PARKSIDE BEHAVIORAL HEALTHCARE ACQUI — financial and operating metrics

CCN 360247, GAHANNA, OH · Medicare cost reports, FY2018–FY2023

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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MetricFY2018FY2019FY2020FY2021FY2022FY2023
Total facility beds availableunverified505050505050
Total bed days availableunverified18,25018,25018,30018,25018,25018,250
Total facility dischargesunverified1,5191,187978530356140
Total facility inpatient daysunverified14,93611,40210,6505,9464,4461,492
Total patient revenue (gross charges)unverified$23,298,842$23,103,237$23,029,645$11,182,123$6,328,601$1,994,520
Contractual allowances and discountsunverified$15,435,771$14,490,278$11,075,968$5,991,414$3,606,553$869,251
Net patient revenueunverified$7,863,071$8,612,959$11,953,677$5,190,709$2,722,048$1,125,269
Total operating expensesunverified$8,496,170$7,882,875$10,810,596$5,783,524$4,991,734$2,551,847
Net income from service to patientsunverified$-633,099$730,084$1,143,081$-592,815$-2,269,686$-1,426,578
Net incomeunverified$-606,237$734,675$1,445,221$-581,357$-2,265,504$-993,937
Cost of uncompensated careunverified$163,890$202,046$361,320$42,821$23,046$9,915
Total facility bad debt expenseunverified$468,257$379,631$1,040,804$122,346$52,344$28,330
Charity care charges and uninsured discountsunverified$248,730$236,323
Cost of charity careunverified$69,752$62,318
Operating marginunverified-8.1%8.5%9.6%-11.4%-83.4%-126.8%
Overall cost-to-charge ratiounverified36.5%34.1%46.9%51.7%78.9%127.9%
Occupancy rateunverified81.8%62.5%58.2%32.6%24.4%8.2%
Average length of stayunverified9.89.610.911.212.510.7
Uncompensated care as % of operating expenseunverified1.9%2.6%3.3%0.7%0.5%0.4%
Charity care cost-to-charge ratiounverified28.0%26.4%
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