CALDWELL MEMORIAL HOSPITAL — financial and operating metrics

CCN 340041, LENOIR, 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 availableunverified110137137137137137
Total bed days availableunverified40,26050,00550,00550,00550,14250,005
Total facility dischargesunverified3,7544,7544,4664,5764,5404,250
Total facility inpatient daysunverified17,87527,30130,47728,20628,54725,840
Total patient revenue (gross charges)unverified$371,781,615$454,044,931$508,345,694$556,372,730$592,094,453$626,229,445
Contractual allowances and discountsunverified$258,327,453$316,412,418$356,622,999$390,134,197$409,438,394$420,847,911
Net patient revenueunverified$113,454,162$137,632,513$151,722,695$166,238,533$182,656,059$205,381,534
Total operating expensesunverified$129,149,859$140,268,366$159,289,894$168,801,907$184,498,668$189,869,759
Net income from service to patientsunverified$-15,695,697$-2,635,853$-7,567,199$-2,563,374$-1,842,609$15,511,775
Net incomeunverified$-2,324,957$5,838,106$1,558,389$3,128,917$2,304,438$18,107,606
Cost of uncompensated careunverified$7,303,918$6,799,233$8,837,201$10,339,097$10,452,068$7,161,899
Total facility bad debt expenseunverified$12,787,461$12,523,618$11,608,561$14,022,246$17,710,871$8,277,003
Charity care charges and uninsured discountsunverified$11,203,073$13,151,042$19,928,863$23,249,786$18,270,353$14,802,308
Cost of charity careunverified$3,621,886$3,422,961$5,607,935$6,537,410$5,565,245$4,683,515
Charges for insured patients' liabilityunverified$391,313$746,990
Operating marginunverified-13.8%-1.9%-5.0%-1.5%-1.0%7.6%
Overall cost-to-charge ratiounverified34.7%30.9%31.3%30.3%31.2%30.3%
Occupancy rateunverified44.4%54.6%60.9%56.4%56.9%51.7%
Average length of stayunverified4.85.76.86.26.36.1
Uncompensated care as % of operating expenseunverified5.7%4.8%5.5%6.1%5.7%3.8%
Charity care cost-to-charge ratiounverified32.3%26.0%28.1%28.1%30.5%31.6%
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