MERITUS MEDICAL CENTER — financial and operating metrics

CCN 210001, HAGERSTOWN, MD · 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 availableunverified254274254265242236
Total bed days availableunverified92,964100,01092,71096,72588,57286,140
Total facility dischargesunverified14,03614,36614,26013,99915,39216,831
Total facility inpatient daysunverified64,93567,86973,54166,87674,39378,534
Total patient revenue (gross charges)unverified$383,065,106$448,949,910$454,037,833$487,519,326$569,818,992$693,970,562
Contractual allowances and discountsunverified$68,864,354$67,343,789$72,896,252$91,312,266$111,036,537$169,461,315
Net patient revenueunverified$314,200,752$381,606,121$381,141,581$396,207,060$458,782,455$524,509,247
Total operating expensesunverified$326,392,328$340,027,892$384,996,464$390,070,965$435,535,757$518,869,898
Net income from service to patientsunverified$-12,191,576$41,578,229$-3,854,883$6,136,095$23,246,698$5,639,349
Net incomeunverified$18,670,084$113,656,391$-23,409,347$83,624,000$102,592,795$90,606,018
Cost of uncompensated careunverified$13,260,430
Total facility bad debt expenseunverified$13,547,987
Charity care charges and uninsured discountsunverified$3,505,400
Cost of charity careunverified$3,076,422
Operating marginunverified-3.9%10.9%-1.0%1.5%5.1%1.1%
Overall cost-to-charge ratiounverified85.2%75.7%84.8%80.0%76.4%74.8%
Occupancy rateunverified69.8%67.9%79.3%69.1%84.0%91.2%
Average length of stayunverified4.64.75.24.84.84.7
Uncompensated care as % of operating expenseunverified4.1%
Charity care cost-to-charge ratiounverified87.8%
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