PHELPS HOSPITAL — financial and operating metrics

CCN 330261, SLEEPY HOLLOW, 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 availableunverified160160135131145128
Total bed days availableunverified62,20058,40057,46951,20549,60549,317
Total facility dischargesunverified6,0286,3026,5616,6086,7377,026
Total facility inpatient daysunverified34,93434,46937,43238,29238,46134,994
Total patient revenue (gross charges)unverified$1,159,355,284$1,444,586,179$1,626,522,139$1,784,880,321$1,989,738,063$2,175,616,297
Contractual allowances and discountsunverified$876,310,747$1,095,336,730$1,266,103,079$1,411,926,855$1,610,464,873$1,743,870,546
Net patient revenueunverified$283,044,537$349,249,449$360,419,060$372,953,466$379,273,190$431,745,751
Total operating expensesunverified$364,318,533$381,827,366$433,942,363$454,434,892$494,429,226$562,351,559
Net income from service to patientsunverified$-81,273,996$-32,577,917$-73,523,303$-81,481,426$-115,156,036$-130,605,808
Net incomeunverified$15,571,000$32,962,000$-1,703,302$41,153,595$22,221,433$25,537,462
Cost of uncompensated careunverified$3,376,638$2,420,053$3,801,377$4,386,699$2,948,171$7,629,582
Total facility bad debt expenseunverified$6,697,874$2,669,037$5,665,429$10,458,652$5,867,863$279,627
Charity care charges and uninsured discountsunverified$6,065,475$8,224,426$10,300,844$10,594,751$8,862,372$15,464,017
Cost of charity careunverified$1,748,769$1,845,649$2,630,281$2,368,283$1,869,816$7,559,554
Operating marginunverified-28.7%-9.3%-20.4%-21.8%-30.4%-30.3%
Overall cost-to-charge ratiounverified31.4%26.4%26.7%25.5%24.8%25.8%
Occupancy rateunverified56.2%59.0%65.1%74.8%77.5%71.0%
Average length of stayunverified5.85.55.75.85.75.0
Uncompensated care as % of operating expenseunverified0.9%0.6%0.9%1.0%0.6%1.4%
Charity care cost-to-charge ratiounverified28.8%22.4%25.5%22.4%21.1%48.9%
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