ADCARE HOSPITAL OF WORCESTER INC — financial and operating metrics

CCN 220062, WORCESTER, MA · 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 availableunverified114114114114114114
Total bed days availableunverified41,72441,61041,61041,61041,72441,610
Total facility dischargesunverified5,8875,3785,7924,4725,3265,604
Total facility inpatient daysunverified34,01331,02536,05429,93535,99737,500
Total patient revenue (gross charges)unverified$68,316,644$68,194,893$75,153,727$62,426,881$66,146,600$67,400,146
Contractual allowances and discountsunverified$31,216,961$32,835,555$38,834,308$30,228,831$27,618,864$30,555,202
Net patient revenueunverified$37,099,683$35,359,338$36,319,419$32,198,050$38,527,736$36,844,944
Total operating expensesunverified$38,740,407$36,567,190$37,030,370$30,431,256$32,503,132$31,995,117
Net income from service to patientsunverified$-1,640,724$-1,207,852$-710,951$1,766,794$6,024,604$4,849,827
Net incomeunverified$919,190$113,674$3,923,734$2,619,318$6,769,756$5,056,873
Cost of uncompensated careunverified$929,255$728,025$740,381$506,628$464,165$518,893
Total facility bad debt expenseunverified$2,345,720$1,832,857$1,851,834$1,316,009$1,144,973$1,185,492
Operating marginunverified-4.4%-3.4%-2.0%5.5%15.6%13.2%
Overall cost-to-charge ratiounverified56.7%53.6%49.3%48.7%49.1%47.5%
Occupancy rateunverified81.5%74.6%86.6%71.9%86.3%90.1%
Average length of stayunverified5.85.86.26.76.86.7
Uncompensated care as % of operating expenseunverified2.4%2.0%2.0%1.7%1.4%1.6%
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