WAYNE HOSPITAL COMPANY — financial and operating metrics

CCN 360044, GREENVILLE, OH · Medicare cost reports, FY2019–FY2024

Short reporting period. FY2024 (163 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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
163d
Total facility beds availableunverified401,594,78440434343
Total bed days availableunverified14,60014,64014,64015,69515,69515,695
Total facility dischargesunverified2,1341,8102,0031,1931,101655
Total facility inpatient daysunverified4,7943,8194,8483,7213,1271,313
Total patient revenue (gross charges)unverified$176,568,907$156,188,342$190,137,118$176,500,610$183,098,366$99,140,188
Contractual allowances and discountsunverified$112,897,784$98,635,565$120,188,035$117,370,000$122,351,052$64,106,188
Net patient revenueunverified$63,671,123$57,552,777$69,949,083$59,130,610$60,747,314$35,034,000
Total operating expensesunverified$63,114,496$63,828,176$68,831,010$72,733,522$75,072,627$38,778,000
Net income from service to patientsunverified$556,627$-6,275,399$1,118,073$-13,602,912$-14,325,313$-3,744,000
Net incomeunverified$12,883,614$13,196,825$18,790,571$-17,884,385$-5,195,830$1,080,000
Cost of uncompensated careunverified$3,139,061$3,074,513$3,039,054$3,063,971$2,966,463$1,015,445
Total facility bad debt expenseunverified$6,013,955$5,194,634$5,726,425$5,306,416$5,708,698$1,527,058
Charity care charges and uninsured discountsunverified$2,811,634$2,075,152$2,178,289$2,069,281$1,642,736$818,533
Cost of charity careunverified$1,195,760$1,160,514$1,107,216$1,025,318$820,864$457,968
Operating marginunverified0.9%-10.9%1.6%-23.0%-23.6%-10.7%
Overall cost-to-charge ratiounverified35.7%40.9%36.2%41.2%41.0%39.1%
Occupancy rateunverified32.8%26.1%33.1%23.7%19.9%8.4%
Average length of stayunverified2.22.12.43.12.82.0
Uncompensated care as % of operating expenseunverified5.0%4.8%4.4%4.2%4.0%2.6%
Charity care cost-to-charge ratiounverified42.5%55.9%50.8%49.5%50.0%55.9%
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