GARNET HEALTH MEDICAL CENTER CATSKILLS — financial and operating metrics

CCN 330386, HARRIS, 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 availableunverified848476767676
Total bed days availableunverified30,74430,66027,78027,74027,81627,740
Total facility dischargesunverified3,3423,4293,0652,8152,5112,457
Total facility inpatient daysunverified17,23018,12014,74812,30111,53011,085
Total patient revenue (gross charges)unverified$330,178,531$411,436,293$445,206,933$468,409,573$490,704,859$518,787,883
Contractual allowances and discountsunverified$245,096,516$320,521,067$363,554,960$390,725,410$401,463,817$434,687,991
Net patient revenueunverified$85,082,015$90,915,226$81,651,973$77,684,163$89,241,042$84,099,892
Total operating expensesunverified$110,011,731$102,065,905$102,967,097$100,754,250$96,360,442$99,866,314
Net income from service to patientsunverified$-24,929,716$-11,150,679$-21,315,124$-23,070,087$-7,119,400$-15,766,422
Net incomeunverified$5,350,332$-1,032,840$-18,247,084$-13,516,663$-1,380,492$-12,857,237
Cost of uncompensated careunverified$3,482,388$2,587,782$3,155,546$3,409,985$4,348,386$3,897,608
Total facility bad debt expenseunverified$3,656,951$3,918,445$3,516,825$3,813,056$6,313,776$5,450,675
Charity care charges and uninsured discountsunverified$8,169,915$8,356,098$11,080,217$14,542,878$19,707,799$18,143,490
Cost of charity careunverified$2,448,340$1,753,438$2,419,852$2,653,781$3,249,085$2,950,808
Charges for insured patients' liabilityunverified$15,977$569,613
Operating marginunverified-29.3%-12.3%-26.1%-29.7%-8.0%-18.7%
Overall cost-to-charge ratiounverified33.3%24.8%23.1%21.5%19.6%19.2%
Occupancy rateunverified56.0%59.1%53.1%44.3%41.5%40.0%
Average length of stayunverified5.25.34.84.44.64.5
Uncompensated care as % of operating expenseunverified3.2%2.5%3.1%3.4%4.5%3.9%
Charity care cost-to-charge ratiounverified30.0%21.0%21.8%18.2%16.5%16.3%
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