HEYWOOD HOSPITAL - — financial and operating metrics

CCN 220095, GARDNER, 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 dischargesunverified3,4093,5413,2593,3023,3213,741
Total facility inpatient daysunverified14,97516,27615,55914,21915,00216,466
Total patient revenue (gross charges)unverified$289,264,758$302,904,703$334,795,626$366,215,953$437,912,791$489,675,823
Contractual allowances and discountsunverified$161,720,812$166,906,594$199,215,017$222,401,543$281,960,250$319,134,926
Net patient revenueunverified$127,543,946$135,998,109$135,580,609$143,814,410$155,952,541$170,540,897
Total operating expensesunverified$146,156,166$150,175,265$174,617,762$197,888,551$202,109,940$201,793,805
Net income from service to patientsunverified$-18,612,220$-14,177,156$-39,037,153$-54,074,141$-46,157,399$-31,252,908
Net incomeunverified$-12,942,469$3,707,616$-18,465,434$-15,120,391$1,460,976$10,327,088
Cost of uncompensated careunverified$1,843,385$1,540,278$2,806,521$1,634,329$1,874,307$2,422,140
Total facility bad debt expenseunverified$3,314,663$3,064,302$5,073,712$2,913,301$3,667,547$4,921,107
Charity care charges and uninsured discountsunverified$568,077$584,354$137,627$367,933$760,143$968,652
Cost of charity careunverified$468,123$271,162$86,761$214,151$355,887$431,010
Charges for insured patients' liabilityunverified$7,549$54,586$3,733
Operating marginunverified-14.6%-10.4%-28.8%-37.6%-29.6%-18.3%
Overall cost-to-charge ratiounverified50.5%49.6%52.2%54.0%46.2%41.2%
Occupancy rateunverified35.9%39.1%37.4%34.2%36.0%39.6%
Average length of stayunverified4.44.64.84.34.54.4
Uncompensated care as % of operating expenseunverified1.3%1.0%1.6%0.8%0.9%1.2%
Charity care cost-to-charge ratiounverified82.4%46.4%63.0%58.2%46.8%44.5%
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