HUGH CHATHAM MEMORIAL HOSPITAL — financial and operating metrics

CCN 340097, ELKIN, 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 availableunverified818181818181
Total bed days availableunverified29,64629,56529,56529,56529,64629,565
Total facility dischargesunverified3,5653,7973,0252,6472,5662,242
Total facility inpatient daysunverified12,77315,23713,44210,93010,4548,942
Total patient revenue (gross charges)unverified$339,146,355$391,353,349$404,378,900$413,450,357$387,834,195$380,679,571
Contractual allowances and discountsunverified$244,503,858$278,270,659$288,736,738$301,148,565$270,049,125$269,065,122
Net patient revenueunverified$94,642,497$113,082,690$115,642,162$112,301,792$117,785,070$111,614,449
Total operating expensesunverified$107,692,266$118,698,953$128,041,907$140,523,770$157,013,141$137,897,914
Net income from service to patientsunverified$-13,049,769$-5,616,263$-12,399,745$-28,221,978$-39,228,071$-26,283,465
Net incomeunverified$12,891,119$33,693,274$-26,142,888$-5,193,689$-10,589,955$-10,477,943
Cost of uncompensated careunverified$7,407,179$7,848,206$6,904,082$7,098,009$6,833,058$6,214,387
Total facility bad debt expenseunverified$18,102,480$18,845,726$17,444,034$17,258,879$15,961,915$12,346,714
Charity care charges and uninsured discountsunverified$9,715,163$12,069,206$8,615,487$8,743,021$5,153,287$8,257,085
Cost of charity careunverified$2,674,188$3,124,862$2,330,966$2,423,177$1,708,087$2,514,039
Charges for insured patients' liabilityunverified$16,825$498
Operating marginunverified-13.8%-5.0%-10.7%-25.1%-33.3%-23.5%
Overall cost-to-charge ratiounverified31.8%30.3%31.7%34.0%40.5%36.2%
Occupancy rateunverified43.1%51.5%45.5%37.0%35.3%30.2%
Average length of stayunverified3.64.04.44.14.14.0
Uncompensated care as % of operating expenseunverified6.9%6.6%5.4%5.1%4.4%4.5%
Charity care cost-to-charge ratiounverified27.5%25.9%27.1%27.7%33.1%30.4%
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