BAPTIST HEALTH RICHMOND — financial and operating metrics

CCN 180049, RICHMOND, 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 availableunverified606050535382
Total bed days availableunverified21,96021,90018,25018,44519,39829,930
Total facility dischargesunverified3,7113,7433,6983,5694,5944,421
Total facility inpatient daysunverified12,23614,05814,71312,03915,12216,543
Total patient revenue (gross charges)unverified$628,921,745$733,573,223$813,472,690$946,964,109$1,101,230,780$1,268,737,119
Contractual allowances and discountsunverified$526,111,290$617,760,681$687,173,095$801,324,476$919,198,564$1,072,625,866
Net patient revenueunverified$102,810,455$115,812,542$126,299,595$145,639,633$182,032,216$196,111,253
Total operating expensesunverified$115,256,837$122,697,208$137,283,411$151,042,814$165,672,557$183,885,700
Net income from service to patientsunverified$-12,446,382$-6,884,666$-10,983,816$-5,403,181$16,359,659$12,225,553
Net incomeunverified$-7,233,212$3,146,783$-345,162$7,492,370$32,065,961$28,016,622
Cost of uncompensated careunverified$2,691,604$1,406,121$1,748,648$1,770,692$3,041,708$3,918,842
Total facility bad debt expenseunverified$6,965,721$4,001,722$6,302,857$8,028,624$9,277,546$11,938,103
Charity care charges and uninsured discountsunverified$9,618,456$3,688,654$4,697,763$4,448,257$11,455,250$14,005,386
Cost of charity careunverified$1,545,890$734,520$780,596$727,428$1,879,652$2,459,703
Charges for insured patients' liabilityunverified$529,469$79,132
Operating marginunverified-12.1%-5.9%-8.7%-3.7%9.0%6.2%
Overall cost-to-charge ratiounverified18.3%16.7%16.9%16.0%15.0%14.5%
Occupancy rateunverified55.7%64.2%80.6%65.3%78.0%55.3%
Average length of stayunverified3.33.84.03.43.33.7
Uncompensated care as % of operating expenseunverified2.3%1.1%1.3%1.2%1.8%2.1%
Charity care cost-to-charge ratiounverified16.1%19.9%16.6%16.4%16.4%17.6%
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