HENRY COUNTY MEMORIAL HOSPITAL — financial and operating metrics

CCN 150030, NEW CASTLE, IN · 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 availableunverified484848484848
Total bed days availableunverified17,56817,52017,52017,52017,56817,520
Total facility dischargesunverified2,2482,4372,1801,7971,7031,616
Total facility inpatient daysunverified8,3659,6849,3897,7267,1116,437
Total patient revenue (gross charges)unverified$318,114,069$392,509,977$426,026,169$456,295,703$504,477,704$550,502,718
Contractual allowances and discountsunverified$218,724,532$260,900,479$288,275,904$314,410,238$350,380,688$386,278,492
Net patient revenueunverified$99,389,537$131,609,498$137,750,265$141,885,465$154,097,016$164,224,226
Total operating expensesunverified$114,137,694$132,652,272$140,037,418$147,705,574$151,220,798$166,727,269
Net income from service to patientsunverified$-14,748,157$-1,042,774$-2,287,153$-5,820,109$2,876,218$-2,503,043
Net incomeunverified$4,728,631$6,894,877$258,473$3,558,165$10,825,985$8,827,069
Cost of uncompensated careunverified$3,438,884$2,468,058$2,977,402$3,630,801$2,950,757$2,299,513
Total facility bad debt expenseunverified$7,488,270$4,841,525$6,814,850$8,516,471$6,614,933$5,291,488
Charity care charges and uninsured discountsunverified$2,721,336$2,611,628$2,733,060$2,915,649$3,213,263$2,565,178
Cost of charity careunverified$1,014,616$975,378$953,444$1,178,551$1,176,652$862,573
Charges for insured patients' liabilityunverified$19,120$23,828
Operating marginunverified-14.8%-0.8%-1.7%-4.1%1.9%-1.5%
Overall cost-to-charge ratiounverified35.9%33.8%32.9%32.4%30.0%30.3%
Occupancy rateunverified47.6%55.3%53.6%44.1%40.5%36.7%
Average length of stayunverified3.74.04.34.34.24.0
Uncompensated care as % of operating expenseunverified3.0%1.9%2.1%2.5%2.0%1.4%
Charity care cost-to-charge ratiounverified37.3%37.3%34.9%40.4%36.6%33.6%
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