LANCASTER REGIONAL MEDICAL CENTER — financial and operating metrics

CCN 390061, LANCASTER, PA · Medicare cost reports, FY2018–FY2019

Short reporting period. FY2019 (242 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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MetricFY2018FY2019
242d
Total facility beds availableunverified142142
Total bed days availableunverified51,83034,506
Total facility dischargesunverified3,1501,527
Total facility inpatient daysunverified16,1056,778
Total patient revenue (gross charges)unverified$588,460,235$519,757,056
Contractual allowances and discountsunverified$478,630,832$261,353,561
Net patient revenueunverified$109,829,403$258,403,495
Total operating expensesunverified$124,800,946$74,966,917
Net income from service to patientsunverified$-14,971,543$183,436,578
Net incomeunverified$-14,112,575$184,113,937
Cost of uncompensated careunverified$1,124,261$2,857,615
Total facility bad debt expenseunverified$5,470,302$7,827,019
Charity care charges and uninsured discountsunverified$475,385$3,898,013
Cost of charity careunverified$86,816$1,192,681
Operating marginunverified-13.6%71.0%
Overall cost-to-charge ratiounverified21.2%14.4%
Occupancy rateunverified31.1%19.6%
Average length of stayunverified5.14.4
Uncompensated care as % of operating expenseunverified0.9%3.8%
Charity care cost-to-charge ratiounverified18.3%30.6%
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