INSTITUTE FOR ORTHOPAEDIC SURGERY — financial and operating metrics

CCN 360263, LIMA, 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 availableunverified1212121299
Total bed days availableunverified4,3924,3804,3804,3803,2943,285
Total facility dischargesunverified957749520581552575
Total facility inpatient daysunverified1,8111,4851,0561,2301,2221,163
Total patient revenue (gross charges)unverified$179,211,527$203,585,077$204,262,997$230,290,732$274,346,646$324,795,523
Contractual allowances and discountsunverified$125,344,101$147,803,476$148,657,849$167,680,322$194,322,515$231,470,210
Net patient revenueunverified$53,867,426$55,781,601$55,605,148$62,610,410$80,024,131$93,325,313
Total operating expensesunverified$28,300,138$30,690,087$33,637,903$41,340,134$50,783,898$57,049,793
Net income from service to patientsunverified$25,567,288$25,091,514$21,967,245$21,270,276$29,240,233$36,275,520
Net incomeunverified$26,215,366$27,284,468$22,484,146$24,498,430$29,802,075$36,737,028
Cost of uncompensated careunverified$236,676$178,683$166,493$419,156$454,432$360,701
Total facility bad debt expenseunverified$1,668,658$1,177,139$1,084,946$2,620,740$2,523,561$2,261,231
Charity care charges and uninsured discountsunverified$6,569
Cost of charity careunverified$980
Operating marginunverified47.5%45.0%39.5%34.0%36.5%38.9%
Overall cost-to-charge ratiounverified15.8%15.1%16.5%18.0%18.5%17.6%
Occupancy rateunverified41.2%33.9%24.1%28.1%37.1%35.4%
Average length of stayunverified1.92.02.02.12.22.0
Uncompensated care as % of operating expenseunverified0.8%0.6%0.5%1.0%0.9%0.6%
Charity care cost-to-charge ratiounverified14.9%
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