THE MEDICAL CENTER AT ALBANY — financial and operating metrics

CCN 181333, ALBANY, KY · Medicare cost reports, FY2024–FY2025

Short reporting period. FY2024 (205 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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MetricFY2024
205d
FY2025
Total facility beds availableunverified2525
Total bed days availableunverified5,1509,125
Total facility dischargesunverified283354
Total facility inpatient daysunverified1,8112,806
Total patient revenue (gross charges)unverified$32,517,208$61,300,925
Contractual allowances and discountsunverified$19,266,738$39,574,793
Net patient revenueunverified$13,250,470$21,726,132
Total operating expensesunverified$10,417,620$19,546,037
Net income from service to patientsunverified$2,832,850$2,180,095
Net incomeunverified$3,180,315$2,864,160
Cost of uncompensated careunverified$298,792$427,293
Total facility bad debt expenseunverified$469,930$666,309
Charity care charges and uninsured discountsunverified$351,365$740,536
Cost of charity careunverified$155,588$234,426
Operating marginunverified21.4%10.0%
Overall cost-to-charge ratiounverified32.0%31.9%
Occupancy rateunverified35.2%30.8%
Average length of stayunverified6.47.9
Uncompensated care as % of operating expenseunverified2.9%2.2%
Charity care cost-to-charge ratiounverified44.3%31.7%
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