NEWPORT HOSPITAL — financial and operating metrics

CCN 410006, NEWPORT, RI · 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 availableunverified686666666666
Total bed days availableunverified24,88824,09024,09024,09024,15624,090
Total facility dischargesunverified3,2893,6054,0014,0794,6304,373
Total facility inpatient daysunverified14,09916,63517,07116,72318,99417,810
Total patient revenue (gross charges)unverified$307,617,742$350,859,873$365,236,072$403,105,627$468,550,116$466,188,022
Contractual allowances and discountsunverified$206,091,296$235,912,566$243,976,234$273,735,576$325,392,035$322,738,095
Net patient revenueunverified$101,526,446$114,947,307$121,259,838$129,370,051$143,158,081$143,449,927
Total operating expensesunverified$108,564,627$122,761,329$126,842,800$138,342,000$163,625,000$165,740,477
Net income from service to patientsunverified$-7,038,181$-7,814,022$-5,582,962$-8,971,949$-20,466,919$-22,290,550
Net incomeunverified$980,000$11,436,145$3,400,001$3,315,440$-1,140,184$-2,121,899
Cost of uncompensated careunverified$3,565,952$2,660,815$3,174,389$3,112,544$4,187,210$4,197,470
Total facility bad debt expenseunverified$4,060,896$3,225,947$3,730,458$4,051,166$5,101,590$4,906,528
Charity care charges and uninsured discountsunverified$5,701,251$4,625,473$5,823,374$5,243,676$7,091,587$7,386,499
Cost of charity careunverified$2,127,630$1,599,134$1,958,924$1,779,560$2,458,245$2,550,412
Charges for insured patients' liabilityunverified$39,829$12,806$60,870
Operating marginunverified-6.9%-6.8%-4.6%-6.9%-14.3%-15.5%
Overall cost-to-charge ratiounverified35.3%35.0%34.7%34.3%34.9%35.6%
Occupancy rateunverified56.6%69.1%70.9%69.4%78.6%73.9%
Average length of stayunverified4.34.64.34.14.14.1
Uncompensated care as % of operating expenseunverified3.3%2.2%2.5%2.2%2.6%2.5%
Charity care cost-to-charge ratiounverified37.3%34.6%33.6%33.9%34.7%34.5%
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