SUMMA HEALTH SYSTEM — financial and operating metrics

CCN 360020, AKRON, OH · Medicare cost reports, FY2019–FY2024

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified567601581560561558
Total bed days availableunverified213,096202,321214,273204,868198,977204,847
Total facility dischargesunverified32,01434,18537,76932,90733,88232,127
Total facility inpatient daysunverified139,775138,096168,032170,625168,341164,141
Total patient revenue (gross charges)unverified$5,427,241,156$5,361,650,271$5,983,689,470$5,719,789,690$6,301,081,002$6,817,039,235
Contractual allowances and discountsunverified$4,550,527,724$4,519,370,321$4,949,692,437$4,715,102,023$5,222,893,000$5,645,311,509
Net patient revenueunverified$876,713,432$842,279,950$1,033,997,033$1,004,687,667$1,078,188,002$1,171,727,726
Total operating expensesunverified$870,326,482$933,186,562$1,106,681,946$1,233,685,672$1,276,423,986$1,394,451,730
Net income from service to patientsunverified$6,386,950$-90,906,612$-72,684,913$-228,998,005$-198,235,984$-222,724,004
Net incomeunverified$60,886,502$-3,801,794$88,194,727$11,746,999$19,468,013$47,640,002
Cost of uncompensated careunverified$27,817,088$25,862,514$22,856,219$24,125,667$32,343,769$36,267,543
Total facility bad debt expenseunverified$76,062,378$66,789,879$53,055,362$46,547,222$41,645,684$47,962,202
Charity care charges and uninsured discountsunverified$81,236,545$68,898,625$73,044,002$63,011,217$101,021,780$113,201,387
Cost of charity careunverified$17,605,751$16,703,640$15,424,470$16,265,475$25,248,108$28,221,931
Charges for insured patients' liabilityunverified$5,272,110
Operating marginunverified0.7%-10.8%-7.0%-22.8%-18.4%-19.0%
Overall cost-to-charge ratiounverified16.0%17.4%18.5%21.6%20.3%20.5%
Occupancy rateunverified65.6%68.3%78.4%83.3%84.6%80.1%
Average length of stayunverified4.44.04.45.25.05.1
Uncompensated care as % of operating expenseunverified3.2%2.8%2.1%2.0%2.5%2.6%
Charity care cost-to-charge ratiounverified21.7%24.2%21.1%25.8%25.0%24.9%
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