ST. LUKES HOSPITAL — financial and operating metrics

CCN 360090, MAUMEE, OH · Medicare cost reports, FY2018–FY2023

Short reporting period. FY2021 (272 days), FY2023 (219 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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MetricFY2018FY2019FY2020FY2021
272d
FY2022FY2023
219d
Total facility beds availableunverified1661761821669983
Total bed days availableunverified60,59064,24066,61245,22742,56718,260
Total facility dischargesunverified9,7859,4938,4736,0746,6992,316
Total facility inpatient daysunverified39,97739,42038,81427,89128,44510,173
Total patient revenue (gross charges)unverified$629,682,709$699,440,540$611,640,186$460,922,073$532,851,704$228,994,422
Contractual allowances and discountsunverified$453,527,428$507,121,427$428,650,933$327,412,383$388,555,282$166,115,379
Net patient revenueunverified$176,155,281$192,319,113$182,989,253$133,509,690$144,296,422$62,879,043
Total operating expensesunverified$197,195,365$210,490,315$197,164,072$139,747,020$184,319,082$110,897,542
Net income from service to patientsunverified$-21,040,084$-18,171,202$-14,174,819$-6,237,330$-40,022,660$-48,018,499
Net incomeunverified$-27,962,276$-26,672,673$-40,952,930$1,713,956$-39,103,792$-44,624,987
Cost of uncompensated careunverified$3,507,885$6,583,798$5,750,546$3,193,053$3,408,098$2,596,581
Total facility bad debt expenseunverified$3,757,116$8,198,871$7,061,970$6,939,308$9,614,990$3,961,122
Charity care charges and uninsured discountsunverified$5,712,426$9,446,003$7,838,025$3,788,834$1,104,581$2,539,147
Cost of charity careunverified$2,421,367$4,406,048$3,783,135$1,285,850$477,474$1,089,864
Operating marginunverified-11.9%-9.4%-7.7%-4.7%-27.7%-76.4%
Overall cost-to-charge ratiounverified31.3%30.1%32.2%30.3%34.6%48.4%
Occupancy rateunverified66.0%61.4%58.3%61.7%66.8%55.7%
Average length of stayunverified4.14.24.64.64.24.4
Uncompensated care as % of operating expenseunverified1.8%3.1%2.9%2.3%1.8%2.3%
Charity care cost-to-charge ratiounverified42.4%46.6%48.3%33.9%43.2%42.9%
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