OCHSNER MEDICAL CENTER -NORTHSHORE — financial and operating metrics

CCN 190204, SLIDELL, LA · Medicare cost reports, FY2018–FY2023

Short reporting period. FY2023 (90 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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MetricFY2018FY2019FY2020FY2021FY2022FY2023
90d
Total facility beds availableunverified150150150149150150
Total bed days availableunverified54,38354,75054,90054,40454,72111,823
Total facility dischargesunverified4,8434,4293,7773,5043,674503
Total facility inpatient daysunverified18,99618,41216,60317,44018,6261,921
Total patient revenue (gross charges)unverified$515,098,777$515,468,390$513,049,618$522,954,271$601,382,761$129,702,581
Contractual allowances and discountsunverified$420,026,941$406,551,084$421,689,573$425,858,998$483,748,300$103,384,436
Net patient revenueunverified$95,071,836$108,917,306$91,360,045$97,095,273$117,634,461$26,318,145
Total operating expensesunverified$89,286,397$89,731,025$93,641,854$99,365,986$109,812,760$29,450,146
Net income from service to patientsunverified$5,785,439$19,186,281$-2,281,809$-2,270,713$7,821,701$-3,132,001
Net incomeunverified$7,754,308$20,579,416$799,886$10,904,087$10,532,857$1,170,532
Cost of uncompensated careunverified$2,429,596$2,013,987$2,231,864$1,867,827$2,398,543$1,017,709
Total facility bad debt expenseunverified$4,312,466$4,945,508$5,274,339$4,227,484$4,458,487$1,735,078
Charity care charges and uninsured discountsunverified$6,031,803$4,423,452$5,125,762$5,481,307$5,882,196$2,495,971
Cost of charity careunverified$1,628,259$1,098,476$1,260,902$1,065,515$1,528,150$647,171
Operating marginunverified6.1%17.6%-2.5%-2.3%6.6%-11.9%
Overall cost-to-charge ratiounverified17.3%17.4%18.3%19.0%18.3%22.7%
Occupancy rateunverified34.9%33.6%30.2%32.1%34.0%16.2%
Average length of stayunverified3.94.24.45.05.13.8
Uncompensated care as % of operating expenseunverified2.7%2.2%2.4%1.9%2.2%3.5%
Charity care cost-to-charge ratiounverified27.0%24.8%24.6%19.4%26.0%25.9%
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