CAVERNA MEMORIAL HOSPITAL — financial and operating metrics

CCN 181314, HORSE CAVE, 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 dischargesunverified1165967677978
Total facility inpatient daysunverified3,3574,0903,2163,6183,3353,049
Total patient revenue (gross charges)unverified$35,352,019$41,218,173$45,976,740$52,400,417$55,060,169$58,153,204
Contractual allowances and discountsunverified$21,133,672$25,514,798$28,331,511$31,312,480$29,957,601$32,656,829
Net patient revenueunverified$14,218,347$15,703,375$17,645,229$21,087,937$25,102,568$25,496,375
Total operating expensesunverified$13,701,685$13,812,102$17,383,256$18,805,873$21,067,414$21,557,143
Net income from service to patientsunverified$516,662$1,891,273$261,973$2,282,064$4,035,154$3,939,232
Net incomeunverified$604,224$2,084,433$533,849$2,916,473$5,337,541$5,048,378
Cost of uncompensated careunverified$602,308$561,139$509,699$528,716$608,316$931,843
Total facility bad debt expenseunverified$1,106,046$1,445,927$1,005,317$828,534$946,698$1,594,144
Charity care charges and uninsured discountsunverified$412,493$213,510$286,103$587,687$684,279$1,050,798
Cost of charity careunverified$193,308$92,014$135,761$236,110$270,779$390,915
Operating marginunverified3.6%12.0%1.5%10.8%16.1%15.5%
Overall cost-to-charge ratiounverified38.8%33.5%37.8%35.9%38.3%37.1%
Occupancy rateunverified36.7%44.8%35.2%39.6%36.4%33.4%
Average length of stayunverified28.969.348.054.042.239.1
Uncompensated care as % of operating expenseunverified4.4%4.1%2.9%2.8%2.9%4.3%
Charity care cost-to-charge ratiounverified46.9%43.1%47.5%40.2%39.6%37.2%
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