THE MCDOWELL HOSPITAL — financial and operating metrics

CCN 340087, MARION, 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 availableunverified303030303343
Total bed days availableunverified10,95010,98010,95010,95012,04215,738
Total facility dischargesunverified2,3411,8231,9941,8522,0522,223
Total facility inpatient daysunverified8,1797,2107,8117,4287,9698,409
Total patient revenue (gross charges)unverified$251,333,586$213,673,210$254,010,357$279,978,875$316,729,699$348,122,979
Contractual allowances and discountsunverified$185,560,030$166,034,074$185,923,396$214,322,088$242,796,757$267,494,486
Net patient revenueunverified$65,773,556$47,639,136$68,086,961$65,656,787$73,932,942$80,628,493
Total operating expensesunverified$73,440,852$63,610,470$67,159,790$70,037,487$78,567,015$83,936,385
Net income from service to patientsunverified$-7,667,296$-15,971,334$927,171$-4,380,700$-4,634,073$-3,307,892
Net incomeunverified$-7,023,671$-15,626,488$1,700,042$-3,971,793$-3,608,249$-2,501,327
Cost of uncompensated careunverified$7,744,413$8,093,826$5,945,288$6,753,622$6,173,984$5,806,105
Total facility bad debt expenseunverified$6,253,725$4,378,070$5,165,711$5,851,680$6,147,645$6,473,486
Charity care charges and uninsured discountsunverified$20,092,156$22,439,304$17,910,495$21,902,412$20,917,067$18,348,038
Cost of charity careunverified$5,945,898$6,854,811$4,697,760$5,435,206$4,848,133$4,469,312
Charges for insured patients' liabilityunverified$117,632$104,288
Operating marginunverified-11.7%-33.5%1.4%-6.7%-6.3%-4.1%
Overall cost-to-charge ratiounverified29.2%29.8%26.4%25.0%24.8%24.1%
Occupancy rateunverified74.7%65.7%71.3%67.8%66.2%53.4%
Average length of stayunverified3.54.03.94.03.93.8
Uncompensated care as % of operating expenseunverified10.5%12.7%8.9%9.6%7.9%6.9%
Charity care cost-to-charge ratiounverified29.6%30.5%26.2%24.8%23.2%24.4%
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