ANGEL MEDICAL CENTER — financial and operating metrics

CCN 341326, FRANKLIN, 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 availableunverified252525303025
Total bed days availableunverified9,1509,1259,12510,95010,9809,125
Total facility dischargesunverified1,2971,4571,4661,7161,7751,913
Total facility inpatient daysunverified4,2585,8015,5726,4246,7196,682
Total patient revenue (gross charges)unverified$163,607,314$182,483,034$202,585,896$271,863,425$314,837,914$349,735,615
Contractual allowances and discountsunverified$126,700,119$139,174,763$153,538,751$212,947,167$240,958,326$268,822,064
Net patient revenueunverified$36,907,195$43,308,271$49,047,145$58,916,258$73,879,588$80,913,551
Total operating expensesunverified$48,140,717$47,052,299$58,985,028$66,806,801$71,361,765$71,767,064
Net income from service to patientsunverified$-11,233,522$-3,744,028$-9,937,883$-7,890,543$2,517,823$9,146,487
Net incomeunverified$-10,133,233$-2,929,407$-8,715,031$-6,880,887$3,607,156$10,272,260
Cost of uncompensated careunverified$4,011,626$3,780,935$4,578,434$4,811,966$4,868,146$5,517,837
Total facility bad debt expenseunverified$1,983,746$3,148,642$4,015,180$4,241,136$4,671,215$3,681,290
Charity care charges and uninsured discountsunverified$12,953,144$11,327,264$13,878,319$16,767,135$17,034,323$18,641,563
Cost of charity careunverified$3,495,217$3,000,767$3,583,427$3,872,630$3,909,071$4,806,930
Charges for insured patients' liabilityunverified$43,309$159,434
Operating marginunverified-30.4%-8.6%-20.3%-13.4%3.4%11.3%
Overall cost-to-charge ratiounverified29.4%25.8%29.1%24.6%22.7%20.5%
Occupancy rateunverified46.5%63.6%61.1%58.7%61.2%73.2%
Average length of stayunverified3.34.03.83.73.83.5
Uncompensated care as % of operating expenseunverified8.3%8.0%7.8%7.2%6.8%7.7%
Charity care cost-to-charge ratiounverified27.0%26.5%25.8%23.1%22.9%25.8%
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