PENN PRESBYTERIAN MEDICAL CENTER — financial and operating metrics

CCN 390223, PHILADELPHIA, 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 availableunverified324336345328328352
Total bed days availableunverified118,794122,809125,925125,637119,682124,760
Total facility dischargesunverified16,21316,93716,33116,78816,63217,088
Total facility inpatient daysunverified95,157106,036112,982112,584106,314111,079
Total patient revenue (gross charges)unverified$4,143,789,502$5,103,732,510$5,459,230,675$5,887,364,908$6,507,509,151$7,099,942,517
Contractual allowances and discountsunverified$3,402,138,000$4,202,402,640$4,500,036,509$4,898,895,654$5,403,895,474$5,965,880,196
Net patient revenueunverified$741,651,502$901,329,870$959,194,166$988,469,254$1,103,613,677$1,134,062,321
Total operating expensesunverified$873,903,003$1,018,447,993$1,116,420,057$1,174,876,939$1,345,469,648$1,450,270,865
Net income from service to patientsunverified$-132,251,501$-117,118,123$-157,225,891$-186,407,685$-241,855,971$-316,208,544
Net incomeunverified$61,781,499$48,116,053$47,582,126$50,541,615$32,736,264$9,654,203
Cost of uncompensated careunverified$13,092,170$8,994,615$12,347,086$16,716,079$12,382,383$18,235,201
Total facility bad debt expenseunverified$16,275,148$15,814,894$22,612,333$13,117,837$12,060,076$5,116,769
Charity care charges and uninsured discountsunverified$24,372,819$16,853,219$20,188,600$34,158,825$40,751,540$86,158,766
Cost of charity careunverified$10,035,589$6,387,121$8,724,712$14,370,271$10,289,202$17,159,432
Charges for insured patients' liabilityunverified$5,181,581
Operating marginunverified-17.8%-13.0%-16.4%-18.9%-21.9%-27.9%
Overall cost-to-charge ratiounverified21.1%20.0%20.5%20.0%20.7%20.4%
Occupancy rateunverified80.1%86.3%89.7%89.6%88.8%89.0%
Average length of stayunverified5.96.36.96.76.46.5
Uncompensated care as % of operating expenseunverified1.5%0.9%1.1%1.4%0.9%1.3%
Charity care cost-to-charge ratiounverified41.2%37.9%43.2%42.1%25.2%19.9%
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