SURGICAL INSTITUTE OF READING — financial and operating metrics

CCN 390316, WYOMISSING, 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 availableunverified151515151515
Total bed days availableunverified5,4905,4755,4755,4755,4905,475
Total facility dischargesunverified609470330364587364
Total facility inpatient daysunverified933776650685833698
Total patient revenue (gross charges)unverified$159,751,077$191,163,386$208,272,306$225,090,333$236,182,662$254,192,784
Contractual allowances and discountsunverified$111,283,627$135,700,778$149,764,014$164,951,775$175,981,694$185,392,767
Net patient revenueunverified$48,467,450$55,462,608$58,508,292$60,138,558$60,200,968$68,800,017
Total operating expensesunverified$33,196,533$37,571,065$42,073,741$43,403,967$45,320,679$48,527,471
Net income from service to patientsunverified$15,270,917$17,891,543$16,434,551$16,734,591$14,880,289$20,272,546
Net incomeunverified$16,422,281$19,000,762$16,941,567$16,921,153$15,098,586$20,408,303
Cost of uncompensated careunverified$111,258$68,668$149,132$133,881$147,877$229,561
Total facility bad debt expenseunverified$573,380$362,558$815,557$753,995$773,643$1,342,627
Charity care charges and uninsured discountsunverified$4,801$6,597$3,361$1,265$21,721$1,075
Cost of charity careunverified$4,801$6,597$3,361$1,265$9,630$1,075
Operating marginunverified31.5%32.3%28.1%27.8%24.7%29.5%
Overall cost-to-charge ratiounverified20.8%19.7%20.2%19.3%19.2%19.1%
Occupancy rateunverified17.0%14.2%11.9%12.5%15.2%12.7%
Average length of stayunverified1.51.72.01.91.41.9
Uncompensated care as % of operating expenseunverified0.3%0.2%0.4%0.3%0.3%0.5%
Charity care cost-to-charge ratiounverified100.0%100.0%100.0%100.0%44.3%100.0%
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