RICHARDSON MEDICAL CENTER — financial and operating metrics

CCN 190151, RAYVILLE, 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 availableunverified383838383838
Total bed days availableunverified13,90813,87013,87013,87013,90813,870
Total facility dischargesunverified444547484372395402
Total facility inpatient daysunverified2,0112,8122,4101,9992,0602,023
Total patient revenue (gross charges)unverified$49,163,458$56,829,830$58,486,500$58,102,622$55,670,334$55,183,786
Contractual allowances and discountsunverified$33,190,945$34,618,939$36,936,508$33,278,561$31,128,031$32,592,620
Net patient revenueunverified$15,972,513$22,210,891$21,549,992$24,824,061$24,542,303$22,591,166
Total operating expensesunverified$23,487,443$25,932,415$26,399,877$26,441,448$27,586,650$27,964,021
Net income from service to patientsunverified$-7,514,930$-3,721,524$-4,849,885$-1,617,387$-3,044,347$-5,372,855
Net incomeunverified$487,773$4,133,609$1,677,432$2,491,098$478,788$1,534,406
Cost of uncompensated careunverified$1,134,289$705,743$733,646$703,801$1,013,164$1,679,025
Total facility bad debt expenseunverified$2,323,819$1,533,729$1,587,438$1,276,687$1,589,450$2,674,693
Charity care charges and uninsured discountsunverified$212,602$55,981$264,381$401,551$361,026$555,046
Cost of charity careunverified$119,504$55,981$105,185$192,567$350,772$537,546
Operating marginunverified-47.0%-16.8%-22.5%-6.5%-12.4%-23.8%
Overall cost-to-charge ratiounverified47.8%45.6%45.1%45.5%49.6%50.7%
Occupancy rateunverified14.5%20.3%17.4%14.4%14.8%14.6%
Average length of stayunverified4.55.15.05.45.25.0
Uncompensated care as % of operating expenseunverified4.8%2.7%2.8%2.7%3.7%6.0%
Charity care cost-to-charge ratiounverified56.2%100.0%39.8%48.0%97.2%96.8%
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