MARGARETVILLE MEMORIAL HOSPITAL — financial and operating metrics

CCN 331304, MARGARETVILLE, 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 availableunverified151515151515
Total bed days availableunverified5,4905,4755,4755,4755,4905,475
Total facility dischargesunverified9687100939470
Total facility inpatient daysunverified9481,2801,5271,5261,6901,901
Total patient revenue (gross charges)unverified$30,470,231$37,219,472$37,009,301$37,199,280$39,981,343$44,281,257
Contractual allowances and discountsunverified$13,603,957$20,160,308$21,854,676$20,889,310$22,257,782$24,676,072
Net patient revenueunverified$16,866,274$17,059,164$15,154,625$16,309,970$17,723,561$19,605,185
Total operating expensesunverified$22,352,242$25,300,908$27,420,225$27,158,994$30,080,667$31,848,280
Net income from service to patientsunverified$-5,485,968$-8,241,744$-12,265,600$-10,849,024$-12,357,106$-12,243,095
Net incomeunverified$3,404,247$-4,373,657$-8,032,185$-7,802,595$-9,075,827$-8,338,078
Cost of uncompensated careunverified$434,411$308,706$461,989$711,217$875,866$820,172
Total facility bad debt expenseunverified$646,708$186,980$456,593$703,606$893,004$804,629
Charity care charges and uninsured discountsunverified$65,720$292,556$230,870$406,903$405,138$419,657
Cost of charity careunverified$53,685$203,166$181,466$285,818$289,701$307,133
Charges for insured patients' liabilityunverified$4,738
Operating marginunverified-32.5%-48.3%-80.9%-66.5%-69.7%-62.4%
Overall cost-to-charge ratiounverified73.4%68.0%74.1%73.0%75.2%71.9%
Occupancy rateunverified17.3%23.4%27.9%27.9%30.8%34.7%
Average length of stayunverified9.914.715.316.418.027.2
Uncompensated care as % of operating expenseunverified1.9%1.2%1.7%2.6%2.9%2.6%
Charity care cost-to-charge ratiounverified81.7%69.4%78.6%70.2%71.5%73.2%
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