NANTUCKET COTTAGE HOSPITAL — financial and operating metrics

CCN 220177, NANTUCKET, 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 availableunverified141414141414
Total bed days availableunverified5,1245,1105,1105,1105,1245,110
Total facility dischargesunverified434475517535522476
Total facility inpatient daysunverified2,0162,3632,2472,1632,0131,805
Total patient revenue (gross charges)unverified$89,463,772$121,369,822$120,248,630$133,757,872$162,518,258
Contractual allowances and discountsunverified$37,504,620$51,720,952$54,925,182$56,357,496$78,155,628
Net patient revenueunverified$51,959,152$69,648,870$65,323,448$77,400,376$84,362,630
Total operating expensesunverified$63,386,997$72,391,081$82,181,494$89,192,178$93,810,151$106,778,179
Net income from service to patientsunverified$-11,427,845$-2,742,211$-16,858,046$-11,791,802$-93,810,151$-22,415,549
Net incomeunverified$2,574,924$7,305,367$-11,601,726$-4,003,158$-93,810,151$-4,627,897
Cost of uncompensated careunverified$2,152,290$1,973,609$2,972,700$3,319,182$4,017,356$3,693,413
Total facility bad debt expenseunverified$1,846,804$1,379,605$2,145,105$2,314,130$2,214,470$2,138,379
Charity care charges and uninsured discountsunverified$1,592,040$2,302,643$2,889,465$3,401,985$5,255,038$5,193,200
Cost of charity careunverified$1,015,015$1,248,588$1,724,857$1,996,536$2,840,177$2,628,346
Charges for insured patients' liabilityunverified$34,470$8,392$5,969
Operating marginunverified-22.0%-3.9%-25.8%-15.2%-26.6%
Overall cost-to-charge ratiounverified70.9%59.6%68.3%66.7%65.7%
Occupancy rateunverified39.3%46.2%44.0%42.3%39.3%35.3%
Average length of stayunverified4.65.04.34.03.93.8
Uncompensated care as % of operating expenseunverified3.4%2.7%3.6%3.7%4.3%3.5%
Charity care cost-to-charge ratiounverified63.8%54.2%59.7%58.7%54.0%50.6%
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