BASSETT HEALTHCARE — financial and operating metrics

CCN 330136, COOPERSTOWN, NY · 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 availableunverified160160160160180180
Total bed days availableunverified58,56058,40058,40058,40065,70065,700
Total facility dischargesunverified7,8188,1007,3177,7338,9258,855
Total facility inpatient daysunverified37,56343,78842,87140,15948,19649,914
Total patient revenue (gross charges)unverified$1,139,415,748$1,282,080,891$1,280,213,190$1,423,233,118$1,624,875,685$2,081,962,028
Contractual allowances and discountsunverified$667,199,045$742,811,412$751,106,256$816,925,542$953,299,588$1,376,875,994
Net patient revenueunverified$472,216,703$539,269,479$529,106,934$606,307,576$671,576,097$705,086,034
Total operating expensesunverified$599,816,809$633,517,426$696,209,989$722,642,893$819,781,092$834,221,106
Net income from service to patientsunverified$-127,600,106$-94,247,947$-167,103,055$-116,335,317$-148,204,995$-129,135,072
Net incomeunverified$-1,355,928$25,174,567$-82,557,204$-33,488,080$-12,163,035$-11,134,775
Cost of uncompensated careunverified$2,601,075$5,888,711$4,670,760$2,819,003$6,349,834$5,364,748
Total facility bad debt expenseunverified$4,033,927$11,262,920$7,353,452$1,147,804$5,968,633$6,963,438
Charity care charges and uninsured discountsunverified$1,623,165$1,664,837$2,085,271$4,888,088$7,426,370$6,911,142
Cost of charity careunverified$785,664$778,821$1,283,239$2,417,272$3,804,449$3,009,530
Charges for insured patients' liabilityunverified$26,539$244,132
Operating marginunverified-27.0%-17.5%-31.6%-19.2%-22.1%-18.3%
Overall cost-to-charge ratiounverified52.6%49.4%54.4%50.8%50.5%40.1%
Occupancy rateunverified64.1%75.0%73.4%68.8%73.4%76.0%
Average length of stayunverified4.85.45.95.25.45.6
Uncompensated care as % of operating expenseunverified0.4%0.9%0.7%0.4%0.8%0.6%
Charity care cost-to-charge ratiounverified48.4%46.8%61.5%49.5%51.2%43.5%
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