CORNING HOSPITAL — financial and operating metrics

CCN 330277, CORNING, 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 availableunverified656565656565
Total bed days availableunverified23,79023,72523,72523,72523,79023,733
Total facility dischargesunverified4,0024,0403,9674,0774,2554,704
Total facility inpatient daysunverified13,24716,23716,62317,39817,07317,936
Total patient revenue (gross charges)unverified$498,027,847$597,374,205$671,590,114$798,538,675$925,845,851$1,025,631,928
Contractual allowances and discountsunverified$375,364,198$460,720,575$519,851,702$629,189,040$731,108,015$814,970,648
Net patient revenueunverified$122,663,649$136,653,630$151,738,412$169,349,635$194,737,836$210,661,280
Total operating expensesunverified$121,776,799$128,758,045$137,174,327$160,819,676$171,855,019$180,663,662
Net income from service to patientsunverified$886,850$7,895,585$14,564,085$8,529,959$22,882,817$29,997,618
Net incomeunverified$19,143,221$41,130,374$7,102,350$21,154,772$44,019,616$60,511,835
Cost of uncompensated careunverified$1,893,695$1,655,960$945,357$1,967,498$1,882,611$2,194,888
Total facility bad debt expenseunverified$7,452,690$5,608,082$1,710,467$7,029,431$8,597,634$7,908,653
Charity care charges and uninsured discountsunverified$940,974$1,768,481$2,308,869$2,745,054$1,995,654$4,542,705
Cost of charity careunverified$272,467$552,111$576,929$650,045$427,763$960,356
Operating marginunverified0.7%5.8%9.6%5.0%11.8%14.2%
Overall cost-to-charge ratiounverified24.5%21.6%20.4%20.1%18.6%17.6%
Occupancy rateunverified55.7%68.4%70.1%73.3%71.8%75.6%
Average length of stayunverified3.34.04.24.34.03.8
Uncompensated care as % of operating expenseunverified1.6%1.3%0.7%1.2%1.1%1.2%
Charity care cost-to-charge ratiounverified29.0%31.2%25.0%23.7%21.4%21.1%
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