CRAWLEY MEMORIAL HOSPITAL INC. — financial and operating metrics

CCN 342019, KINGS MOUNTAIN, NC · Medicare cost reports, FY2017–FY2018

Short reporting period. FY2018 (291 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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MetricFY2017FY2018
291d
Total facility beds availableunverified2828
Total bed days availableunverified10,2208,176
Total facility dischargesunverified141104
Total facility inpatient daysunverified4,2903,099
Total patient revenue (gross charges)unverified$30,698,642$17,820,640
Contractual allowances and discountsunverified$25,270,265$14,594,254
Net patient revenueunverified$5,428,377$3,226,386
Total operating expensesunverified$7,502,141$5,527,757
Net income from service to patientsunverified$-2,073,764$-2,301,371
Net incomeunverified$-2,062,907$-2,300,710
Operating marginunverified-38.2%-71.3%
Overall cost-to-charge ratiounverified24.4%31.0%
Occupancy rateunverified42.0%37.9%
Average length of stayunverified30.429.8
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