SENTARA ALBEMARLE MEDICAL CENTER — financial and operating metrics

CCN 340109, ELIZABETH CITY, 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 availableunverified989898989882
Total bed days availableunverified35,86835,77035,77035,77035,86829,930
Total facility dischargesunverified4,4174,5624,4124,6705,2655,460
Total facility inpatient daysunverified17,15420,34420,73222,31724,18824,893
Total patient revenue (gross charges)unverified$397,876,128$472,535,271$488,412,671$555,610,799$636,049,984$689,227,627
Contractual allowances and discountsunverified$281,575,142$328,964,032$348,108,883$389,387,396$442,027,890$447,473,422
Net patient revenueunverified$116,300,986$143,571,239$140,303,788$166,223,403$194,022,094$241,754,205
Total operating expensesunverified$137,358,897$130,754,480$142,101,689$165,164,916$186,521,201$214,079,451
Net income from service to patientsunverified$-21,057,911$12,816,759$-1,797,901$1,058,487$7,500,893$27,674,754
Net incomeunverified$-8,515,195$6,056,000$1,400,000$4,350,000$11,429,000$15,682,000
Cost of uncompensated careunverified$15,122,822$11,336,503$9,483,819$10,488,763$10,898,365$13,572,588
Total facility bad debt expenseunverified$15,138,160$11,657,498$5,484,020$10,924,701$10,998,254$979,333
Charity care charges and uninsured discountsunverified$28,268,441$27,452,394$25,763,254$25,776,362$24,496,237$32,283,850
Cost of charity careunverified$10,335,968$8,300,949$8,033,464$7,696,504$8,104,327$13,229,822
Charges for insured patients' liabilityunverified$167,833$99$20,870
Operating marginunverified-18.1%8.9%-1.3%0.6%3.9%11.4%
Overall cost-to-charge ratiounverified34.5%27.7%29.1%29.7%29.3%31.1%
Occupancy rateunverified47.8%56.9%58.0%62.4%67.4%83.2%
Average length of stayunverified3.94.54.74.84.64.6
Uncompensated care as % of operating expenseunverified11.0%8.7%6.7%6.4%5.8%6.3%
Charity care cost-to-charge ratiounverified36.6%30.2%31.2%29.9%33.1%41.0%
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