MEMORIAL HOSPITAL — financial and operating metrics

CCN 360156, FREMONT, OH · Medicare cost reports, FY2020–FY2025

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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified313131313131
Total bed days availableunverified11,34611,31511,31511,31511,34611,315
Total facility dischargesunverified1,1271,1911,2161,3491,3631,615
Total facility inpatient daysunverified3,4053,9894,1644,4734,7725,563
Total patient revenue (gross charges)unverified$218,123,198$255,715,800$289,462,637$324,843,544$358,100,715$378,921,019
Contractual allowances and discountsunverified$156,065,585$182,609,755$209,521,215$237,248,240$269,854,100$280,736,808
Net patient revenueunverified$62,057,613$73,106,045$79,941,422$87,595,304$88,246,615$98,184,211
Total operating expensesunverified$63,427,187$66,871,785$76,280,545$74,519,423$72,660,601$77,953,339
Net income from service to patientsunverified$-1,369,574$6,234,260$3,660,877$13,075,881$15,586,014$20,230,872
Net incomeunverified$-62,691,383$-6,806,550$13,926,256$-11,717,975$5,221,560$-1,509,307
Cost of uncompensated careunverified$1,906,647$1,291,483$1,601,008$1,560,856$1,726,198$1,905,786
Total facility bad debt expenseunverified$4,401,646$3,440,675$3,385,652$3,491,284$3,809,931$4,897,342
Charity care charges and uninsured discountsunverified$2,471,455$1,442,968$2,537,466$3,026,047$3,842,608$3,957,314
Cost of charity careunverified$741,672$445,766$742,919$782,734$939,934$928,569
Charges for insured patients' liabilityunverified$22,888$49,279$51,507
Operating marginunverified-2.2%8.5%4.6%14.9%17.7%20.6%
Overall cost-to-charge ratiounverified29.1%26.2%26.4%22.9%20.3%20.6%
Occupancy rateunverified30.0%35.3%36.8%39.5%42.1%49.2%
Average length of stayunverified3.03.33.43.33.53.4
Uncompensated care as % of operating expenseunverified3.0%1.9%2.1%2.1%2.4%2.4%
Charity care cost-to-charge ratiounverified30.0%30.9%29.3%25.9%24.5%23.5%
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