ALLEGHANY MEMORIAL HOSPITAL — financial and operating metrics

CCN 341320, SPARTA, 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 availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified158141210139215215
Total facility inpatient daysunverified718575831617691589
Total patient revenue (gross charges)unverified$21,667,273$25,848,411$28,747,043$32,022,810$35,967,459$42,869,178
Contractual allowances and discountsunverified$12,531,914$14,653,088$17,721,923$19,852,334$22,850,003$28,300,082
Net patient revenueunverified$9,135,359$11,195,323$11,025,120$12,170,476$13,117,456$14,569,096
Total operating expensesunverified$11,576,242$13,087,185$14,517,098$15,315,743$15,426,907$16,886,013
Net income from service to patientsunverified$-2,440,883$-1,891,862$-3,491,978$-3,145,267$-2,309,451$-2,316,917
Net incomeunverified$3,918,987$6,813,588$-2,960,166$-2,286,817$-40,449$1,415,971
Cost of uncompensated careunverified$608,510$600,267$585,913$911,558$986,540$980,051
Total facility bad debt expenseunverified$1,089,538$1,241,299$1,210,610$946,131$1,515,785$1,467,931
Charity care charges and uninsured discountsunverified$177,789$45,410$6,282$966,107$959,305$1,264,651
Cost of charity careunverified$100,841$31,699$3,053$460,860$382,492$453,630
Operating marginunverified-26.7%-16.9%-31.7%-25.8%-17.6%-15.9%
Overall cost-to-charge ratiounverified53.4%50.6%50.5%47.8%42.9%39.4%
Occupancy rateunverified7.8%6.3%9.1%6.8%7.6%6.5%
Average length of stayunverified4.54.14.04.43.22.7
Uncompensated care as % of operating expenseunverified5.3%4.6%4.0%6.0%6.4%5.8%
Charity care cost-to-charge ratiounverified56.7%69.8%48.6%47.7%39.9%35.9%
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