HEART HOSPITAL OF ACADIANA — financial and operating metrics

CCN 190263, LAFAYETTE, LA · Medicare cost reports, FY2018–FY2019

Short reporting period. FY2019 (179 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
179d
Total facility beds availableunverified3232
Total bed days availableunverified11,6805,760
Total facility dischargesunverified1,731728
Total facility inpatient daysunverified6,9542,575
Total patient revenue (gross charges)unverified$179,092,331$88,117,339
Contractual allowances and discountsunverified$135,311,189$66,917,980
Net patient revenueunverified$43,781,142$21,199,359
Total operating expensesunverified$40,208,321$20,966,621
Net income from service to patientsunverified$3,572,821$232,738
Net incomeunverified$3,572,821$864,495
Cost of uncompensated careunverified$513,855$319,894
Total facility bad debt expenseunverified$1,482,585$845,319
Charity care charges and uninsured discountsunverified$605,562$309,107
Cost of charity careunverified$136,815$95,927
Operating marginunverified8.2%1.1%
Overall cost-to-charge ratiounverified22.5%23.8%
Occupancy rateunverified59.5%44.7%
Average length of stayunverified4.03.5
Uncompensated care as % of operating expenseunverified1.3%1.5%
Charity care cost-to-charge ratiounverified22.6%31.0%
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