OUR LADY OF THE LAKE ASCENSION — financial and operating metrics

CCN 190242, GONZALES, LA · Medicare cost reports, FY2018–FY2019

Short reporting period. FY2019 (242 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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MetricFY2018FY2019
242d
Total facility beds availableunverified7878
Total bed days availableunverified28,47018,954
Total facility dischargesunverified2,8531,806
Total facility inpatient daysunverified14,6757,537
Total patient revenue (gross charges)unverified$264,879,262$175,515,910
Contractual allowances and discountsunverified$185,973,672$122,659,718
Net patient revenueunverified$78,905,590$52,856,192
Total operating expensesunverified$67,131,267$44,488,463
Net income from service to patientsunverified$11,774,323$8,367,729
Net incomeunverified$1,841,694$-61,866,542
Cost of uncompensated careunverified$2,838,372$1,618,560
Total facility bad debt expenseunverified$10,018,276$4,919,801
Charity care charges and uninsured discountsunverified$1,935,313$1,441,253
Cost of charity careunverified$445,293$347,798
Operating marginunverified14.9%15.8%
Overall cost-to-charge ratiounverified25.3%25.3%
Occupancy rateunverified51.5%39.8%
Average length of stayunverified5.14.2
Uncompensated care as % of operating expenseunverified4.2%3.6%
Charity care cost-to-charge ratiounverified23.0%24.1%
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