PIKEVILLE MEDICAL CENTER — financial and operating metrics

CCN 180044, PIKEVILLE, 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 availableunverified319327328328328328
Total bed days availableunverified117,574119,715120,010119,720120,048119,720
Total facility dischargesunverified12,02910,5789,80410,22710,53511,180
Total facility inpatient daysunverified63,24966,61066,58866,98565,24265,635
Total patient revenue (gross charges)unverified$2,384,529,797$2,577,732,037$2,668,815,308$2,788,202,816$2,885,156,803$2,994,890,333
Contractual allowances and discountsunverified$1,888,211,877$2,021,249,345$2,113,669,959$2,188,180,497$2,250,035,112$2,280,969,507
Net patient revenueunverified$496,317,920$556,482,692$555,145,349$600,022,319$635,121,691$713,920,826
Total operating expensesunverified$549,658,838$585,756,588$647,322,656$662,940,051$716,503,078$776,920,561
Net income from service to patientsunverified$-53,340,918$-29,273,896$-92,177,307$-62,917,732$-81,381,387$-62,999,735
Net incomeunverified$17,113,172$29,603,234$-24,260,614$32,000,655$34,232,138$81,399,168
Cost of uncompensated careunverified$8,667,334$7,962,241$11,054,780$5,140,337$5,895,304$11,108,503
Total facility bad debt expenseunverified$30,120,083$34,883,423$47,669,673$18,214,267$21,380,652$38,787,900
Charity care charges and uninsured discountsunverified$11,950,199$5,213,890$5,100,482$6,977,369$8,645,787$10,325,229
Cost of charity careunverified$3,179,915$1,591,098$2,417,234$1,287,891$1,584,297$3,478,367
Charges for insured patients' liabilityunverified$1,668,734$3,211,713$2,266,309
Operating marginunverified-10.7%-5.3%-16.6%-10.5%-12.8%-8.8%
Overall cost-to-charge ratiounverified23.1%22.7%24.3%23.8%24.8%25.9%
Occupancy rateunverified53.8%55.6%55.5%56.0%54.3%54.8%
Average length of stayunverified5.36.36.86.56.25.9
Uncompensated care as % of operating expenseunverified1.6%1.4%1.7%0.8%0.8%1.4%
Charity care cost-to-charge ratiounverified26.6%30.5%47.4%18.5%18.3%33.7%
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