MILLINOCKET REGIONAL HOSPITAL — financial and operating metrics

CCN 201307, MILLINOCKET, 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 dischargesunverified423338579363367428
Total facility inpatient daysunverified1,9951,9202,7392,3261,8421,875
Total patient revenue (gross charges)unverified$46,350,611$47,052,743$53,547,686$53,547,686$55,589,081$55,803,681
Contractual allowances and discountsunverified$21,175,159$20,602,954$24,023,924$24,663,089$25,226,478$25,507,860
Net patient revenueunverified$25,175,452$26,449,789$29,523,762$28,884,597$30,362,603$30,295,821
Total operating expensesunverified$28,605,362$28,852,188$31,258,821$31,119,198$32,871,111$31,140,589
Net income from service to patientsunverified$-3,429,910$-2,402,399$-1,735,059$-2,234,601$-2,508,508$-844,768
Net incomeunverified$-23,813$4,661,526$481,649$-936,029$-1,037,113$3,431,063
Cost of uncompensated careunverified$1,542,339$979,408$461,302$528,963$881,599$63,388
Total facility bad debt expenseunverified$2,215,046$1,476,901$533,358$656,857$1,557,093
Charity care charges and uninsured discountsunverified$442,456$225,656$302,869$302,869$213,380$98,118
Cost of charity careunverified$345,708$199,078$212,552$214,006$154,316$63,388
Operating marginunverified-13.6%-9.1%-5.9%-7.7%-8.3%-2.8%
Overall cost-to-charge ratiounverified61.7%61.3%58.4%58.1%59.1%55.8%
Occupancy rateunverified21.8%21.0%30.0%25.5%20.1%20.5%
Average length of stayunverified4.75.74.76.45.04.4
Uncompensated care as % of operating expenseunverified5.4%3.4%1.5%1.7%2.7%0.2%
Charity care cost-to-charge ratiounverified78.1%88.2%70.2%70.7%72.3%64.6%
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