PENOBSCOT VALLEY HOSPITAL — financial and operating metrics

CCN 201303, LINCOLN, 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 availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified217248262218203248
Total facility inpatient daysunverified1,6231,8421,9151,7051,6541,820
Total patient revenue (gross charges)unverified$31,981,771$36,708,319$39,377,051$43,863,134$46,031,780$51,626,197
Contractual allowances and discountsunverified$14,841,140$16,930,414$17,315,161$21,004,247$21,657,497$26,935,261
Net patient revenueunverified$17,140,631$19,777,905$22,061,890$22,858,887$24,374,283$24,690,936
Total operating expensesunverified$18,016,212$21,608,969$24,299,950$25,432,498$25,632,345$25,502,524
Net income from service to patientsunverified$-875,581$-1,831,064$-2,238,060$-2,573,611$-1,258,062$-811,588
Net incomeunverified$1,095,775$5,875,993$4,315$-1,790,411$-659,856$1,296,331
Cost of uncompensated careunverified$844,396$902,176$1,248,148$775,771$689,197$1,558,170
Total facility bad debt expenseunverified$1,363,561$1,269,656$1,849,148$1,067,539$1,024,521$2,664,649
Charity care charges and uninsured discountsunverified$183,385$281,761$178,216$204,621$165,311$462,981
Cost of charity careunverified$130,850$207,849$133,394$157,628$118,809$255,027
Operating marginunverified-5.1%-9.3%-10.1%-11.3%-5.2%-3.3%
Overall cost-to-charge ratiounverified56.3%58.9%61.7%58.0%55.7%49.4%
Occupancy rateunverified17.7%20.2%21.0%18.7%18.1%19.9%
Average length of stayunverified7.57.47.37.88.17.3
Uncompensated care as % of operating expenseunverified4.7%4.2%5.1%3.1%2.7%6.1%
Charity care cost-to-charge ratiounverified71.4%73.8%74.8%77.0%71.9%55.1%
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