SPRING VIEW HOSPITAL — financial and operating metrics

CCN 180024, LEBANON, KY · 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 availableunverified636363636363
Total bed days availableunverified23,05822,99522,99522,99523,05822,995
Total facility dischargesunverified9391,095966815966994
Total facility inpatient daysunverified2,8503,9323,7272,5463,0832,990
Total patient revenue (gross charges)unverified$173,435,831$207,952,172$234,284,918$262,362,859$302,567,841$320,199,231
Contractual allowances and discountsunverified$140,192,136$163,428,664$189,636,772$210,243,108$245,955,121$264,802,865
Net patient revenueunverified$33,243,695$44,523,508$44,648,146$52,119,751$56,612,720$55,396,366
Total operating expensesunverified$35,311,971$39,619,856$44,402,234$49,885,755$53,917,795$54,372,379
Net income from service to patientsunverified$-2,068,276$4,903,652$245,912$2,233,996$2,694,925$1,023,987
Net incomeunverified$1,667,076$6,805,524$1,092,042$3,901,900$3,684,810$2,056,595
Cost of uncompensated careunverified$626,791$798,733$684,246$781,784$869,612$1,130,432
Total facility bad debt expenseunverified$2,691,763$4,234,797$2,659,711$2,854,470$2,911,583$4,552,115
Charity care charges and uninsured discountsunverified$1,797,010$1,237,695$1,994,255$3,181,590$4,286,988$5,144,977
Cost of charity careunverified$178,993$167,348$274,814$389,561$492,896$576,639
Charges for insured patients' liabilityunverified$244,614
Operating marginunverified-6.2%11.0%0.6%4.3%4.8%1.8%
Overall cost-to-charge ratiounverified20.4%19.1%19.0%19.0%17.8%17.0%
Occupancy rateunverified12.4%17.1%16.2%11.1%13.4%13.0%
Average length of stayunverified3.03.63.93.13.23.0
Uncompensated care as % of operating expenseunverified1.8%2.0%1.5%1.6%1.6%2.1%
Charity care cost-to-charge ratiounverified10.0%13.5%13.8%12.2%11.5%11.2%
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