MEMORIAL MISSION HOSPITAL AND ASHEVILLE SURGERY CE — financial and operating metrics

CCN 340002, ASHEVILLE, NC · 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 availableunverified733733733717717757
Total bed days availableunverified268,062267,545267,545261,705262,305276,422
Total facility dischargesunverified43,12243,79542,73444,87847,27750,611
Total facility inpatient daysunverified203,900224,358228,327236,932246,260242,892
Total patient revenue (gross charges)unverified$4,185,113,256$4,743,444,564$5,008,004,398$5,541,585,191$6,114,583,905$6,824,405,656
Contractual allowances and discountsunverified$3,157,904,796$3,476,214,494$3,708,447,763$4,205,958,826$4,675,760,468$5,352,766,345
Net patient revenueunverified$1,027,208,460$1,267,230,070$1,299,556,635$1,335,626,365$1,438,823,437$1,471,639,311
Total operating expensesunverified$1,156,550,593$1,046,450,877$1,202,854,597$1,169,000,710$1,234,501,897$1,274,326,495
Net income from service to patientsunverified$-129,342,133$220,779,193$96,702,038$166,625,655$204,321,540$197,312,816
Net incomeunverified$-106,362$272,516,057$155,937,364$217,738,374$245,834,259$233,978,228
Cost of uncompensated careunverified$74,367,010$54,240,070$59,513,144$54,574,743$55,057,733$55,700,693
Total facility bad debt expenseunverified$42,613,119$27,942,386$37,230,279$37,664,461$39,019,223$30,976,235
Charity care charges and uninsured discountsunverified$307,681,074$239,577,245$249,141,728$250,921,385$253,898,129$232,915,162
Cost of charity careunverified$65,394,153$48,444,583$52,073,448$47,590,038$48,026,706$50,349,609
Charges for insured patients' liabilityunverified$3,895,058$2,913,495
Operating marginunverified-12.6%17.4%7.4%12.5%14.2%13.4%
Overall cost-to-charge ratiounverified27.6%22.1%24.0%21.1%20.2%18.7%
Occupancy rateunverified76.1%83.9%85.3%90.5%93.9%87.9%
Average length of stayunverified4.75.15.35.35.24.8
Uncompensated care as % of operating expenseunverified6.4%5.2%4.9%4.7%4.5%4.4%
Charity care cost-to-charge ratiounverified21.3%20.2%20.9%19.0%18.9%21.6%
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