OUR LADY OF THE LAKE ASSUMPTION COM — financial and operating metrics

CCN 191303, NAPOLEONVILLE, LA · Medicare cost reports, FY2018–FY2023

Short reporting period. FY2023 (32 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
32d
Total facility beds availableunverified1515151515
Total bed days availableunverified5,4755,4755,4905,4755,475
Total facility dischargesunverified633934411
Total facility inpatient daysunverified22511010514.040.0
Total patient revenue (gross charges)unverified$10,046,702$10,137,251$9,744,546$8,640,254$11,885,312$1,132,247
Contractual allowances and discountsunverified$2,230,604$3,533,041$2,841,447$1,642,825$159,374$219,913
Net patient revenueunverified$7,816,098$6,604,210$6,903,099$6,997,429$11,725,938$912,334
Total operating expensesunverified$6,504,074$6,575,699$7,030,848$7,199,031$8,168,501$799,350
Net income from service to patientsunverified$1,312,024$28,511$-127,749$-201,602$3,557,437$112,984
Net incomeunverified$1,694,943$294,679$401,351$3,480,085$3,365,525$138,319
Cost of uncompensated careunverified$758,400$442,264$764,606$628,483$576,291$48,261
Total facility bad debt expenseunverified$963,977$381,800$727,011$229,381$401,890$37,285
Charity care charges and uninsured discountsunverified$9,777$178,273$306,752$516,501$383,792$28,659
Cost of charity careunverified$9,766$142,660$235,510$453,031$288,623$21,363
Operating marginunverified16.8%0.4%-1.9%-2.9%30.3%12.4%
Overall cost-to-charge ratiounverified64.7%64.9%72.2%83.3%68.7%70.6%
Occupancy rateunverified4.1%2.0%1.9%0.3%0.7%
Average length of stayunverified3.62.83.1
Uncompensated care as % of operating expenseunverified11.7%6.7%10.9%8.7%7.1%6.0%
Charity care cost-to-charge ratiounverified99.9%80.0%76.8%87.7%75.2%74.5%
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