MILTON S HERSHEY MEDICAL CENTER — financial and operating metrics

CCN 390256, HERSHEY, 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 availableunverified525625618616629645
Total bed days availableunverified193,597215,962217,499223,590230,214235,425
Total facility dischargesunverified25,38226,07126,08226,75228,49427,441
Total facility inpatient daysunverified160,428170,819180,110182,755176,879174,841
Total patient revenue (gross charges)unverified$5,061,299,852$5,731,569,880$6,328,658,394$6,633,719,233$7,161,818,018$7,851,589,100
Contractual allowances and discountsunverified$3,392,820,494$3,889,509,798$4,320,513,028$4,557,859,254$4,919,906,586$5,495,409,870
Net patient revenueunverified$1,668,479,358$1,842,060,082$2,008,145,366$2,075,859,979$2,241,911,432$2,356,179,230
Total operating expensesunverified$1,683,283,417$1,835,685,425$1,976,031,507$2,132,973,258$2,303,807,316$2,402,481,600
Net income from service to patientsunverified$-14,804,059$6,374,657$32,113,859$-57,113,279$-61,895,884$-46,302,370
Net incomeunverified$203,177,271$241,195,574$290,262,134$176,383,930$197,661,977$259,744,052
Cost of uncompensated careunverified$36,175,433$33,404,330$33,880,276$36,093,892$35,621,018$43,365,828
Total facility bad debt expenseunverified$38,835,323$39,246,663$34,261,011$35,709,560$42,788,534$58,645,256
Charity care charges and uninsured discountsunverified$88,380,803$76,125,219$82,533,157$91,249,134$90,462,907$113,585,065
Cost of charity careunverified$25,872,028$23,133,508$24,689,870$26,754,928$25,174,382$29,529,927
Charges for insured patients' liabilityunverified$9,920,077
Operating marginunverified-0.9%0.3%1.6%-2.8%-2.8%-2.0%
Overall cost-to-charge ratiounverified33.3%32.0%31.2%32.2%32.2%30.6%
Occupancy rateunverified82.9%79.1%82.8%81.7%76.8%74.3%
Average length of stayunverified6.36.66.96.86.26.4
Uncompensated care as % of operating expenseunverified2.1%1.8%1.7%1.7%1.5%1.8%
Charity care cost-to-charge ratiounverified29.3%30.4%29.9%29.3%27.8%26.0%
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