PROVIDENCE MEDICAL CENTER — financial and operating metrics

CCN 281345, WAYNE, 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 availableunverified212121212121
Total bed days availableunverified7,6867,6657,6657,6657,6867,665
Total facility dischargesunverified306311303260258224
Total facility inpatient daysunverified1,6301,9221,5111,4731,2521,600
Total patient revenue (gross charges)unverified$27,930,680$33,709,730$30,839,280$37,997,426$37,997,426$46,563,074
Contractual allowances and discountsunverified$6,328,865$9,029,777$7,520,215$10,936,869$10,936,869$10,878,535
Net patient revenueunverified$21,601,815$24,679,953$23,319,065$27,060,557$27,060,557$35,684,539
Total operating expensesunverified$23,718,742$24,987,828$26,670,731$27,632,533$30,537,654$34,112,461
Net income from service to patientsunverified$-2,116,927$-307,875$-3,351,666$-571,976$-3,477,097$1,572,078
Net incomeunverified$1,565,050$7,437,223$-1,314,906$750,757$-2,154,364$4,107,657
Cost of uncompensated careunverified$887,667$874,528$869,594$836,431$1,061,405$1,209,140
Total facility bad debt expenseunverified$745,151$775,003$679,672$679,672$840,696$898,673
Charity care charges and uninsured discountsunverified$367,957$421,953$376,749$438,474$582,978$717,190
Cost of charity careunverified$316,060$337,831$330,741$355,302$476,095$591,389
Operating marginunverified-9.8%-1.2%-14.4%-2.1%-12.8%4.4%
Overall cost-to-charge ratiounverified84.9%74.1%86.5%72.7%80.4%73.3%
Occupancy rateunverified21.2%25.1%19.7%19.2%16.3%20.9%
Average length of stayunverified5.36.25.05.74.97.1
Uncompensated care as % of operating expenseunverified3.7%3.5%3.3%3.0%3.5%3.5%
Charity care cost-to-charge ratiounverified85.9%80.1%87.8%81.0%81.7%82.5%
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