MARCUM AND WALLACE MEMORIAL HOSPITAL — financial and operating metrics

CCN 181301, IRVINE, 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 availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified795874824770618715
Total facility inpatient daysunverified4,3824,0433,7083,2842,9523,227
Total patient revenue (gross charges)unverified$65,272,456$73,707,783$77,906,122$75,770,240$88,862,731$99,761,298
Contractual allowances and discountsunverified$47,019,409$52,268,134$56,195,644$58,939,029$58,278,325$69,472,947
Net patient revenueunverified$18,253,047$21,439,649$21,710,478$16,831,211$30,584,406$30,288,351
Total operating expensesunverified$24,037,935$24,913,214$28,147,802$26,457,577$28,713,180$29,817,904
Net income from service to patientsunverified$-5,784,888$-3,473,565$-6,437,324$-9,626,366$1,871,226$470,447
Net incomeunverified$2,905,602$768,206$-1,217,524$-7,263,129$4,499,538$2,877,869
Cost of uncompensated careunverified$905,184$522,116$791,343$772,833$772,709$1,093,314
Total facility bad debt expenseunverified$1,646,054$1,063,470$1,556,484$865,799$997,669$1,752,063
Charity care charges and uninsured discountsunverified$703,998$433,906$629,184$1,297,433$1,240,566$1,819,966
Cost of charity careunverified$360,677$173,984$268,118$503,708$470,303$609,122
Charges for insured patients' liabilityunverified$10,395$81,909$2,490
Operating marginunverified-31.7%-16.2%-29.7%-57.2%6.1%1.6%
Overall cost-to-charge ratiounverified36.8%33.8%36.1%34.9%32.3%29.9%
Occupancy rateunverified47.9%44.3%40.6%36.0%32.3%35.4%
Average length of stayunverified5.54.64.54.34.84.5
Uncompensated care as % of operating expenseunverified3.8%2.1%2.8%2.9%2.7%3.7%
Charity care cost-to-charge ratiounverified51.2%40.1%42.6%38.8%37.9%33.5%
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