KENSINGTON HOSPITAL — financial and operating metrics

CCN 390025, PHILADELPHIA, PA · Medicare cost reports, FY2019–FY2024

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
Total facility beds availableunverified311414141414
Total bed days availableunverified11,3155,1245,1105,1105,1105,124
Total facility dischargesunverified1,3431741121189427
Total facility inpatient daysunverified7,7462,7452,1541,9781,599536
Total patient revenue (gross charges)unverified$15,116,994$10,573,700$9,003,897$9,407,481$13,723,868$11,028,882
Contractual allowances and discountsunverified$8,160,141$4,117,658$4,738,412$1,973,182$9,222,385$3,775,302
Net patient revenueunverified$6,956,853$6,456,042$4,265,485$7,434,299$4,501,483$7,253,580
Total operating expensesunverified$7,909,703$6,709,519$6,897,198$6,403,379$7,446,902$8,302,028
Net income from service to patientsunverified$-952,850$-253,477$-2,631,713$1,030,920$-2,945,419$-1,048,448
Net incomeunverified$527,037$292,382$-352,444$2,428,931$1,510,884$299,351
Cost of uncompensated careunverified$60,096$41,798$47,768$15,152$8,469
Total facility bad debt expenseunverified$106,037$9,246$5,702
Charity care charges and uninsured discountsunverified$27,641$37,549$68,119$16,405$4,905
Cost of charity careunverified$13,090$36,511$47,768$15,152$4,628
Operating marginunverified-13.7%-3.9%-61.7%13.9%-65.4%-14.5%
Overall cost-to-charge ratiounverified52.3%63.5%76.6%68.1%54.3%75.3%
Occupancy rateunverified68.5%53.6%42.2%38.7%31.3%10.5%
Average length of stayunverified5.815.819.216.817.019.9
Uncompensated care as % of operating expenseunverified0.8%0.6%0.7%0.2%0.1%
Charity care cost-to-charge ratiounverified47.4%97.2%70.1%92.4%94.4%
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