LVH-COORDINATED ALLENTOWN — financial and operating metrics

CCN 390321, ALLENTOWN, 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 availableunverified7,3007,3007,0403,9007,3007,920
Total facility dischargesunverified1,2421,0258002921,095485
Total facility inpatient daysunverified2,1662,1001,5165371,155907
Total patient revenue (gross charges)unverified$420,262,070$422,105,762$351,119,526$123,723,203$354,866,965$324,938,574
Contractual allowances and discountsunverified$294,459,036$295,865,072$253,974,633$87,818,867$257,786,112$235,320,228
Net patient revenueunverified$125,803,034$126,240,690$97,144,893$35,904,336$97,080,853$89,618,346
Total operating expensesunverified$120,912,609$135,983,598$102,138,394$50,580,059$90,620,283$87,550,105
Net income from service to patientsunverified$4,890,425$-9,742,908$-4,993,501$-14,675,723$6,460,570$2,068,241
Net incomeunverified$5,887,876$-8,446,739$-3,705,218$-12,363,005$22,941,251$14,933,512
Cost of uncompensated careunverified$757,269$1,137,047$645,142$127,559$1,216,479$361,837
Total facility bad debt expenseunverified$2,832,494$3,936,544$2,626,706$346,848$4,815,399$1,305,688
Operating marginunverified3.9%-7.7%-5.1%-40.9%6.7%2.3%
Overall cost-to-charge ratiounverified28.8%32.2%29.1%40.9%25.5%26.9%
Occupancy rateunverified29.7%28.8%21.5%13.8%15.8%11.5%
Average length of stayunverified1.72.01.91.81.11.9
Uncompensated care as % of operating expenseunverified0.6%0.8%0.6%0.3%1.3%0.4%
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