FRANCISCAN BEACON HOSPITAL — financial and operating metrics

CCN 150191, LAPORTE, IN · Medicare cost reports, FY2021–FY2024

Short reporting period. FY2021 (282 days), FY2024 (59 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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MetricFY2021
282d
FY2022FY2023FY2024
59d
Total facility beds availableunverified888
Total bed days availableunverified2,2562,9202,920480
Total facility dischargesunverified974910
Total facility inpatient daysunverified25611415.0
Total patient revenue (gross charges)unverified$22,964,170$34,345,328$36,306,405$5,147,160
Contractual allowances and discountsunverified$18,427,980$26,603,660$27,462,790$4,147,780
Net patient revenueunverified$4,536,190$7,741,668$8,843,615$999,380
Total operating expensesunverified$7,826,426$11,101,927$11,250,583$2,289,254
Net income from service to patientsunverified$-3,290,236$-3,360,259$-2,406,968$-1,289,874
Net incomeunverified$-3,280,294$-3,353,754$-2,264,572$-1,225,527
Cost of uncompensated careunverified$2,333$437,885$1,551,593$90,906
Total facility bad debt expenseunverified$6,664$512,131$27,873$153,832
Charity care charges and uninsured discountsunverified$2$3,812,182$1,541,837$172,357
Cost of charity careunverified$1$298,195$1,541,837$47,931
Operating marginunverified-72.5%-43.4%-27.2%-129.1%
Overall cost-to-charge ratiounverified34.1%32.3%31.0%44.5%
Occupancy rateunverified11.3%3.9%0.5%
Average length of stayunverified2.62.3
Uncompensated care as % of operating expenseunverified0.0%3.9%13.8%4.0%
Charity care cost-to-charge ratiounverified50.0%7.8%100.0%27.8%
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