RANDOLPH HOSPITAL — financial and operating metrics

CCN 340123, ASHEBORO, NC · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2021 (91 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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MetricFY2020FY2021
91d
FY2022FY2023FY2024FY2025
Total facility beds availableunverified145145145145145145
Total bed days availableunverified53,07052,92552,92552,92553,07052,925
Total facility dischargesunverified4,6264,9605,7335,7255,2825,300
Total facility inpatient daysunverified11,99214,84018,68117,16816,39916,463
Total patient revenue (gross charges)unverified$283,928,541$354,420,254$695,933,799$713,739,072$699,516,873$642,845,566
Contractual allowances and discountsunverified$197,650,583$273,084,679$576,291,699$605,228,422$591,962,342$539,099,728
Net patient revenueunverified$86,277,958$81,335,575$119,642,100$108,510,650$107,554,531$103,745,838
Total operating expensesunverified$106,053,873$114,028,459$108,040,573$111,003,848$121,093,523$129,159,422
Net income from service to patientsunverified$-19,775,915$-32,692,884$11,601,527$-2,493,198$-13,538,992$-25,413,584
Net incomeunverified$2,207,622$-31,823,922$15,749,630$20,723,449$27,830,632$21,114,156
Cost of uncompensated careunverified$10,594,296$9,316,977$11,534,621$10,091,076$7,628,531$6,597,722
Total facility bad debt expenseunverified$15,910,244$14,401,962$27,475,472$23,915,054$18,175,814$11,475,831
Charity care charges and uninsured discountsunverified$16,095,177$17,858,471$53,147,556$48,857,681$32,783,075$28,718,483
Cost of charity careunverified$5,325,751$5,143,132$7,585,520$6,761,317$4,896,546$4,701,733
Operating marginunverified-22.9%-40.2%9.7%-2.3%-12.6%-24.5%
Overall cost-to-charge ratiounverified37.4%32.2%15.5%15.6%17.3%20.1%
Occupancy rateunverified22.6%28.0%35.3%32.4%30.9%31.1%
Average length of stayunverified2.63.03.33.03.13.1
Uncompensated care as % of operating expenseunverified10.0%8.2%10.7%9.1%6.3%5.1%
Charity care cost-to-charge ratiounverified33.1%28.8%14.3%13.8%14.9%16.4%
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