MAINEHEALTH STEPHENS HOSPITAL — financial and operating metrics

CCN 201315, NORWAY, 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 dischargesunverified1,1691,1961,3661,4001,5051,697
Total facility inpatient daysunverified4,0524,3976,4796,3616,5236,582
Total patient revenue (gross charges)unverified$127,794,894$156,989,278$181,148,378$211,351,968$231,884,031$266,879,441
Contractual allowances and discountsunverified$55,372,866$69,195,011$80,694,355$102,892,220$113,374,871$133,837,552
Net patient revenueunverified$72,422,028$87,794,267$100,454,023$108,459,748$118,509,160$133,041,889
Total operating expensesunverified$77,325,349$84,526,699$96,193,262$104,056,895$112,930,813$121,875,485
Net income from service to patientsunverified$-4,903,321$3,267,568$4,260,761$4,402,853$5,578,347$11,166,404
Net incomeunverified$-825,017$12,977,013$15,061,155$14,706,518$11,032,609$15,316,064
Cost of uncompensated careunverified$4,124,235$3,152,435$3,045,535$4,979,534$4,773,772$5,541,534
Total facility bad debt expenseunverified$5,498,782$5,358,953$4,988,516$7,097,734$7,037,413$7,853,567
Charity care charges and uninsured discountsunverified$1,264,867$576,040$699,046$1,768,300$2,035,878$2,731,412
Cost of charity careunverified$919,356$428,391$567,373$1,601,413$1,306,243$1,874,672
Charges for insured patients' liabilityunverified$446,801
Operating marginunverified-6.8%3.7%4.2%4.1%4.7%8.4%
Overall cost-to-charge ratiounverified60.5%53.8%53.1%49.2%48.7%45.7%
Occupancy rateunverified44.3%48.2%71.0%69.7%71.3%72.1%
Average length of stayunverified3.53.74.74.54.33.9
Uncompensated care as % of operating expenseunverified5.3%3.7%3.2%4.8%4.2%4.5%
Charity care cost-to-charge ratiounverified72.7%74.4%81.2%90.6%64.2%68.6%
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