LECOM HEALTH CORRY MEMORIAL HOSPITAL — financial and operating metrics

CCN 391308, CORRY, 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 availableunverified202020202020
Total bed days availableunverified7,3007,3007,3007,3007,3207,300
Total facility dischargesunverified324325324284297383
Total facility inpatient daysunverified1,9701,8111,7791,3401,4141,637
Total patient revenue (gross charges)unverified$52,979,681$54,123,677$63,569,557$65,807,010$71,535,859$79,993,116
Contractual allowances and discountsunverified$33,254,681$34,125,294$39,623,861$41,889,970$46,396,397$50,800,531
Net patient revenueunverified$19,725,000$19,998,383$23,945,696$23,917,040$25,139,462$29,192,585
Total operating expensesunverified$24,348,567$24,666,451$30,440,426$28,895,240$30,908,635$33,339,645
Net income from service to patientsunverified$-4,623,567$-4,668,068$-6,494,730$-4,978,200$-5,769,173$-4,147,060
Net incomeunverified$1,402,356$5,174,220$-218,199$66,173$787,497$2,886,424
Cost of uncompensated careunverified$567,247$450,793$475,615$390,362$814,152$845,223
Total facility bad debt expenseunverified$1,238,430$956,736$1,045,180$889,240$1,775,115$1,979,395
Charity care charges and uninsured discountsunverified$69,311$43,484$22,675$16,274$63,232$34,067
Cost of charity careunverified$31,696$20,156$10,364$7,158$28,192$14,969
Operating marginunverified-23.4%-23.3%-27.1%-20.8%-22.9%-14.2%
Overall cost-to-charge ratiounverified46.0%45.6%47.9%43.9%43.2%41.7%
Occupancy rateunverified27.0%24.8%24.4%18.4%19.3%22.4%
Average length of stayunverified6.15.65.54.74.84.3
Uncompensated care as % of operating expenseunverified2.3%1.8%1.6%1.4%2.6%2.5%
Charity care cost-to-charge ratiounverified45.7%46.4%45.7%44.0%44.6%43.9%
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