FHN MEMORIAL HOSPITAL — financial and operating metrics

CCN 140160, FREEPORT, 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 availableunverified100100100100100100
Total bed days availableunverified36,60036,50036,50036,50036,60036,500
Total facility dischargesunverified3,0822,6992,9743,1833,2233,366
Total facility inpatient daysunverified11,88712,20714,19714,16313,93714,993
Total patient revenue (gross charges)unverified$521,154,551$594,485,532$630,563,508$648,520,046$626,904,395$671,085,261
Contractual allowances and discountsunverified$391,975,421$448,209,611$481,222,261$493,623,729$470,682,365$517,306,654
Net patient revenueunverified$129,179,130$146,275,921$149,341,247$154,896,317$156,222,030$153,778,607
Total operating expensesunverified$118,523,313$129,105,768$144,014,847$146,076,220$146,606,911$163,468,971
Net income from service to patientsunverified$10,655,817$17,170,153$5,326,400$8,820,097$9,615,119$-9,690,364
Net incomeunverified$10,032,370$30,862,856$14,990,261$22,376,160$12,871,522$9,958,435
Cost of uncompensated careunverified$3,323,239$2,616,517$3,026,142$2,088,332$1,542,744$3,809,482
Total facility bad debt expenseunverified$10,116,471$9,981,865$10,390,057$7,610,852$5,522,357$10,268,467
Charity care charges and uninsured discountsunverified$3,442,768$997,662$1,828,282$1,960,745$1,395,658$2,778,316
Cost of charity careunverified$1,067,883$515,274$742,044$451,486$310,620$1,516,561
Charges for insured patients' liabilityunverified$82,051
Operating marginunverified8.2%11.7%3.6%5.7%6.2%-6.3%
Overall cost-to-charge ratiounverified22.7%21.7%22.8%22.5%23.4%24.4%
Occupancy rateunverified32.5%33.4%38.9%38.8%38.1%41.1%
Average length of stayunverified3.94.54.84.44.34.5
Uncompensated care as % of operating expenseunverified2.8%2.0%2.1%1.4%1.1%2.3%
Charity care cost-to-charge ratiounverified31.0%51.6%40.6%23.0%22.3%54.6%
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