IBERIA MEDICAL CENTER — financial and operating metrics

CCN 190054, NEW IBERIA, LA · 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 availableunverified113133133133133133
Total bed days availableunverified42,87845,66548,54548,54548,67848,545
Total facility dischargesunverified4,5413,7433,7063,9653,7463,451
Total facility inpatient daysunverified16,16219,11418,67417,88916,89014,314
Total patient revenue (gross charges)unverified$396,448,100$433,637,954$430,324,576$449,605,011$443,768,952$431,351,358
Contractual allowances and discountsunverified$298,471,251$328,755,429$323,363,909$343,285,997$333,610,918$321,661,493
Net patient revenueunverified$97,976,849$104,882,525$106,960,667$106,319,014$110,158,034$109,689,865
Total operating expensesunverified$97,212,410$102,252,976$105,573,320$122,000,955$118,478,820$127,199,794
Net income from service to patientsunverified$764,439$2,629,549$1,387,347$-15,681,941$-8,320,786$-17,509,929
Net incomeunverified$3,815,503$8,761,425$5,806,830$4,050,228$8,970,590$3,634,497
Cost of uncompensated careunverified$2,818,533$2,176,468$2,099,721$2,135,046$2,673,650$3,149,939
Total facility bad debt expenseunverified$12,144,203$7,887,437$6,715,519$7,509,789$9,865,883$11,907,454
Charity care charges and uninsured discountsunverified$587,562$1,201,377$1,021,722$960,554$1,282,911$831,473
Cost of charity careunverified$275,234$441,942$478,824$402,584$363,672$290,892
Operating marginunverified0.8%2.5%1.3%-14.7%-7.6%-16.0%
Overall cost-to-charge ratiounverified24.5%23.6%24.5%27.1%26.7%29.5%
Occupancy rateunverified37.7%41.9%38.5%36.9%34.7%29.5%
Average length of stayunverified3.65.15.04.54.54.1
Uncompensated care as % of operating expenseunverified2.9%2.1%2.0%1.8%2.3%2.5%
Charity care cost-to-charge ratiounverified46.8%36.8%46.9%41.9%28.3%35.0%
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