MERIT HEALTH MADISON — financial and operating metrics

CCN 250038, CANTON, MS · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2025 (60 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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
60d
Total facility beds availableunverified676767673131
Total bed days availableunverified24,52224,45524,45524,45511,3461,891
Total facility dischargesunverified1,0298399021,1061,078152
Total facility inpatient daysunverified4,4954,6964,6814,7804,128474
Total patient revenue (gross charges)unverified$254,849,799$302,362,138$337,312,910$386,762,417$410,225,038$24,965,398
Contractual allowances and discountsunverified$222,263,690$266,549,667$304,450,177$348,148,205$372,393,221$20,193,976
Net patient revenueunverified$32,586,109$35,812,471$32,862,733$38,614,212$37,831,817$4,771,422
Total operating expensesunverified$32,912,545$35,846,469$33,270,023$38,056,423$39,016,527$6,630,130
Net income from service to patientsunverified$-326,436$-33,998$-407,290$557,789$-1,184,710$-1,858,708
Net incomeunverified$2,664,921$3,469,564$-2,100,797$941,902$320,866$-1,858,683
Cost of uncompensated careunverified$3,113,634$2,458,724$2,627,741$2,678,088$2,914,443$1,364,585
Total facility bad debt expenseunverified$9,930,083$5,953,846$8,469,957$5,645,211$7,786,238$2,484,841
Charity care charges and uninsured discountsunverified$15,657,134$17,473,733$20,234,493$26,338,233$26,520,658$1,823,784
Cost of charity careunverified$1,889,413$1,813,180$1,824,396$2,179,120$2,218,710$577,611
Operating marginunverified-1.0%-0.1%-1.2%1.4%-3.1%-39.0%
Overall cost-to-charge ratiounverified12.9%11.9%9.9%9.8%9.5%26.6%
Occupancy rateunverified18.3%19.2%19.1%19.5%36.4%25.1%
Average length of stayunverified4.45.65.24.33.83.1
Uncompensated care as % of operating expenseunverified9.5%6.9%7.9%7.0%7.5%20.6%
Charity care cost-to-charge ratiounverified12.1%10.4%9.0%8.3%8.4%31.7%
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