MAGNOLIA REGIONAL HEALTH CENTER — financial and operating metrics

CCN 250009, CORINTH, MS · 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 availableunverified158158158158107107
Total bed days availableunverified57,82857,67052,16836,88337,68639,055
Total facility dischargesunverified6,3315,9575,5445,2955,7195,843
Total facility inpatient daysunverified24,76226,83723,80221,85623,35523,090
Total patient revenue (gross charges)unverified$747,573,406$743,710,054$699,989,573$675,622,116$536,716,270$631,236,289
Contractual allowances and discountsunverified$574,301,610$572,729,571$538,378,964$501,384,701$345,050,626$440,347,387
Net patient revenueunverified$173,271,796$170,980,483$161,610,609$174,237,415$191,665,644$190,888,902
Total operating expensesunverified$186,618,476$170,912,135$169,160,704$183,120,645$180,884,240$206,220,642
Net income from service to patientsunverified$-13,346,680$68,348$-7,550,095$-8,883,230$10,781,404$-15,331,740
Net incomeunverified$8,981,393$9,795,219$4,411,893$-17,802$26,148,321$-4,516,613
Cost of uncompensated careunverified$11,141,059$7,637,005$15,918,530$9,346,142$10,131,855$8,852,638
Total facility bad debt expenseunverified$28,944,496$16,822,812$19,307,672$24,110,452$24,128,982$14,707,352
Charity care charges and uninsured discountsunverified$26,958,892$25,542,685$19,992,210$13,388,872$10,007,953$14,545,376
Cost of charity careunverified$5,766,982$4,451,803$11,942,235$4,515,985$3,622,822$4,697,861
Operating marginunverified-7.7%0.0%-4.7%-5.1%5.6%-8.0%
Overall cost-to-charge ratiounverified25.0%23.0%24.2%27.1%33.7%32.7%
Occupancy rateunverified42.8%46.5%45.6%59.3%62.0%59.1%
Average length of stayunverified3.94.54.34.14.14.0
Uncompensated care as % of operating expenseunverified6.0%4.5%9.4%5.1%5.6%4.3%
Charity care cost-to-charge ratiounverified21.4%17.4%59.7%33.7%36.2%32.3%
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