HAHNEMANN UNIVERSITY HOSPITAL — financial and operating metrics

CCN 390290, PHILADELPHIA, PA · Medicare cost reports, FY2018–FY2019

Short reporting period. FY2019 (248 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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MetricFY2018FY2019
248d
Total facility beds availableunverified407365
Total bed days availableunverified153,29485,849
Total facility dischargesunverified17,1518,566
Total facility inpatient daysunverified94,25639,664
Total patient revenue (gross charges)unverified$3,821,038,215$1,743,075,195
Contractual allowances and discountsunverified$3,416,973,809$1,554,400,547
Net patient revenueunverified$404,064,406$188,674,648
Total operating expensesunverified$483,924,309$291,370,917
Net income from service to patientsunverified$-79,859,903$-102,696,269
Net incomeunverified$-53,709,457$-91,674,026
Cost of uncompensated careunverified$7,774,063$2,058,336
Total facility bad debt expenseunverified$17,794,540$12,516,498
Charity care charges and uninsured discountsunverified$59,631,753
Cost of charity careunverified$5,439,826
Operating marginunverified-19.8%-54.4%
Overall cost-to-charge ratiounverified12.7%16.7%
Occupancy rateunverified61.5%46.2%
Average length of stayunverified5.54.6
Uncompensated care as % of operating expenseunverified1.6%0.7%
Charity care cost-to-charge ratiounverified9.1%
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