SANDHILLS REGIONAL MEDICAL CENTER — financial and operating metrics

CCN 340106, HAMLET, NC · Medicare cost reports, FY2016–FY2017

Short reporting period. FY2016 (60 days), FY2017 (211 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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MetricFY2016
60d
FY2017
211d
Total facility beds availableunverified6464
Total bed days availableunverified3,90413,568
Total facility dischargesunverified196930
Total facility inpatient daysunverified9461,530
Total patient revenue (gross charges)unverified$22,866,593$44,028,779
Contractual allowances and discountsunverified$19,559,414$37,575,403
Net patient revenueunverified$3,307,179$6,453,376
Total operating expensesunverified$4,453,013$9,917,360
Net income from service to patientsunverified$-1,145,834$-3,463,984
Net incomeunverified$-1,114,660$-3,408,471
Cost of uncompensated careunverified$216,377$995,217
Total facility bad debt expenseunverified$1,065,403$4,350,420
Charity care charges and uninsured discountsunverified$20,541
Cost of charity careunverified$3,556
Operating marginunverified-34.6%-53.7%
Overall cost-to-charge ratiounverified19.5%22.5%
Occupancy rateunverified24.2%11.3%
Average length of stayunverified4.81.6
Uncompensated care as % of operating expenseunverified4.9%10.0%
Charity care cost-to-charge ratiounverified17.3%
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