HARDIN MEMORIAL HOSPITAL — financial and operating metrics

CCN 361315, KENTON, 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 availableunverified252525252530
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified401346337257263342
Total facility inpatient daysunverified1,4571,0168529001,3211,890
Total patient revenue (gross charges)unverified$65,211,096$72,491,325$82,338,077$88,299,833$97,320,606$105,131,269
Contractual allowances and discountsunverified$34,904,890$38,546,930$45,007,723$50,348,743$55,850,544$62,843,167
Net patient revenueunverified$30,306,206$33,944,395$37,330,354$37,951,090$41,470,062$42,288,102
Total operating expensesunverified$26,852,960$29,119,716$30,403,978$34,123,728$35,913,345$36,697,252
Net income from service to patientsunverified$3,453,246$4,824,679$6,926,376$3,827,362$5,556,717$5,590,850
Net incomeunverified$6,258,186$8,117,959$6,387,931$4,529,373$6,657,707$6,128,055
Cost of uncompensated careunverified$3,125,856$2,800,296$2,693,668$646,679$1,003,379$1,329,927
Total facility bad debt expenseunverified$3,112,573$1,942,371$2,368,925$578,289$400,481$1,171,905
Charity care charges and uninsured discountsunverified$3,164,819$3,692,007$3,517,410$900,910$1,444,141$1,629,414
Cost of charity careunverified$1,801,080$2,063,006$1,832,582$447,909$865,365$938,646
Operating marginunverified11.4%14.2%18.6%10.1%13.4%13.2%
Overall cost-to-charge ratiounverified41.2%40.2%36.9%38.6%36.9%34.9%
Occupancy rateunverified15.9%11.1%9.3%9.9%14.4%20.7%
Average length of stayunverified3.62.92.53.55.05.5
Uncompensated care as % of operating expenseunverified11.6%9.6%8.9%1.9%2.8%3.6%
Charity care cost-to-charge ratiounverified56.9%55.9%52.1%49.7%59.9%57.6%
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