MEMORIAL HEALTH CARE SYSTEMS — financial and operating metrics

CCN 281339, SEWARD, NE · 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 availableunverified242424242424
Total bed days availableunverified8,7848,7608,7608,7608,7848,760
Total facility dischargesunverified349342406377376352
Total facility inpatient daysunverified3,0683,1023,1003,1662,7962,979
Total patient revenue (gross charges)unverified$42,249,760$46,301,837$53,073,018$53,438,279$51,878,968$54,911,758
Contractual allowances and discountsunverified$7,285,956$8,966,984$11,065,409$9,101,442$12,487,348$12,077,784
Net patient revenueunverified$34,963,804$37,334,853$42,007,609$44,336,837$39,391,620$42,833,974
Total operating expensesunverified$33,509,676$36,727,332$40,143,162$41,459,439$43,133,032$46,559,357
Net income from service to patientsunverified$1,454,128$607,521$1,864,447$2,877,398$-3,741,412$-3,725,383
Net incomeunverified$4,221,023$11,569,894$2,371,929$6,698,569$5,162,243$6,331,251
Cost of uncompensated careunverified$555,574$732,464$589,745$571,577$723,511$644,247
Total facility bad debt expenseunverified$605,522$845,171$718,123$599,165$824,967$654,095
Charity care charges and uninsured discountsunverified$192,101$180,197$130,153$164,004$154,015$207,576
Cost of charity careunverified$166,409$145,856$108,611$145,066$131,064$178,896
Operating marginunverified4.2%1.6%4.4%6.5%-9.5%-8.7%
Overall cost-to-charge ratiounverified79.3%79.3%75.6%77.6%83.1%84.8%
Occupancy rateunverified34.9%35.4%35.4%36.1%31.8%34.0%
Average length of stayunverified8.89.17.68.47.48.5
Uncompensated care as % of operating expenseunverified1.7%2.0%1.5%1.4%1.7%1.4%
Charity care cost-to-charge ratiounverified86.6%80.9%83.4%88.5%85.1%86.2%
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