CAROLINA EAST MEDICAL CENTER — financial and operating metrics

CCN 340131, NEW BERN, NC · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2022 (272 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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MetricFY2020FY2021FY2022
272d
FY2023FY2024FY2025
Total facility beds availableunverified276289312306309300
Total bed days availableunverified101,016105,48585,176111,690113,094109,500
Total facility dischargesunverified12,34312,7549,05312,46412,70612,722
Total facility inpatient daysunverified62,61267,07248,27970,59868,38867,508
Total patient revenue (gross charges)unverified$1,280,810,997$1,439,507,819$1,134,429,853$1,667,615,703$1,847,094,580$1,872,618,294
Contractual allowances and discountsunverified$862,974,230$972,102,479$769,300,827$1,156,982,470$1,273,022,676$1,276,108,744
Net patient revenueunverified$417,836,767$467,405,340$365,129,026$510,633,233$574,071,904$596,509,550
Total operating expensesunverified$431,677,458$475,152,329$375,839,477$546,054,338$597,420,112$617,230,760
Net income from service to patientsunverified$-13,840,691$-7,746,989$-10,710,451$-35,421,105$-23,348,208$-20,721,210
Net incomeunverified$45,487,764$71,521,845$-47,541,950$10,020,670$46,587,876$31,947,260
Cost of uncompensated careunverified$16,465,775$18,122,090$16,550,330$21,810,198$21,551,032$21,695,608
Total facility bad debt expenseunverified$27,163,101$38,444,413$34,607,429$52,629,325$54,781,513$8,651,167
Charity care charges and uninsured discountsunverified$35,566,383$30,371,435$25,495,870$32,695,135$31,559,398$46,984,786
Cost of charity careunverified$9,313,534$8,233,721$7,529,546$8,324,214$8,030,588$19,520,685
Operating marginunverified-3.3%-1.7%-2.9%-6.9%-4.1%-3.5%
Overall cost-to-charge ratiounverified33.7%33.0%33.1%32.7%32.3%33.0%
Occupancy rateunverified62.0%63.6%56.7%63.2%60.5%61.7%
Average length of stayunverified5.15.35.35.75.45.3
Uncompensated care as % of operating expenseunverified3.8%3.8%4.4%4.0%3.6%3.5%
Charity care cost-to-charge ratiounverified26.2%27.1%29.5%25.5%25.4%41.5%
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