Memorial Hospital Biloxi — financial and operating metrics

CCN 250007, BILOXI, MS · Medicare cost reports, FY2019–FY2024

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified143133133121121121
Total bed days availableunverified52,20648,67848,42544,16544,16544,286
Total facility dischargesunverified5,4013,9794,1593,6903,2982,908
Total facility inpatient daysunverified20,70014,77116,11314,03912,78812,482
Total patient revenue (gross charges)unverified$1,002,978,741$861,896,979$994,260,855$1,016,825,300$1,045,180,260$1,035,104,348
Contractual allowances and discountsunverified$910,620,476$788,527,745$915,621,266$938,501,589$978,790,194$950,522,174
Net patient revenueunverified$92,358,265$73,369,234$78,639,589$78,323,711$66,390,066$84,582,174
Total operating expensesunverified$95,843,901$79,025,066$80,675,956$81,169,757$73,316,417$83,490,901
Net income from service to patientsunverified$-3,485,636$-5,655,832$-2,036,367$-2,846,046$-6,926,351$1,091,273
Net incomeunverified$-1,969,423$-1,541,794$10,126,481$-519,718$-3,137,613$2,111,078
Cost of uncompensated careunverified$9,789,414$9,818,560$7,150,251$8,779,971$6,306,060$6,470,143
Total facility bad debt expenseunverified$44,556,123$45,421,343$18,754,297$30,085,083$17,460,565$15,264,795
Charity care charges and uninsured discountsunverified$69,813,988$74,526,661$78,644,332$86,690,865$75,697,288$76,817,723
Cost of charity careunverified$5,876,243$6,015,108$5,683,236$6,454,748$5,076,380$5,346,932
Operating marginunverified-3.8%-7.7%-2.6%-3.6%-10.4%1.3%
Overall cost-to-charge ratiounverified9.6%9.2%8.1%8.0%7.0%8.1%
Occupancy rateunverified39.7%30.3%33.3%31.8%29.0%28.2%
Average length of stayunverified3.83.73.93.83.94.3
Uncompensated care as % of operating expenseunverified10.2%12.4%8.9%10.8%8.6%7.7%
Charity care cost-to-charge ratiounverified8.4%8.1%7.2%7.4%6.7%7.0%
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