SUMMIT MEDICAL CENTER, LLC — financial and operating metrics

CCN 370225, EDMOND, OK · 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 availableunverified999999
Total bed days availableunverified3,2943,2853,2853,2853,2943,285
Total facility dischargesunverified590608538409453533
Total facility inpatient daysunverified1,2121,1721,2459451,1151,145
Total patient revenue (gross charges)unverified$248,258,134$265,515,932$275,349,357$279,076,187$301,116,108$300,442,395
Contractual allowances and discountsunverified$214,229,967$230,346,801$239,216,448$241,557,498$261,109,115$255,773,011
Net patient revenueunverified$34,028,167$35,169,131$36,132,909$37,518,689$40,006,993$44,669,384
Total operating expensesunverified$38,612,261$36,030,047$36,256,940$36,137,346$40,109,007$42,971,683
Net income from service to patientsunverified$-4,584,094$-860,916$-124,031$1,381,343$-102,014$1,697,701
Net incomeunverified$237,078$4,375,251$4,249,008$2,852,032$1,123,163$2,661,893
Cost of uncompensated careunverified$19,671$33,803$61,149$71,028$125,523$112,520
Total facility bad debt expenseunverified$196,886$458,998$293,509$574,948$468,047
Charity care charges and uninsured discountsunverified$33,054$14,266$54,860$157,195$134,811$158,695
Cost of charity careunverified$19,671$12,149$11,816$40,044$64,605$57,117
Operating marginunverified-13.5%-2.4%-0.3%3.7%-0.3%3.8%
Overall cost-to-charge ratiounverified15.6%13.6%13.2%12.9%13.3%14.3%
Occupancy rateunverified36.8%35.7%37.9%28.8%33.8%34.9%
Average length of stayunverified2.11.92.32.32.52.1
Uncompensated care as % of operating expenseunverified0.1%0.1%0.2%0.2%0.3%0.3%
Charity care cost-to-charge ratiounverified59.5%85.2%21.5%25.5%47.9%36.0%
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