RUMFORD HOSPITAL — financial and operating metrics

CCN 201306, RUMFORD, 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 dischargesunverified488576347434341312
Total facility inpatient daysunverified4,1714,7265,7145,8725,7615,349
Total patient revenue (gross charges)unverified$85,372,296$91,179,395$103,693,995$115,263,706$111,976,071$117,725,784
Contractual allowances and discountsunverified$44,805,647$48,823,578$55,299,136$63,772,661$62,393,057$71,024,109
Net patient revenueunverified$40,566,649$42,355,817$48,394,859$51,491,045$49,583,014$46,701,675
Total operating expensesunverified$41,302,800$42,124,169$47,602,618$48,509,656$47,484,551$46,717,673
Net income from service to patientsunverified$-736,151$231,648$792,241$2,981,389$2,098,463$-15,998
Net incomeunverified$1,532,506$3,885,745$4,668,020$7,456,477$5,643,239$2,242,069
Cost of uncompensated careunverified$2,399,336$2,013,666$2,009,058$1,950,554$1,920,849$1,455,395
Total facility bad debt expenseunverified$5,077,607$4,412,995$4,325,087$4,757,152$4,602,911$3,798,724
Charity care charges and uninsured discountsunverified$157,624$151,916$134,949$55,574$90,982$85,680
Cost of charity careunverified$106,045$92,367$73,700$37,994$79,818$44,293
Operating marginunverified-1.8%0.5%1.6%5.8%4.2%-0.0%
Overall cost-to-charge ratiounverified48.4%46.2%45.9%42.1%42.4%39.7%
Occupancy rateunverified45.6%51.8%62.6%64.4%63.0%58.6%
Average length of stayunverified8.58.216.513.516.917.1
Uncompensated care as % of operating expenseunverified5.8%4.8%4.2%4.0%4.0%3.1%
Charity care cost-to-charge ratiounverified67.3%60.8%54.6%68.4%87.7%51.7%
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