GRACE HOSPITAL — financial and operating metrics

CCN 362015, CLEVELAND, 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 availableunverified473829171717
Total bed days availableunverified16,97213,55010,2856,2056,2226,205
Total facility dischargesunverified229119111136120122
Total facility inpatient daysunverified5,1593,8733,4692,7392,9763,097
Total patient revenue (gross charges)unverified$23,595,732$19,622,907$17,660,519$13,045,226$13,506,371$14,847,784
Contractual allowances and discountsunverified$15,450,942$11,380,761$10,175,122$7,367,092$7,854,033$8,416,130
Net patient revenueunverified$8,144,790$8,242,146$7,485,397$5,678,134$5,652,338$6,431,654
Total operating expensesunverified$10,199,691$8,974,399$9,417,993$8,558,726$8,608,514$8,430,632
Net income from service to patientsunverified$-2,054,901$-732,253$-1,932,596$-2,880,592$-2,956,176$-1,998,978
Net incomeunverified$93,809$2,060,112$51,404$-1,096,752$-700,283$-690,449
Operating marginunverified-25.2%-8.9%-25.8%-50.7%-52.3%-31.1%
Overall cost-to-charge ratiounverified43.2%45.7%53.3%65.6%63.7%56.8%
Occupancy rateunverified30.4%28.6%33.7%44.1%47.8%49.9%
Average length of stayunverified22.532.531.320.124.825.4
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