CCN 340116, HICKORY, 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 226 | 226 | 226 | 226 | 226 | 226 |
| Total bed days availableunverified | 82,716 | 82,490 | 82,490 | 82,490 | 82,716 | 82,490 |
| Total facility dischargesunverified | 6,010 | 6,183 | 6,511 | 6,455 | 7,398 | 7,111 |
| Total facility inpatient daysunverified | 27,133 | 31,382 | 34,725 | 34,715 | 40,855 | 40,435 |
| Total patient revenue (gross charges)unverified | $1,254,961,075 | $1,370,705,820 | $1,559,789,147 | $1,784,167,157 | $2,166,603,547 | $2,337,926,179 |
| Contractual allowances and discountsunverified | $1,040,301,799 | $1,134,055,202 | $1,298,921,411 | $1,516,348,256 | $1,801,146,333 | $1,985,653,646 |
| Net patient revenueunverified | $214,659,276 | $236,650,618 | $260,867,736 | $267,818,901 | $365,457,214 | $352,272,533 |
| Total operating expensesunverified | $233,913,453 | $241,821,793 | $274,550,623 | $282,483,966 | $349,883,080 | $360,874,704 |
| Net income from service to patientsunverified | $-19,254,177 | $-5,171,175 | $-13,682,887 | $-14,665,065 | $15,574,134 | $-8,602,171 |
| Net incomeunverified | $-12,314,705 | $-2,374,862 | $-11,080,625 | $-11,288,035 | $18,632,397 | $-3,029,789 |
| Cost of uncompensated careunverified | $8,868,688 | $10,601,638 | $8,693,098 | $7,032,131 | $6,181,889 | $7,840,410 |
| Total facility bad debt expenseunverified | $18,708,352 | $45,878,572 | $33,767,979 | $23,266,783 | $26,637,633 | $34,883,101 |
| Charity care charges and uninsured discountsunverified | $41,558,669 | $30,585,492 | $29,887,499 | $36,743,007 | $29,317,244 | $36,853,226 |
| Cost of charity careunverified | $5,916,084 | $4,130,351 | $4,026,499 | $4,251,290 | $3,192,179 | $4,115,663 |
| Operating marginunverified | -9.0% | -2.2% | -5.2% | -5.5% | 4.3% | -2.4% |
| Overall cost-to-charge ratiounverified | 18.6% | 17.6% | 17.6% | 15.8% | 16.1% | 15.4% |
| Occupancy rateunverified | 32.8% | 38.0% | 42.1% | 42.1% | 49.4% | 49.0% |
| Average length of stayunverified | 4.5 | 5.1 | 5.3 | 5.4 | 5.5 | 5.7 |
| Uncompensated care as % of operating expenseunverified | 3.8% | 4.4% | 3.2% | 2.5% | 1.8% | 2.2% |
| Charity care cost-to-charge ratiounverified | 14.2% | 13.5% | 13.5% | 11.6% | 10.9% | 11.2% |