NORTON HOSPITALS, INC — financial and operating metrics

CCN 180088, LOUISVILLE, 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 availableunverified1,4501,4651,4791,5151,5411,566
Total bed days availableunverified530,700534,725539,835552,975564,006571,590
Total facility dischargesunverified75,10676,82373,88174,19678,72379,388
Total facility inpatient daysunverified347,129386,095382,975377,173388,253396,354
Total patient revenue (gross charges)unverified$8,388,891,766$9,593,724,018$9,853,191,157$9,523,079,870$13,680,284,350$15,494,087,493
Contractual allowances and discountsunverified$6,342,358,798$7,114,249,155$7,263,411,667$6,537,841,118$10,367,056,837$11,847,965,105
Net patient revenueunverified$2,046,532,968$2,479,474,863$2,589,779,490$2,985,238,752$3,313,227,513$3,646,122,388
Total operating expensesunverified$2,012,235,556$2,201,548,096$2,538,763,074$2,909,471,042$3,091,181,946$3,418,363,790
Net income from service to patientsunverified$34,297,412$277,926,767$51,016,416$75,767,710$222,045,567$227,758,598
Net incomeunverified$101,521,849$325,067,409$80,098,760$79,825,219$225,304,442$234,207,713
Cost of uncompensated careunverified$26,204,668$22,022,269$33,377,836$31,884,183$48,009,700$71,123,909
Total facility bad debt expenseunverified$51,448,285$59,681,337$47,916,279$33,991,244$39,553,164$77,816,806
Charity care charges and uninsured discountsunverified$40,477,529$19,268,307$87,459,528$112,944,561$169,410,806$235,824,544
Cost of charity careunverified$15,008,663$9,327,989$22,488,430$24,771,445$40,294,319$57,115,194
Charges for insured patients' liabilityunverified$1,902,252
Operating marginunverified1.7%11.2%2.0%2.5%6.7%6.2%
Overall cost-to-charge ratiounverified24.0%22.9%25.8%30.6%22.6%22.1%
Occupancy rateunverified65.4%72.2%70.9%68.2%68.8%69.3%
Average length of stayunverified4.65.05.25.14.95.0
Uncompensated care as % of operating expenseunverified1.3%1.0%1.3%1.1%1.6%2.1%
Charity care cost-to-charge ratiounverified37.1%48.4%25.7%21.9%23.8%24.2%
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