CHARLES A CANNON JR MEMORIAL HOSPITAL — financial and operating metrics

CCN 341323, LINVILLE, NC · Medicare cost reports, FY2020–FY2025

Short reporting period. FY2023 (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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MetricFY2020FY2021FY2022FY2023
272d
FY2024FY2025
Total facility beds availableunverified212123232323
Total bed days availableunverified7,6867,6658,3956,2798,4188,395
Total facility dischargesunverified354272305217384400
Total facility inpatient daysunverified1,3501,4001,4411,2131,5951,495
Total patient revenue (gross charges)unverified$46,972,151$58,517,406$55,130,511$43,266,178$61,279,505$64,523,228
Contractual allowances and discountsunverified$29,804,449$37,366,215$34,925,548$27,296,775$34,666,201$36,531,793
Net patient revenueunverified$17,167,702$21,151,191$20,204,963$15,969,403$26,613,304$27,991,435
Total operating expensesunverified$23,146,160$25,801,049$24,772,138$19,835,241$27,614,709$26,491,842
Net income from service to patientsunverified$-5,978,458$-4,649,858$-4,567,175$-3,865,838$-1,001,405$1,499,593
Net incomeunverified$-2,016,383$3,144,712$-1,104,895$-1,392,575$2,800,359$4,801,396
Cost of uncompensated careunverified$1,801,124$1,851,482$1,246,335$971,333$807,114$1,538,199
Total facility bad debt expenseunverified$3,235,366$3,457,816$2,731,989$2,103,395$1,075,625$2,489,054
Charity care charges and uninsured discountsunverified$541,812$854,228$294,223$265,501$874,592$1,725,893
Cost of charity careunverified$264,105$371,502$122,550$109,032$382,661$662,767
Operating marginunverified-34.8%-22.0%-22.6%-24.2%-3.8%5.4%
Overall cost-to-charge ratiounverified49.3%44.1%44.9%45.8%45.1%41.1%
Occupancy rateunverified17.6%18.3%17.2%19.3%18.9%17.8%
Average length of stayunverified3.85.14.75.64.23.7
Uncompensated care as % of operating expenseunverified7.8%7.2%5.0%4.9%2.9%5.8%
Charity care cost-to-charge ratiounverified48.7%43.5%41.7%41.1%43.8%38.4%
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