ALBANY MEMORIAL HOSPITAL — financial and operating metrics

CCN 330003, ALBANY, NY · Medicare cost reports, FY2018–FY2019

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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MetricFY2018FY2019
Total facility beds availableunverified7373
Total bed days availableunverified26,64513,432
Total facility dischargesunverified2,440426
Total facility inpatient daysunverified10,1111,201
Total patient revenue (gross charges)unverified$315,450,090$149,513,833
Contractual allowances and discountsunverified$221,054,412$108,614,988
Net patient revenueunverified$94,395,678$40,898,845
Total operating expensesunverified$89,602,346$42,738,005
Net income from service to patientsunverified$4,793,332$-1,839,160
Net incomeunverified$2,505,322$384,992
Cost of uncompensated careunverified$2,455,600$1,375,944
Total facility bad debt expenseunverified$9,327,741$3,335,883
Charity care charges and uninsured discountsunverified$121,512$1,970,963
Cost of charity careunverified$27,679$532,495
Operating marginunverified5.1%-4.5%
Overall cost-to-charge ratiounverified28.4%28.6%
Occupancy rateunverified37.9%8.9%
Average length of stayunverified4.12.8
Uncompensated care as % of operating expenseunverified2.7%3.2%
Charity care cost-to-charge ratiounverified22.8%27.0%
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