ATRIUM HEALTH KINGS MOUNTAIN — financial and operating metrics

CCN 340037, KINGS MOUNTAIN, NC · Medicare cost reports, FY2017–FY2019

Short reporting period. FY2019 (212 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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MetricFY2017FY2018FY2019
212d
Total facility beds availableunverified474751
Total bed days availableunverified17,15517,15510,863
Total facility dischargesunverified1,4901,4471,002
Total facility inpatient daysunverified6,0705,6354,217
Total patient revenue (gross charges)unverified$206,185,442$205,085,127$128,636,890
Contractual allowances and discountsunverified$166,165,393$165,059,381$105,263,864
Net patient revenueunverified$40,020,049$40,025,746$23,373,026
Total operating expensesunverified$42,617,890$42,363,130$23,197,646
Net income from service to patientsunverified$-2,597,841$-2,337,384$175,380
Net incomeunverified$-1,176,169$-1,299,895$440,356
Cost of uncompensated careunverified$5,697,304$6,570,144$4,598,356
Total facility bad debt expenseunverified$12,804,566$7,450,663$6,551,347
Charity care charges and uninsured discountsunverified$18,070,589$27,013,276$18,441,805
Cost of charity careunverified$3,288,297$5,065,250$3,363,600
Operating marginunverified-6.5%-5.8%0.8%
Overall cost-to-charge ratiounverified20.7%20.7%18.0%
Occupancy rateunverified35.4%32.8%38.8%
Average length of stayunverified4.13.94.2
Uncompensated care as % of operating expenseunverified13.4%15.5%19.8%
Charity care cost-to-charge ratiounverified18.2%18.8%18.2%
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