SOCORRO GENERAL HOSPITAL — financial and operating metrics

CCN 321301, SOCORRO, NM · 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 dischargesunverified374439397381385345
Total facility inpatient daysunverified1,6651,7211,7221,4321,3461,373
Total patient revenue (gross charges)unverified$52,562,570$61,697,761$69,344,840$71,389,052$76,215,116$82,771,989
Contractual allowances and discountsunverified$25,465,855$31,860,899$34,753,890$35,773,326$31,858,567$30,522,545
Net patient revenueunverified$27,096,715$29,836,862$34,590,950$35,615,726$44,356,549$52,249,444
Total operating expensesunverified$30,871,721$32,173,080$35,688,184$36,354,381$39,533,498$47,931,780
Net income from service to patientsunverified$-3,775,006$-2,336,218$-1,097,234$-738,655$4,823,051$4,317,664
Net incomeunverified$-916,269$1,095,131$980,802$1,422,519$6,862,200$7,872,827
Cost of uncompensated careunverified$1,163,565$1,251,473$1,548,195$2,127,644$2,329,197$2,350,452
Total facility bad debt expenseunverified$291,508$378,460$395,217$486,560$697,138$696,579
Charity care charges and uninsured discountsunverified$1,556,630$1,708,786$2,290,197$3,134,112$3,417,319$3,546,839
Cost of charity careunverified$1,045,654$1,079,457$1,362,278$1,897,205$2,003,882$1,987,059
Operating marginunverified-13.9%-7.8%-3.2%-2.1%10.9%8.3%
Overall cost-to-charge ratiounverified58.7%52.1%51.5%50.9%51.9%57.9%
Occupancy rateunverified19.0%19.6%19.7%16.3%15.3%15.7%
Average length of stayunverified4.53.94.33.83.54.0
Uncompensated care as % of operating expenseunverified3.8%3.9%4.3%5.9%5.9%4.9%
Charity care cost-to-charge ratiounverified67.2%63.2%59.5%60.5%58.6%56.0%
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