THREE RIVERS MEDICAL CENTER — financial and operating metrics

CCN 180128, LOUISA, 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 availableunverified656565656565
Total bed days availableunverified23,79023,72523,72523,72523,79023,725
Total facility dischargesunverified1,5341,6051,5671,2941,1191,105
Total facility inpatient daysunverified4,7185,5757,1235,0383,8333,861
Total patient revenue (gross charges)unverified$307,888,404$296,772,055$345,205,671$322,773,441$316,858,270$339,012,230
Contractual allowances and discountsunverified$268,896,114$255,746,983$295,620,938$279,782,794$268,374,450$285,173,637
Net patient revenueunverified$38,992,290$41,025,072$49,584,733$42,990,647$48,483,820$53,838,593
Total operating expensesunverified$33,427,040$35,317,512$41,994,553$39,484,638$41,311,765$44,588,765
Net income from service to patientsunverified$5,565,250$5,707,560$7,590,180$3,506,009$7,172,055$9,249,828
Net incomeunverified$5,796,312$12,673,948$10,343,272$3,888,703$7,371,703$9,418,502
Cost of uncompensated careunverified$791,614$990,923$696,839$801,872$1,001,867$1,311,529
Total facility bad debt expenseunverified$4,922,947$6,545,187$3,510,770$4,750,374$5,530,088$7,168,462
Charity care charges and uninsured discountsunverified$1,852,446$1,622,276$1,575,906$1,773,746$2,124,918$2,601,524
Cost of charity careunverified$181,017$170,144$174,409$189,466$263,904$329,041
Operating marginunverified14.3%13.9%15.3%8.2%14.8%17.2%
Overall cost-to-charge ratiounverified10.9%11.9%12.2%12.2%13.0%13.2%
Occupancy rateunverified19.8%23.5%30.0%21.2%16.1%16.3%
Average length of stayunverified3.13.54.53.93.43.5
Uncompensated care as % of operating expenseunverified2.4%2.8%1.7%2.0%2.4%2.9%
Charity care cost-to-charge ratiounverified9.8%10.5%11.1%10.7%12.4%12.6%
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