SACRED HEART HOSPITAL — financial and operating metrics

CCN 390197, ALLENTOWN, PA · Medicare cost reports, FY2018–FY2021

Short reporting period. FY2021 (214 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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MetricFY2018FY2019FY2020FY2021
214d
Total facility beds availableunverified11912912999
Total bed days availableunverified38,33734,59947,21421,285
Total facility dischargesunverified3,0943,9472,791879
Total facility inpatient daysunverified21,33822,89424,80612,385
Total patient revenue (gross charges)unverified$543,718,344$571,983,799$637,431,579$404,277,710
Contractual allowances and discountsunverified$461,208,962$499,474,446$563,826,629$355,499,027
Net patient revenueunverified$82,509,382$72,509,353$73,604,950$48,778,683
Total operating expensesunverified$90,239,617$74,148,567$84,486,671$53,393,201
Net income from service to patientsunverified$-7,730,235$-1,639,214$-10,881,721$-4,614,518
Net incomeunverified$-27,974,935$-1,438,717$1,061,181$-2,711,436
Cost of uncompensated careunverified$2,594,070$3,854,895$4,865,371$3,553,293
Total facility bad debt expenseunverified$6,099,996$2,051,032$6,267,720$2,748,705
Charity care charges and uninsured discountsunverified$10,029,446$29,400,020$31,546,349$25,400,804
Cost of charity careunverified$1,590,813$3,527,061$3,984,953$3,154,643
Operating marginunverified-9.4%-2.3%-14.8%-9.5%
Overall cost-to-charge ratiounverified16.6%13.0%13.3%13.2%
Occupancy rateunverified55.7%66.2%52.5%58.2%
Average length of stayunverified6.95.88.914.1
Uncompensated care as % of operating expenseunverified2.9%5.2%5.8%6.7%
Charity care cost-to-charge ratiounverified15.9%12.0%12.6%12.4%
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