KEARNEY REGIONAL MEDICAL CENTER — financial and operating metrics

CCN 280134, KEARNEY, NE · 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 availableunverified939893939393
Total bed days availableunverified33,94535,86833,94533,94533,94534,038
Total facility dischargesunverified2,9752,9752,3072,7374,3094,410
Total facility inpatient daysunverified15,62014,84813,05713,82015,26415,173
Total patient revenue (gross charges)unverified$391,059,111$414,611,948$480,282,219$479,860,275$510,721,670$623,764,515
Contractual allowances and discountsunverified$264,172,491$274,148,577$320,876,670$333,951,675$351,273,992$454,347,438
Net patient revenueunverified$126,886,620$140,463,371$159,405,549$145,908,600$159,447,678$169,417,077
Total operating expensesunverified$125,198,736$131,699,806$169,467,930$160,075,964$174,471,538$181,284,729
Net income from service to patientsunverified$1,687,884$8,763,565$-10,062,381$-14,167,364$-15,023,860$-11,867,652
Net incomeunverified$2,953,397$10,918,738$145,043,839$-12,796,163$148,178,313$-8,692,948
Cost of uncompensated careunverified$6,698,799$1,455,084$1,655,779$7,557,247$2,199,242$3,383,680
Total facility bad debt expenseunverified$10,579,656$3,842,005$3,880,120$1,520,384$3,901,307$4,639,504
Charity care charges and uninsured discountsunverified$4,817,747$5,231,583$4,527,362$7,688,838$2,176,133$6,991,577
Cost of charity careunverified$3,541,846$306,376$340,019$7,085,001$970,324$2,202,798
Charges for insured patients' liabilityunverified$291,293$473,698
Operating marginunverified1.3%6.2%-6.3%-9.7%-9.4%-7.0%
Overall cost-to-charge ratiounverified32.0%31.8%35.3%33.4%34.2%29.1%
Occupancy rateunverified46.0%41.4%38.5%40.7%45.0%44.6%
Average length of stayunverified5.35.05.75.03.53.4
Uncompensated care as % of operating expenseunverified5.4%1.1%1.0%4.7%1.3%1.9%
Charity care cost-to-charge ratiounverified73.5%5.9%7.5%92.1%44.6%31.5%
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