HOPEDALE HOSPITAL — financial and operating metrics

CCN 141330, HOPEDALE, 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 availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified276231189152200173
Total facility inpatient daysunverified2,0081,4141,4501,1161,5441,646
Total patient revenue (gross charges)unverified$58,786,119$64,175,265$70,456,192$83,522,075$94,140,367$102,732,115
Contractual allowances and discountsunverified$28,948,648$30,504,271$34,140,368$41,089,393$50,711,827$57,733,333
Net patient revenueunverified$29,837,471$33,670,994$36,315,824$42,432,682$43,428,540$44,998,782
Total operating expensesunverified$31,457,518$31,832,483$34,072,898$36,917,922$38,858,300$40,196,334
Net income from service to patientsunverified$-1,620,047$1,838,511$2,242,926$5,514,760$4,570,240$4,802,448
Net incomeunverified$3,374,529$5,125,777$4,006,468$10,434,926$8,488,831$10,779,310
Cost of uncompensated careunverified$642,507$518,410$553,141$531,735$654,907$714,937
Total facility bad debt expenseunverified$990,316$753,621$1,126,100$1,202,846$1,687,937$2,057,579
Charity care charges and uninsured discountsunverified$264,176$305,550$182,170$156,860$141,596$357,379
Cost of charity careunverified$243,124$235,515$133,326$132,418$131,151$105,678
Operating marginunverified-5.4%5.5%6.2%13.0%10.5%10.7%
Overall cost-to-charge ratiounverified53.5%49.6%48.4%44.2%41.3%39.1%
Occupancy rateunverified21.9%15.5%15.9%12.2%16.9%18.0%
Average length of stayunverified7.36.17.77.37.79.5
Uncompensated care as % of operating expenseunverified2.0%1.6%1.6%1.4%1.7%1.8%
Charity care cost-to-charge ratiounverified92.0%77.1%73.2%84.4%92.6%29.6%
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