HIGHLANDS CASHIERS HOSPITAL — financial and operating metrics

CCN 341316, HIGHLANDS, 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 availableunverified242424242424
Total bed days availableunverified8,7848,7608,7608,7608,7848,760
Total facility dischargesunverified139485481608660682
Total facility inpatient daysunverified2,6993,2883,7064,5545,7835,563
Total patient revenue (gross charges)unverified$33,390,799$46,912,469$51,689,947$64,839,373$80,821,124$93,919,844
Contractual allowances and discountsunverified$18,546,342$27,585,773$32,679,042$42,351,256$56,029,822$63,700,875
Net patient revenueunverified$14,844,457$19,326,696$19,010,905$22,488,117$24,791,302$30,218,969
Total operating expensesunverified$24,116,861$17,971,921$26,585,781$29,893,861$34,194,346$37,082,186
Net income from service to patientsunverified$-9,272,404$1,354,775$-7,574,876$-7,405,744$-9,403,044$-6,863,217
Net incomeunverified$-9,020,744$1,606,636$-7,331,596$-7,021,454$-9,025,208$-6,405,742
Cost of uncompensated careunverified$1,241,863$1,186,640$1,486,848$1,754,625$1,759,999$2,188,689
Total facility bad debt expenseunverified$315,908$528,067$659,372$824,571$891,775$831,768
Charity care charges and uninsured discountsunverified$2,088,253$2,317,216$2,978,951$3,736,813$4,259,375$5,263,113
Cost of charity careunverified$1,084,895$983,007$1,231,460$1,455,829$1,475,770$1,918,589
Charges for insured patients' liabilityunverified$8,204$26,504
Operating marginunverified-62.5%7.0%-39.8%-32.9%-37.9%-22.7%
Overall cost-to-charge ratiounverified72.2%38.3%51.4%46.1%42.3%39.5%
Occupancy rateunverified30.7%37.5%42.3%52.0%65.8%63.5%
Average length of stayunverified19.46.87.77.58.88.2
Uncompensated care as % of operating expenseunverified5.1%6.6%5.6%5.9%5.1%5.9%
Charity care cost-to-charge ratiounverified52.0%42.4%41.3%39.0%34.6%36.5%
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