LOGAN HEALTH - CHESTER — financial and operating metrics

CCN 271334, CHESTER, MT · Medicare cost reports, FY2019–FY2024

Short reporting period. FY2023 (274 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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MetricFY2019FY2020FY2021FY2022FY2023
274d
FY2024
Total facility beds availableunverified252525252525
Total bed days availableunverified9,1259,1509,1259,1256,8759,150
Total facility dischargesunverified492222134658
Total facility inpatient daysunverified7,7167,5097,2657,2565,0696,657
Total patient revenue (gross charges)unverified$8,080,882$7,619,409$7,716,030$8,236,188$7,142,071$9,233,784
Contractual allowances and discountsunverified$523,807$-419,148$1,612,600$77,243$123,995$123,995
Net patient revenueunverified$7,557,075$8,038,557$6,103,430$8,158,945$7,018,076$9,109,789
Total operating expensesunverified$8,048,293$9,071,807$9,838,712$10,498,533$8,661,081$11,665,570
Net income from service to patientsunverified$-491,218$-1,033,250$-3,735,282$-2,339,588$-1,643,005$-2,555,781
Net incomeunverified$795,750$-152,684$751,048$-896,132$391,611$560,865
Cost of uncompensated careunverified$26,967$126,756$238,994$128,969$84,597$37,807
Total facility bad debt expenseunverified$20,277$56,459$157,635$87,261$51,571
Charity care charges and uninsured discountsunverified$7,659$61,482$49,552$25,107$25,013$37,807
Cost of charity careunverified$7,226$61,221$45,554$24,956$23,511$37,807
Operating marginunverified-6.5%-12.9%-61.2%-28.7%-23.4%-28.1%
Overall cost-to-charge ratiounverified99.6%119.1%127.5%127.5%121.3%126.3%
Occupancy rateunverified84.6%82.1%79.6%79.5%73.7%72.8%
Average length of stayunverified157110115
Uncompensated care as % of operating expenseunverified0.3%1.4%2.4%1.2%1.0%0.3%
Charity care cost-to-charge ratiounverified94.3%99.6%91.9%99.4%94.0%100.0%
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