READING HOSPITAL — financial and operating metrics

CCN 390044, WEST READING, PA · 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 availableunverified538503554561580580
Total bed days availableunverified196,908183,595199,210204,765212,280211,700
Total facility dischargesunverified30,60131,83030,47532,59934,02434,184
Total facility inpatient daysunverified144,001165,061163,651163,593169,645173,282
Total patient revenue (gross charges)unverified$3,215,464,528$3,758,185,710$3,885,198,645$4,034,253,329$4,661,785,339$5,059,311,857
Contractual allowances and discountsunverified$2,280,811,835$2,702,523,508$2,797,989,836$2,886,633,350$3,393,021,555$3,598,940,698
Net patient revenueunverified$934,652,693$1,055,662,202$1,087,208,809$1,147,619,979$1,268,763,784$1,460,371,159
Total operating expensesunverified$968,680,428$941,521,422$968,715,053$1,077,992,145$1,154,593,620$1,273,719,550
Net income from service to patientsunverified$-34,027,735$114,140,780$118,493,756$69,627,834$114,170,164$186,651,609
Net incomeunverified$68,450,352$187,140,058$184,400,731$172,861,765$255,828,503$221,540,213
Cost of uncompensated careunverified$25,807,631$20,061,760$18,366,286$20,965,323$23,951,883$35,943,183
Total facility bad debt expenseunverified$79,534,394$72,851,873$66,741,193$50,267,742$64,533,313$100,241,512
Charity care charges and uninsured discountsunverified$9,375,519$10,027,046$9,315,514$30,857,999$39,351,027$57,015,289
Cost of charity careunverified$4,376,677$3,826,068$3,414,382$9,040,197$9,845,290$13,394,410
Charges for insured patients' liabilityunverified$7,673,619
Operating marginunverified-3.6%10.8%10.9%6.1%9.0%12.8%
Overall cost-to-charge ratiounverified30.1%25.1%24.9%26.7%24.8%25.2%
Occupancy rateunverified73.1%89.9%82.1%79.9%79.9%81.9%
Average length of stayunverified4.75.25.45.05.05.1
Uncompensated care as % of operating expenseunverified2.7%2.1%1.9%1.9%2.1%2.8%
Charity care cost-to-charge ratiounverified46.7%38.2%36.7%29.3%25.0%23.5%
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