NORTHERN LIGHT SEBASTICOOK VALLEY HOSPITAL — financial and operating metrics

CCN 201313, PITTSFIELD, 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 dischargesunverified692820783854935870
Total facility inpatient daysunverified4,1714,9785,0524,0604,6284,802
Total patient revenue (gross charges)unverified$77,490,112$89,987,850$99,683,336$119,707,808$137,220,469$165,691,535
Contractual allowances and discountsunverified$36,616,101$40,869,785$42,479,609$64,424,871$77,196,210$100,967,789
Net patient revenueunverified$40,874,011$49,118,065$57,203,727$55,282,937$60,024,259$64,723,746
Total operating expensesunverified$42,145,952$47,013,845$52,059,427$54,811,838$57,088,047$60,701,023
Net income from service to patientsunverified$-1,271,941$2,104,220$5,144,300$471,099$2,936,212$4,022,723
Net incomeunverified$3,059,060$9,769,361$11,156,945$7,123,736$5,196,861$6,104,630
Cost of uncompensated careunverified$367,185$297,446$1,075,995$1,686,197$668,096$1,618,589
Total facility bad debt expenseunverified$658,313$652,178$2,029,436$3,624,469$1,455,268$4,025,795
Charity care charges and uninsured discountsunverified$199,441$59,465$79,617$51,298$80,578$54,731
Cost of charity careunverified$106,541$50,723$60,421$35,341$65,230$36,331
Operating marginunverified-3.1%4.3%9.0%0.9%4.9%6.2%
Overall cost-to-charge ratiounverified54.4%52.2%52.2%45.8%41.6%36.6%
Occupancy rateunverified45.6%54.6%55.4%44.5%50.6%52.6%
Average length of stayunverified6.06.16.54.84.95.5
Uncompensated care as % of operating expenseunverified0.9%0.6%2.1%3.1%1.2%2.7%
Charity care cost-to-charge ratiounverified53.4%85.3%75.9%68.9%81.0%66.4%
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