SEASIDE HEALTH SYSTEM — financial and operating metrics

CCN 194103, BATON ROUGE, LA · Medicare cost reports, FY2020–FY2025

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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified646464646464
Total bed days availableunverified23,42423,36023,36023,36023,42423,360
Total facility dischargesunverified2,0012,5051,7931,9091,4181,386
Total facility inpatient daysunverified12,66616,17211,39612,8579,3609,089
Total patient revenue (gross charges)unverified$43,320,255$44,380,776$40,096,602$44,862,508$41,818,915$43,242,623
Contractual allowances and discountsunverified$28,674,667$27,446,142$27,105,281$29,153,093$27,224,718$26,828,548
Net patient revenueunverified$14,645,588$16,934,634$12,991,321$15,709,415$14,594,197$16,414,075
Total operating expensesunverified$13,412,929$13,801,624$12,546,603$15,445,468$14,738,705$16,368,176
Net income from service to patientsunverified$1,232,659$3,133,010$444,718$263,947$-144,508$45,899
Net incomeunverified$2,720,829$3,186,234$1,501,900$1,657,806$697,215$644,285
Operating marginunverified8.4%18.5%3.4%1.7%-1.0%0.3%
Overall cost-to-charge ratiounverified31.0%31.1%31.3%34.4%35.2%37.9%
Occupancy rateunverified54.1%69.2%48.8%55.0%40.0%38.9%
Average length of stayunverified6.36.56.46.76.66.6
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