GUTHRIE TOWANDA MEMORIAL HOSPITAL — financial and operating metrics

CCN 390236, TOWANDA, PA · Medicare cost reports, FY2018–FY2020

Short reporting period. FY2020 (183 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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MetricFY2018FY2019FY2020
183d
Total facility beds availableunverified353531
Total bed days availableunverified12,77512,7755,704
Total facility dischargesunverified475611135
Total facility inpatient daysunverified3,4503,470961
Total patient revenue (gross charges)unverified$99,721,025$105,015,831$44,235,099
Contractual allowances and discountsunverified$70,867,152$76,476,595$32,116,123
Net patient revenueunverified$28,853,873$28,539,236$12,118,976
Total operating expensesunverified$32,114,645$36,342,104$17,804,452
Net income from service to patientsunverified$-3,260,772$-7,802,868$-5,685,476
Net incomeunverified$-2,038,239$-5,998,762$-3,307,907
Cost of uncompensated careunverified$735,317$906,099$581,231
Total facility bad debt expenseunverified$2,546,078$2,991,012$1,531,543
Charity care charges and uninsured discountsunverified$89,053$197,590$219,402
Cost of charity careunverified$34,174$76,604$90,980
Operating marginunverified-11.3%-27.3%-46.9%
Overall cost-to-charge ratiounverified32.2%34.6%40.2%
Occupancy rateunverified27.0%27.2%16.8%
Average length of stayunverified7.35.77.1
Uncompensated care as % of operating expenseunverified2.3%2.5%3.3%
Charity care cost-to-charge ratiounverified38.4%38.8%41.5%
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