MAINEHEALTH PEN BAY HOSPITAL — financial and operating metrics

CCN 200063, ROCKPORT, 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 availableunverified818181818181
Total bed days availableunverified29,64629,56529,56529,56529,64629,565
Total facility dischargesunverified2,4732,5392,4922,5172,9983,251
Total facility inpatient daysunverified16,74818,17318,72918,21018,73319,183
Total patient revenue (gross charges)unverified$333,080,827$381,421,691$408,330,190$457,827,010$517,409,940$568,444,079
Contractual allowances and discountsunverified$192,311,584$222,036,775$236,704,964$275,607,242$316,443,904$349,275,661
Net patient revenueunverified$140,769,243$159,384,916$171,625,226$182,219,768$200,966,036$219,168,418
Total operating expensesunverified$165,215,862$176,266,255$208,798,030$215,907,999$225,291,225$247,258,270
Net income from service to patientsunverified$-24,446,619$-16,881,339$-37,172,804$-33,688,231$-24,325,189$-28,089,852
Net incomeunverified$-9,415,417$5,011,069$-3,276,161$-4,768,217$-7,881,246$-2,001,886
Cost of uncompensated careunverified$5,419,513$3,821,446$4,983,586$4,225,931$6,621,918$7,196,659
Total facility bad debt expenseunverified$8,004,117$8,195,360$8,388,157$7,807,888$11,436,642$10,939,464
Charity care charges and uninsured discountsunverified$3,723,182$1,312,447$2,671,154$2,197,714$4,713,599$5,969,302
Cost of charity careunverified$1,910,987$711,600$1,390,762$1,041,399$2,120,598$2,927,475
Charges for insured patients' liabilityunverified$1,467,133$3,294,442
Operating marginunverified-17.4%-10.6%-21.7%-18.5%-12.1%-12.8%
Overall cost-to-charge ratiounverified49.6%46.2%51.1%47.2%43.5%43.5%
Occupancy rateunverified56.5%61.5%63.3%61.6%63.2%64.9%
Average length of stayunverified6.87.27.57.26.25.9
Uncompensated care as % of operating expenseunverified3.3%2.2%2.4%2.0%2.9%2.9%
Charity care cost-to-charge ratiounverified51.3%54.2%52.1%47.4%45.0%49.0%
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