MAGRUDER HOSPITAL — financial and operating metrics

CCN 361314, PORT CLINTON, 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 availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified303376541484598550
Total facility inpatient daysunverified9971,3862,2141,9692,3302,217
Total patient revenue (gross charges)unverified$100,902,322$126,903,040$128,889,311$125,500,268$132,578,650$144,709,096
Contractual allowances and discountsunverified$51,740,638$67,709,319$70,383,788$67,730,244$67,597,561$75,547,693
Net patient revenueunverified$49,161,684$59,193,721$58,505,523$57,770,024$64,981,089$69,161,403
Total operating expensesunverified$55,250,113$60,048,091$65,121,200$63,346,677$68,276,154$75,093,250
Net income from service to patientsunverified$-6,088,429$-854,370$-6,615,677$-5,576,653$-3,295,065$-5,931,847
Net incomeunverified$2,921,152$8,078,510$-7,975,244$1,449,179$1,030,612$-1,057,238
Cost of uncompensated careunverified$1,284,956$1,172,364$1,299,026$1,236,429$1,163,265$1,555,678
Total facility bad debt expenseunverified$1,738,175$1,660,876$2,090,167$2,090,167$1,770,310$2,860,232
Charity care charges and uninsured discountsunverified$643,051$605,930$519,138$531,563$632,365$465,938
Cost of charity careunverified$508,822$532,266$431,456$384,261$466,927$465,938
Operating marginunverified-12.4%-1.4%-11.3%-9.7%-5.1%-8.6%
Overall cost-to-charge ratiounverified54.8%47.3%50.5%50.5%51.5%51.9%
Occupancy rateunverified10.9%15.2%24.3%21.6%25.5%24.3%
Average length of stayunverified3.33.74.14.13.94.0
Uncompensated care as % of operating expenseunverified2.3%2.0%2.0%2.0%1.7%2.1%
Charity care cost-to-charge ratiounverified79.1%87.8%83.1%72.3%73.8%100.0%
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