BASSETT HOSPITAL OF SCHOHARIE COUNTY — financial and operating metrics

CCN 330268, COBLESKILL, NY · Medicare cost reports, FY2017–FY2018

Short reporting period. FY2018 (286 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2017FY2018
286d
Total facility beds availableunverified4040
Total bed days availableunverified14,60011,480
Total facility dischargesunverified462335
Total facility inpatient daysunverified4,6443,111
Total patient revenue (gross charges)unverified$67,779,320$52,721,538
Contractual allowances and discountsunverified$42,254,633$31,040,947
Net patient revenueunverified$25,524,687$21,680,591
Total operating expensesunverified$28,247,550$22,746,779
Net income from service to patientsunverified$-2,722,863$-1,066,188
Net incomeunverified$-2,007,360$-643,639
Cost of uncompensated careunverified$891,567$18,254
Total facility bad debt expenseunverified$2,131,218$51,865
Charity care charges and uninsured discountsunverified$84,155
Cost of charity careunverified$33,999
Operating marginunverified-10.7%-4.9%
Overall cost-to-charge ratiounverified41.7%43.1%
Occupancy rateunverified31.8%27.1%
Average length of stayunverified10.19.3
Uncompensated care as % of operating expenseunverified3.2%0.1%
Charity care cost-to-charge ratiounverified40.4%
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