CARY MEDICAL CENTER — financial and operating metrics

CCN 200031, CARIBOU, ME · 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 availableunverified494949494949
Total bed days availableunverified17,93417,88517,88517,88517,93417,885
Total facility dischargesunverified1,3131,1591,0611,2661,2861,298
Total facility inpatient daysunverified7,8407,6748,7969,0229,6288,401
Total patient revenue (gross charges)unverified$126,047,402$130,662,385$147,364,851$162,103,531$175,693,959$179,110,765
Contractual allowances and discountsunverified$77,903,511$78,898,302$87,896,763$96,516,260$106,541,629$106,261,497
Net patient revenueunverified$48,143,891$51,764,083$59,468,088$65,587,271$69,152,330$72,849,268
Total operating expensesunverified$59,266,310$63,589,501$66,169,661$69,377,686$73,193,593$77,501,929
Net income from service to patientsunverified$-11,122,419$-11,825,418$-6,701,573$-3,790,415$-4,041,263$-4,652,661
Net incomeunverified$905,360$3,140,092$122,481$348,681$-704,820$141,306
Cost of uncompensated careunverified$1,450,959$932,443$616,655$1,302,827$1,400,166$1,826,009
Total facility bad debt expenseunverified$3,162,288$1,602,802$893,627$2,744,373$2,920,590$3,055,039
Charity care charges and uninsured discountsunverified$598,706$602,041$481,697$462,630$628,475$940,612
Cost of charity careunverified$283,961$334,585$287,053$281,418$336,844$669,925
Charges for insured patients' liabilityunverified$99,225
Operating marginunverified-23.1%-22.8%-11.3%-5.8%-5.8%-6.4%
Overall cost-to-charge ratiounverified47.0%48.7%44.9%42.8%41.7%43.3%
Occupancy rateunverified43.7%42.9%49.2%50.4%53.7%47.0%
Average length of stayunverified6.06.68.37.17.56.5
Uncompensated care as % of operating expenseunverified2.4%1.5%0.9%1.9%1.9%2.4%
Charity care cost-to-charge ratiounverified47.4%55.6%59.6%60.8%53.6%71.2%
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