FAYETTE REGIONAL HEALTH SYSTEM — financial and operating metrics

CCN 150064, CONNERSVILLE, IN · Medicare cost reports, FY2017–FY2019

Short reporting period. FY2019 (287 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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MetricFY2017FY2018FY2019
287d
Total facility beds availableunverified454545
Total bed days availableunverified16,42516,42512,960
Total facility dischargesunverified6881,007997
Total facility inpatient daysunverified2,3583,5453,588
Total patient revenue (gross charges)unverified$106,148,857$103,940,510$67,311,086
Contractual allowances and discountsunverified$64,349,406$65,777,325$39,590,781
Net patient revenueunverified$41,799,451$38,163,185$27,720,305
Total operating expensesunverified$49,376,826$53,325,094$34,431,419
Net income from service to patientsunverified$-7,577,375$-15,161,909$-6,711,114
Net incomeunverified$-201,676$-1,793,134$-5,582,644
Cost of uncompensated careunverified$1,047,996$1,947,062$50,788
Total facility bad debt expenseunverified$2,004,078$4,455,899$145,109
Charity care charges and uninsured discountsunverified$1,017,605$633,726
Cost of charity careunverified$352,627$243,264
Operating marginunverified-18.1%-39.7%-24.2%
Overall cost-to-charge ratiounverified46.5%51.3%51.2%
Occupancy rateunverified14.4%21.6%27.7%
Average length of stayunverified3.43.53.6
Uncompensated care as % of operating expenseunverified2.1%3.7%0.1%
Charity care cost-to-charge ratiounverified34.7%38.4%
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