LAKE HEALTH BEACHWOOD MEDICAL CENTER — financial and operating metrics

CCN 360367, BEACHWOOD, 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 availableunverified242424242424
Total bed days availableunverified8,7848,7608,7608,7608,7848,760
Total facility dischargesunverified666379309315296313
Total facility inpatient daysunverified911734757701685779
Total patient revenue (gross charges)unverified$92,325,503$132,904,746$149,427,476$156,777,588$212,034,518$246,847,731
Contractual allowances and discountsunverified$57,505,949$84,899,527$100,232,404$106,392,891$155,371,456$174,758,666
Net patient revenueunverified$34,819,554$48,005,219$49,195,072$50,384,697$56,663,062$72,089,065
Total operating expensesunverified$42,601,625$49,696,939$57,155,689$64,349,752$65,310,259$70,003,672
Net income from service to patientsunverified$-7,782,071$-1,691,720$-7,960,617$-13,965,055$-8,647,197$2,085,393
Net incomeunverified$-6,905,912$414,317$-6,921,272$-13,378,462$-8,090,096$2,410,590
Cost of uncompensated careunverified$374,250$445,165$647,883$905,073$654,883$1,037,262
Total facility bad debt expenseunverified$836,923$1,240,987$1,663,173$2,265,815$1,536,404$2,348,615
Charity care charges and uninsured discountsunverified$3,730$19,102$1,200$273,366$535,539
Cost of charity careunverified$3,730$7,868$1,200$197,100$379,948
Operating marginunverified-22.3%-3.5%-16.2%-27.7%-15.3%2.9%
Overall cost-to-charge ratiounverified46.1%37.4%38.2%41.0%30.8%28.4%
Occupancy rateunverified10.4%8.4%8.6%8.0%7.8%8.9%
Average length of stayunverified1.41.92.42.22.32.5
Uncompensated care as % of operating expenseunverified0.9%0.9%1.1%1.4%1.0%1.5%
Charity care cost-to-charge ratiounverified100.0%41.2%100.0%72.1%70.9%
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