SPECIALTY HOSPITAL OF LORAIN — financial and operating metrics

CCN 362025, AMHERST, OH · Medicare cost reports, FY2019–FY2024

Short reporting period. FY2024 (296 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
296d
Total facility beds availableunverified242424242424
Total bed days availableunverified8,6988,7848,7608,7608,7608,784
Total facility dischargesunverified20916715015612651
Total facility inpatient daysunverified4,6773,4883,0343,1582,5431,032
Total patient revenue (gross charges)unverified$16,877,852$14,193,820$14,669,459$14,283,604$11,015,429$5,301,257
Contractual allowances and discountsunverified$10,640,152$8,643,326$9,052,323$8,015,251$5,952,847$3,204,257
Net patient revenueunverified$6,237,700$5,550,494$5,617,136$6,268,353$5,062,582$2,097,000
Total operating expensesunverified$6,420,583$5,712,584$5,907,214$6,369,715$5,754,003$2,968,812
Net income from service to patientsunverified$-182,883$-162,090$-290,078$-101,362$-691,421$-871,812
Net incomeunverified$60,519$659,047$186,844$43,336$-548,604$-657,430
Operating marginunverified-2.9%-2.9%-5.2%-1.6%-13.7%-41.6%
Overall cost-to-charge ratiounverified38.0%40.2%40.3%44.6%52.2%56.0%
Occupancy rateunverified53.8%39.7%34.6%36.1%29.0%11.7%
Average length of stayunverified22.420.920.220.220.220.2
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