LVH - COORDINATED BETHLEHEM — financial and operating metrics

CCN 390314, BETHLEHEM, PA · Medicare cost reports, FY2017–FY2022

Short reporting period. FY2020 (194 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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MetricFY2017FY2018FY2019FY2020
194d
FY2021FY2022
Total facility beds availableunverified202020202020
Total bed days availableunverified7,3007,3007,0403,9007,3006,240
Total facility dischargesunverified1,1961,1691,0813731,510183
Total facility inpatient daysunverified2,5352,6092,3107701,624403
Total patient revenue (gross charges)unverified$121,612,733$122,755,371$122,872,384$44,535,386$129,394,016$85,092,524
Contractual allowances and discountsunverified$84,614,020$86,672,662$89,372,038$32,511,260$94,036,888$61,613,583
Net patient revenueunverified$36,998,713$36,082,709$33,500,346$12,024,126$35,357,128$23,478,941
Total operating expensesunverified$30,540,720$31,633,907$27,639,961$8,817,227$24,136,076$17,466,793
Net income from service to patientsunverified$6,457,993$4,448,802$5,860,385$3,206,899$11,221,052$6,012,148
Net incomeunverified$6,814,252$4,523,330$5,909,349$3,926,061$14,985,216$6,311,460
Cost of uncompensated careunverified$626,038$212,064$248,693$110,275$245,305$91,250
Total facility bad debt expenseunverified$2,832,494$949,564$1,314,178$644,379$1,283,014$381,306
Operating marginunverified17.5%12.3%17.5%26.7%31.7%25.6%
Overall cost-to-charge ratiounverified25.1%25.8%22.5%19.8%18.7%20.5%
Occupancy rateunverified34.7%35.7%32.8%19.7%22.2%6.5%
Average length of stayunverified2.12.22.12.11.12.2
Uncompensated care as % of operating expenseunverified2.0%0.7%0.9%1.3%1.0%0.5%
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