BEAUMONT HOSPITAL ROYAL OAK — financial and operating metrics

CCN 230130, ROYAL OAK, MI · 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 availableunverified1,0251,0261,0261,0261,0261,026
Total bed days availableunverified374,072374,490365,807352,340362,966369,913
Total facility dischargesunverified41,68545,70044,95545,03247,85643,930
Total facility inpatient daysunverified251,871278,078271,851265,320272,662266,089
Total patient revenue (gross charges)unverified$5,024,564,172$6,238,029,634$6,452,787,914$6,455,651,622$6,946,526,056$7,825,315,557
Contractual allowances and discountsunverified$3,675,792,928$4,763,020,881$4,896,095,334$4,883,414,656$5,237,200,519$5,930,844,096
Net patient revenueunverified$1,348,771,244$1,475,008,753$1,556,692,580$1,572,236,966$1,709,325,537$1,894,471,461
Total operating expensesunverified$1,423,943,761$1,511,491,369$1,568,799,242$1,572,494,753$1,699,115,287$1,779,474,915
Net income from service to patientsunverified$-75,172,517$-36,482,616$-12,106,662$-257,787$10,210,250$114,996,546
Net incomeunverified$67,322,262$35,033,845$33,146,237$11,467,546$30,795,423$144,758,968
Cost of uncompensated careunverified$18,545,759$12,534,680$15,549,670$15,335,027$21,299,672$24,468,719
Total facility bad debt expenseunverified$44,364,139$28,477,541$46,465,037$54,141,837$71,905,072$76,300,199
Charity care charges and uninsured discountsunverified$24,473,202$22,907,408$20,812,061$9,160,417$29,780,285$45,309,850
Cost of charity careunverified$6,915,199$5,612,051$4,729,496$2,434,824$6,480,906$9,420,817
Charges for insured patients' liabilityunverified$48,011$195,203$393,267
Operating marginunverified-5.6%-2.5%-0.8%-0.0%0.6%6.1%
Overall cost-to-charge ratiounverified28.3%24.2%24.3%24.4%24.5%22.7%
Occupancy rateunverified67.3%74.3%74.3%75.3%75.1%71.9%
Average length of stayunverified6.06.16.05.95.76.1
Uncompensated care as % of operating expenseunverified1.3%0.8%1.0%1.0%1.3%1.4%
Charity care cost-to-charge ratiounverified28.3%24.5%22.7%26.6%21.8%20.8%
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