WILLS EYE HOSPITAL — financial and operating metrics

CCN 390331, PHILADELPHIA, 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 availableunverified444444
Total bed days availableunverified1,4641,4601,4601,4601,4641,460
Total facility dischargesunverified321361304275275235
Total facility inpatient daysunverified798857810765757625
Total patient revenue (gross charges)unverified$108,903,535$121,227,085$124,593,069$124,735,363$155,796,655$133,763,094
Contractual allowances and discountsunverified$78,925,999$83,078,761$85,273,199$83,533,393$113,918,267$89,391,362
Net patient revenueunverified$29,977,536$38,148,324$39,319,870$41,201,970$41,878,388$44,371,732
Total operating expensesunverified$42,933,103$44,356,646$48,561,768$52,136,114$55,871,244$55,916,273
Net income from service to patientsunverified$-12,955,567$-6,208,322$-9,241,898$-10,934,144$-13,992,856$-11,544,541
Net incomeunverified$-6,173,467$11,990,936$-11,838,127$667,161$-3,642,560$-5,990,086
Cost of uncompensated careunverified$328,463$365,424$449,294$536,322$502,900$561,651
Total facility bad debt expenseunverified$788,862$660,483$975,749$1,168,963$1,084,744$1,084,744
Charity care charges and uninsured discountsunverified$577,668$850,164$912,143$1,063,246$1,039,440$1,039,440
Cost of charity careunverified$138,850$205,654$217,078$255,461$246,087$274,836
Operating marginunverified-43.2%-16.3%-23.5%-26.5%-33.4%-26.0%
Overall cost-to-charge ratiounverified39.4%36.6%39.0%41.8%35.9%41.8%
Occupancy rateunverified54.5%58.7%55.5%52.4%51.7%42.8%
Average length of stayunverified2.52.42.72.82.82.7
Uncompensated care as % of operating expenseunverified0.8%0.8%0.9%1.0%0.9%1.0%
Charity care cost-to-charge ratiounverified24.0%24.2%23.8%24.0%23.7%26.4%
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