ASHEVILLE SPECIALTY HOSPITAL LLC — financial and operating metrics

CCN 342017, ASHEVILLE, NC · Medicare cost reports, FY2019–FY2024

Short reporting period. FY2019 (241 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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MetricFY2019
241d
FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified343434343434
Total bed days availableunverified8,22812,44412,41012,41012,41013,464
Total facility dischargesunverified189288296323305219
Total facility inpatient daysunverified6,1108,5138,9139,6028,7517,233
Total patient revenue (gross charges)unverified$24,205,569$44,412,754$50,625,182$53,166,906$55,106,507$51,228,454
Contractual allowances and discountsunverified$14,824,429$29,888,252$36,475,000$38,778,251$42,622,062$40,515,564
Net patient revenueunverified$9,381,140$14,524,502$14,150,182$14,388,655$12,484,445$10,712,890
Total operating expensesunverified$9,496,919$14,013,508$15,440,178$19,116,647$18,250,498$17,670,545
Net income from service to patientsunverified$-115,779$510,994$-1,289,996$-4,727,992$-5,766,053$-6,957,655
Net incomeunverified$-104,176$541,672$-1,580,635$-4,723,781$-5,765,521$-6,956,800
Operating marginunverified-1.2%3.5%-9.1%-32.9%-46.2%-64.9%
Overall cost-to-charge ratiounverified39.2%31.6%30.5%36.0%33.1%34.5%
Occupancy rateunverified74.3%68.4%71.8%77.4%70.5%53.7%
Average length of stayunverified32.329.630.129.728.733.0
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