CLEVELAND CLINIC — financial and operating metrics

CCN 360180, CLEVELAND, 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 availableunverified1,3251,3261,3261,2881,3181,318
Total bed days availableunverified485,012483,990483,990477,490473,055480,065
Total facility dischargesunverified48,58351,46350,01353,27453,78055,969
Total facility inpatient daysunverified341,211372,973367,453384,984394,604398,649
Total patient revenue (gross charges)unverified$16,959,307,334$19,559,905,281$20,807,393,423$24,159,027,650$28,844,717,061$33,668,251,469
Contractual allowances and discountsunverified$11,717,642,743$13,522,708,756$14,428,560,322$17,198,499,827$21,418,190,478$24,665,063,548
Net patient revenueunverified$5,241,664,591$6,037,196,525$6,378,833,101$6,960,527,823$7,426,526,583$9,003,187,921
Total operating expensesunverified$6,240,384,004$6,752,065,059$7,507,484,998$8,323,985,995$9,185,631,976$10,797,793,001
Net income from service to patientsunverified$-998,719,413$-714,868,534$-1,128,651,897$-1,363,458,172$-1,759,105,393$-1,794,605,080
Net incomeunverified$771,968,794$1,346,779,003$-542,752,067$634,706,998$427,821,831$1,096,098,432
Cost of uncompensated careunverified$55,846,043$54,578,589$62,483,251$75,788,214$93,845,264$102,820,069
Total facility bad debt expenseunverified$59,298,796$58,257,078$71,005,432$82,389,436$83,938,851$128,362,520
Charity care charges and uninsured discountsunverified$126,092,332$142,017,104$152,990,552$201,638,916$290,994,875$330,320,523
Cost of charity careunverified$40,242,416$40,364,027$44,843,598$55,965,929$75,240,989$75,214,185
Charges for insured patients' liabilityunverified$15,754,141$27,922,163$72,818,510
Operating marginunverified-19.1%-11.8%-17.7%-19.6%-23.7%-19.9%
Overall cost-to-charge ratiounverified36.8%34.5%36.1%34.5%31.8%32.1%
Occupancy rateunverified70.4%77.1%75.9%80.6%83.4%83.0%
Average length of stayunverified7.07.27.37.27.37.1
Uncompensated care as % of operating expenseunverified0.9%0.8%0.8%0.9%1.0%1.0%
Charity care cost-to-charge ratiounverified31.9%28.4%29.3%27.8%25.9%22.8%
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