KENTUCKY RIVER MEDICAL CENTER — financial and operating metrics

CCN 180139, JACKSON, KY · Medicare cost reports, FY2019–FY2024

Short reporting period. FY2024 (95 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
95d
Total facility beds availableunverified494949494949
Total bed days availableunverified17,88517,93417,88517,88517,8854,704
Total facility dischargesunverified1,7121,5651,7611,5071,522364
Total facility inpatient daysunverified4,5804,2635,8245,2834,5861,322
Total patient revenue (gross charges)unverified$231,645,017$201,100,000$236,547,197$231,488,792$215,624,273$60,437,896
Contractual allowances and discountsunverified$204,909,748$175,466,511$203,442,764$197,247,846$183,852,228$50,602,137
Net patient revenueunverified$26,735,269$25,633,489$33,104,433$34,240,946$31,772,045$9,835,759
Total operating expensesunverified$29,636,600$29,626,087$34,034,333$33,662,998$32,848,861$9,792,352
Net income from service to patientsunverified$-2,901,331$-3,992,598$-929,900$577,948$-1,076,816$43,407
Net incomeunverified$-2,263,377$-1,800,173$-136,280$2,686,525$-510,005$471,993
Cost of uncompensated careunverified$508,479$523,863$438,884$448,453$482,451$164,716
Total facility bad debt expenseunverified$1,787,435$2,582,894$1,948,852$2,010,330$2,257,096$836,743
Charity care charges and uninsured discountsunverified$1,090,841$763,700$728,923$961,603$895,949$270,402
Cost of charity careunverified$127,409$101,994$97,074$127,463$121,172$36,855
Operating marginunverified-10.9%-15.6%-2.8%1.7%-3.4%0.4%
Overall cost-to-charge ratiounverified12.8%14.7%14.4%14.5%15.2%16.2%
Occupancy rateunverified25.6%23.8%32.6%29.5%25.6%28.1%
Average length of stayunverified2.72.73.33.53.03.6
Uncompensated care as % of operating expenseunverified1.7%1.8%1.3%1.3%1.5%1.7%
Charity care cost-to-charge ratiounverified11.7%13.4%13.3%13.3%13.5%13.6%
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