WAYNE MEMORIAL HOSPITAL — financial and operating metrics

CCN 390125, HONESDALE, 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 availableunverified929292925858
Total bed days availableunverified33,67233,58033,58033,58025,30721,170
Total facility dischargesunverified3,1533,1013,1183,0463,3762,945
Total facility inpatient daysunverified11,77012,43013,51212,91513,75815,266
Total patient revenue (gross charges)unverified$324,839,347$371,219,127$391,411,053$393,227,858$452,510,767$570,908,009
Contractual allowances and discountsunverified$222,389,721$261,581,214$284,820,335$289,677,541$343,985,646$433,836,934
Net patient revenueunverified$102,449,626$109,637,913$106,590,718$103,550,317$108,525,121$137,071,075
Total operating expensesunverified$95,392,905$104,536,051$118,692,535$118,157,312$119,508,637$155,279,209
Net income from service to patientsunverified$7,056,721$5,101,862$-12,101,817$-14,606,995$-10,983,516$-18,208,134
Net incomeunverified$-1,498,528$19,009,570$-8,091,703$7,456,561$605,684$221,276
Cost of uncompensated careunverified$3,475,383$2,639,097$3,363,851$3,039,783$1,577,418$3,774,767
Total facility bad debt expenseunverified$10,680,214$7,785,956$10,138,267$9,584,116$5,812,127$15,363,515
Charity care charges and uninsured discountsunverified$1,724,985$2,007,224$1,290,201$1,214,258$560,862$1,342,537
Cost of charity careunverified$635,353$631,006$549,051$553,424$214,828$503,994
Operating marginunverified6.9%4.7%-11.4%-14.1%-10.1%-13.3%
Overall cost-to-charge ratiounverified29.4%28.2%30.3%30.0%26.4%27.2%
Occupancy rateunverified35.0%37.0%40.2%38.5%54.4%72.1%
Average length of stayunverified3.74.04.34.24.15.2
Uncompensated care as % of operating expenseunverified3.6%2.5%2.8%2.6%1.3%2.4%
Charity care cost-to-charge ratiounverified36.8%31.4%42.6%45.6%38.3%37.5%
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