LIFECARE HOSPITALS OF CHESTER COUNTY — financial and operating metrics

CCN 392048, WEST CHESTER, PA · Medicare cost reports, FY2018–FY2019

Short reporting period. FY2019 (58 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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MetricFY2018FY2019
58d
Total facility beds availableunverified3939
Total bed days availableunverified14,2352,301
Total facility dischargesunverified31831
Total facility inpatient daysunverified7,831800
Total patient revenue (gross charges)unverified$74,208,406$7,019,300
Contractual allowances and discountsunverified$60,183,897$3,109,016
Net patient revenueunverified$14,024,509$3,910,284
Total operating expensesunverified$15,886,831$2,203,975
Net income from service to patientsunverified$-1,862,322$1,706,309
Net incomeunverified$-1,916,465$-1,125,234
Operating marginunverified-13.3%43.6%
Overall cost-to-charge ratiounverified21.4%31.4%
Occupancy rateunverified55.0%34.8%
Average length of stayunverified24.625.8
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