LICKING MEMORIAL HOSPITAL — financial and operating metrics

CCN 360218, NEWARK, 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 availableunverified219219219219219219
Total bed days availableunverified80,15479,93579,93579,93580,15479,935
Total facility dischargesunverified8,0378,2517,7808,0038,0395,766
Total facility inpatient daysunverified28,14734,16931,87330,07827,37324,471
Total patient revenue (gross charges)unverified$695,919,445$806,476,356$871,225,119$974,590,516$1,065,515,482$1,159,267,966
Contractual allowances and discountsunverified$441,282,100$521,567,537$569,347,573$650,922,483$706,989,243$758,723,490
Net patient revenueunverified$254,637,345$284,908,819$301,877,546$323,668,033$358,526,239$400,544,476
Total operating expensesunverified$209,599,585$236,723,909$253,020,752$269,623,974$290,635,548$331,497,602
Net income from service to patientsunverified$45,037,760$48,184,910$48,856,794$54,044,059$67,890,691$69,046,874
Net incomeunverified$57,592,498$57,265,639$53,008,907$57,976,965$73,483,462$73,964,463
Cost of uncompensated careunverified$9,585,652$8,470,400$8,683,116$11,359,844$11,181,950$13,260,876
Total facility bad debt expenseunverified$26,517,549$25,374,623$24,991,034$35,929,966$34,753,701$37,113,022
Charity care charges and uninsured discountsunverified$5,072,163$3,249,238$4,110,227$4,974,623$4,985,829$6,569,072
Cost of charity careunverified$2,044,780$1,462,925$1,825,909$2,000,231$2,324,368$3,134,012
Charges for insured patients' liabilityunverified$296,481
Operating marginunverified17.7%16.9%16.2%16.7%18.9%17.2%
Overall cost-to-charge ratiounverified30.1%29.4%29.0%27.7%27.3%28.6%
Occupancy rateunverified35.1%42.7%39.9%37.6%34.2%30.6%
Average length of stayunverified3.54.14.13.83.44.2
Uncompensated care as % of operating expenseunverified4.6%3.6%3.4%4.2%3.8%4.0%
Charity care cost-to-charge ratiounverified40.3%45.0%44.4%40.2%46.6%47.7%
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