SCOTLAND MEMORIAL HOSPITAL — financial and operating metrics

CCN 340008, LAURINBURG, 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 availableunverified9797104104104104
Total bed days availableunverified35,50235,40537,96037,96038,06437,960
Total facility dischargesunverified6,5186,6376,5375,7605,8445,367
Total facility inpatient daysunverified23,01527,41128,14425,47524,63621,917
Total patient revenue (gross charges)unverified$584,456,388$684,306,048$714,413,107$775,339,292$822,088,690$910,468,488
Contractual allowances and discountsunverified$416,598,952$495,610,756$516,418,919$554,858,258$577,171,391$639,210,748
Net patient revenueunverified$167,857,436$188,695,292$197,994,188$220,481,034$244,917,299$271,257,740
Total operating expensesunverified$164,929,953$193,269,789$203,559,328$218,194,333$242,205,048$270,140,595
Net income from service to patientsunverified$2,927,483$-4,574,497$-5,565,140$2,286,701$2,712,251$1,117,145
Net incomeunverified$22,900,738$43,318,718$12,338,792$38,611,100$50,601,023$45,334,272
Cost of uncompensated careunverified$15,158,492$16,883,556$13,830,977$14,307,530$10,409,868$21,501,518
Total facility bad debt expenseunverified$27,320,618$22,605,281$20,975,708$25,966,502$23,527,545$15,102,977
Charity care charges and uninsured discountsunverified$36,050,587$41,082,997$35,781,978$32,616,805$21,149,626$26,608,475
Cost of charity careunverified$8,712,012$11,256,373$8,648,933$8,197,275$4,982,701$17,722,923
Operating marginunverified1.7%-2.4%-2.8%1.0%1.1%0.4%
Overall cost-to-charge ratiounverified28.2%28.2%28.5%28.1%29.5%29.7%
Occupancy rateunverified64.8%77.4%74.1%67.1%64.7%57.7%
Average length of stayunverified3.54.14.34.44.24.1
Uncompensated care as % of operating expenseunverified9.2%8.7%6.8%6.6%4.3%8.0%
Charity care cost-to-charge ratiounverified24.2%27.4%24.2%25.1%23.6%66.6%
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