CCN 340143, 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 | 203 | 200 | 200 | 200 | 200 | 200 |
| Total bed days availableunverified | 74,298 | 73,000 | 73,000 | 73,000 | 73,200 | 73,000 |
| Total facility dischargesunverified | 11,068 | 11,037 | 11,344 | 9,448 | 9,014 | 9,100 |
| Total facility inpatient daysunverified | 36,550 | 40,672 | 45,289 | 42,503 | 39,892 | 39,059 |
| Total patient revenue (gross charges)unverified | $1,074,279,111 | $1,171,604,646 | $1,247,463,608 | $1,456,839,819 | $1,451,085,657 | $1,530,637,124 |
| Contractual allowances and discountsunverified | $799,988,842 | $881,262,010 | $924,463,455 | $1,004,905,389 | $1,026,872,927 | $1,104,055,354 |
| Net patient revenueunverified | $274,290,269 | $290,342,636 | $323,000,153 | $451,934,430 | $424,212,730 | $426,581,770 |
| Total operating expensesunverified | $255,930,033 | $273,562,350 | $300,392,750 | $425,259,786 | $400,443,898 | $367,006,488 |
| Net income from service to patientsunverified | $18,360,236 | $16,780,286 | $22,607,403 | $26,674,644 | $23,768,832 | $59,575,282 |
| Net incomeunverified | $31,938,603 | $31,947,005 | $31,897,564 | $34,400,660 | $38,316,741 | $81,372,865 |
| Cost of uncompensated careunverified | $16,260,499 | $23,118,927 | $18,829,807 | $21,636,682 | $18,995,322 | $20,822,824 |
| Total facility bad debt expenseunverified | $43,668,689 | $69,742,690 | $42,997,494 | $28,999,543 | $24,532,414 | $19,914,250 |
| Charity care charges and uninsured discountsunverified | $22,814,145 | $33,929,830 | $37,417,442 | $66,711,602 | $53,715,361 | $71,954,244 |
| Cost of charity careunverified | $6,534,892 | $7,929,290 | $9,371,630 | $15,473,938 | $13,379,492 | $16,297,797 |
| Charges for insured patients' liabilityunverified | — | — | — | — | $64,244 | — |
| Operating marginunverified | 6.7% | 5.8% | 7.0% | 5.9% | 5.6% | 14.0% |
| Overall cost-to-charge ratiounverified | 23.8% | 23.3% | 24.1% | 29.2% | 27.6% | 24.0% |
| Occupancy rateunverified | 49.2% | 55.7% | 62.0% | 58.2% | 54.5% | 53.5% |
| Average length of stayunverified | 3.3 | 3.7 | 4.0 | 4.5 | 4.4 | 4.3 |
| Uncompensated care as % of operating expenseunverified | 6.4% | 8.5% | 6.3% | 5.1% | 4.7% | 5.7% |
| Charity care cost-to-charge ratiounverified | 28.6% | 23.4% | 25.0% | 23.2% | 24.9% | 22.7% |