OPTIMA SPECIALTY HOSPITAL — financial and operating metrics

CCN 194078, LAFAYETTE, LA · Medicare cost reports, FY2017–FY2018

Short reporting period. FY2018 (45 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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MetricFY2017FY2018
45d
Total facility beds availableunverified2424
Total bed days availableunverified8,7601,104
Total facility dischargesunverified1,336107
Total facility inpatient daysunverified7,315789
Total patient revenue (gross charges)unverified$8,437,117$1,847,906
Contractual allowances and discountsunverified$5,214,073$1,146,974
Net patient revenueunverified$3,223,044$700,932
Total operating expensesunverified$3,440,453$731,079
Net income from service to patientsunverified$-217,409$-30,147
Net incomeunverified$-215,822$-30,015
Operating marginunverified-6.7%-4.3%
Overall cost-to-charge ratiounverified40.8%39.6%
Occupancy rateunverified83.5%71.5%
Average length of stayunverified5.57.4
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