899,889$22,450,463$17,248,245$18,298,187$28,571,687$37,011,027
Cost of charity careunverified$4,586,175$4,613,630$4,128,186$4,166,201$5,606,804$7,449,692
Charges for insured patients' liabilityunverified$53,486$133,058$50,469
Operating marginunverified-11.4%-2.3%-14.5%-2.0%1.8%0.8%
Overall cost-to-charge ratiounverified28.7%26.2%28.8%25.2%23.5%24.1%
Occupancy rateunverified71.0%77.0%81.6%74.6%76.2%75.8%
Average length of stayunverified5.25.86.05.85.75.4
Uncompensated care as % of operating expenseunverified1.1%1.0%0.8%0.9%1.0%1.2%
Charity care cost-to-charge ratiounverified23.0%20.6%23.9%22.8%19.6%20.1%
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