SOUTHERN MAINE HEALTH CARE — financial and operating metrics

CCN 200019, BIDDEFORD, ME · Medicare cost reports, FY2019–FY2024

Short reporting period. FY2019 (272 days), FY2024 (243 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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MetricFY2019
272d
FY2020FY2021FY2022FY2023FY2024
243d
Total facility beds availableunverified140140140140140140
Total bed days availableunverified38,22051,24051,10051,10051,10034,160
Total facility dischargesunverified7,0115,7746,4186,4676,5014,632
Total facility inpatient daysunverified19,45323,15931,29036,87629,88521,682
Total patient revenue (gross charges)unverified$489,507,987$663,205,765$796,359,016$884,453,112$959,131,012$728,618,190
Contractual allowances and discountsunverified$322,533,481$392,087,021$471,347,931$532,161,283$584,894,812$448,408,270
Net patient revenueunverified$166,974,506$271,118,744$325,011,085$352,291,829$374,236,200$280,209,920
Total operating expensesunverified$228,294,511$309,581,808$324,208,650$387,184,960$401,667,832$280,505,211
Net income from service to patientsunverified$-61,320,005$-38,463,064$802,435$-34,893,131$-27,431,632$-295,291
Net incomeunverified$-55,530,285$-19,600,058$27,953,657$-16,785,684$-12,745,179$6,337,020
Cost of uncompensated careunverified$9,628,396$12,466,493$7,440,586$9,922,443$11,174,005$4,746,905
Total facility bad debt expenseunverified$19,992,737$18,374,915$16,404,630$16,988,390$21,465,403$7,186,559
Charity care charges and uninsured discountsunverified$4,460,611$9,978,842$3,752,957$7,479,798$7,523,729$3,431,811
Cost of charity careunverified$2,054,784$4,779,831$1,678,539$3,422,023$3,233,235$2,423,064
Charges for insured patients' liabilityunverified$4,715,708
Operating marginunverified-36.7%-14.2%0.2%-9.9%-7.3%-0.1%
Overall cost-to-charge ratiounverified46.6%46.7%40.7%43.8%41.9%38.5%
Occupancy rateunverified50.9%45.2%61.2%72.2%58.5%63.5%
Average length of stayunverified2.84.04.95.74.64.7
Uncompensated care as % of operating expenseunverified4.2%4.0%2.3%2.6%2.8%1.7%
Charity care cost-to-charge ratiounverified46.1%47.9%44.7%45.8%43.0%70.6%
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