ADENA PIKE MEDICAL CENTER — financial and operating metrics

CCN 361334, WAVERLY, 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 dischargesunverified278276343268461759
Total facility inpatient daysunverified4,2126,9996,3325,3136,2646,403
Total patient revenue (gross charges)unverified$64,975,694$80,233,880$88,071,507$91,223,600$100,376,052$119,806,117
Contractual allowances and discountsunverified$41,641,018$51,211,520$60,272,878$59,673,963$68,197,160$83,434,774
Net patient revenueunverified$23,334,676$29,022,360$27,798,629$31,549,637$32,178,892$36,371,343
Total operating expensesunverified$22,280,781$26,513,589$27,630,828$27,300,072$30,007,634$33,687,013
Net income from service to patientsunverified$1,053,895$2,508,771$167,801$4,249,565$2,171,258$2,684,330
Net incomeunverified$1,462,735$2,698,940$1,081,366$5,723,225$2,548,913$2,822,886
Cost of uncompensated careunverified$1,176,013$1,231,633$1,351,686$1,292,203$1,486,146$1,444,725
Total facility bad debt expenseunverified$1,732,803$2,256,056$2,464,658$2,842,273$3,338,789$2,954,476
Charity care charges and uninsured discountsunverified$1,572,449$1,184,404$1,371,423$1,222,610$1,481,513$1,804,162
Cost of charity careunverified$597,709$514,261$574,199$434,921$492,156$626,771
Charges for insured patients' liabilityunverified$84,155
Operating marginunverified4.5%8.6%0.6%13.5%6.7%7.4%
Overall cost-to-charge ratiounverified34.3%33.0%31.4%29.9%29.9%28.1%
Occupancy rateunverified46.0%76.7%69.4%58.2%68.5%70.2%
Average length of stayunverified15.225.418.519.813.68.4
Uncompensated care as % of operating expenseunverified5.3%4.6%4.9%4.7%5.0%4.3%
Charity care cost-to-charge ratiounverified38.0%43.4%41.9%35.6%33.2%34.7%
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