MOSES-LUDINGTON HOSPITAL — financial and operating metrics

CCN 331306, TICONDEROGA, NY · Medicare cost reports, FY2017–FY2018

Short reporting period. FY2018 (89 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
89d
Total facility beds availableunverified15
Total bed days availableunverified2,265
Total facility dischargesunverified14
Total facility inpatient daysunverified36.0
Total patient revenue (gross charges)unverified$19,523,581$5,361,265
Contractual allowances and discountsunverified$9,709,628$3,528,753
Net patient revenueunverified$9,813,953$1,832,512
Total operating expensesunverified$10,035,439$2,669,305
Net income from service to patientsunverified$-221,486$-836,793
Net incomeunverified$93,476$-886,909
Cost of uncompensated careunverified$958,452$137,096
Total facility bad debt expenseunverified$1,154,942$278,115
Charity care charges and uninsured discountsunverified$777,286$6,653
Cost of charity careunverified$367,811$3,203
Operating marginunverified-2.3%-45.7%
Overall cost-to-charge ratiounverified51.4%49.8%
Occupancy rateunverified1.6%
Uncompensated care as % of operating expenseunverified9.6%5.1%
Charity care cost-to-charge ratiounverified47.3%48.1%
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