FRANCISCAN HEALTH ORTHOPEDIC HOSPITAL CARMEL — financial and operating metrics

CCN 150193, CARMEL, IN · Medicare cost reports, FY2022–FY2024

Short reporting period. FY2022 (239 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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MetricFY2022
239d
FY2023FY2024
Total facility beds availableunverified212020
Total bed days availableunverified5,0407,3007,320
Total facility dischargesunverified227312333
Total facility inpatient daysunverified339576534
Total patient revenue (gross charges)unverified$121,051,448$100,689,846$135,269,662
Contractual allowances and discountsunverified$84,332,676$76,665,929$100,002,958
Net patient revenueunverified$36,718,772$24,023,917$35,266,704
Total operating expensesunverified$38,966,676$47,159,935$53,872,346
Net income from service to patientsunverified$-2,247,904$-23,136,018$-18,605,642
Net incomeunverified$8,400,539$-5,288,106$7,314,247
Cost of uncompensated careunverified$23,208$164,656$249,126
Total facility bad debt expenseunverified$1,684$233,543$309,074
Charity care charges and uninsured discountsunverified$23,568$167,762$274,983
Cost of charity careunverified$22,617$69,033$150,526
Operating marginunverified-6.1%-96.3%-52.8%
Overall cost-to-charge ratiounverified32.2%46.8%39.8%
Occupancy rateunverified6.7%7.9%7.3%
Average length of stayunverified1.51.81.6
Uncompensated care as % of operating expenseunverified0.1%0.3%0.5%
Charity care cost-to-charge ratiounverified96.0%41.1%54.7%
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