CCN 410008, WAKEFIELD, 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 79 | 79 | 79 | 79 | 79 | 79 |
| Total bed days availableunverified | 28,914 | 28,835 | 28,835 | 28,835 | 28,914 | 28,835 |
| Total facility dischargesunverified | 5,851 | 6,502 | 5,600 | 5,167 | 5,317 | 5,138 |
| Total facility inpatient daysunverified | 19,506 | 21,561 | 20,784 | 19,446 | 20,226 | 19,426 |
| Total patient revenue (gross charges)unverified | $537,597,335 | $605,322,970 | $654,637,455 | $716,285,789 | $742,100,830 | $724,206,281 |
| Contractual allowances and discountsunverified | $353,153,729 | $399,925,087 | $442,047,917 | $491,454,404 | $511,582,682 | $502,056,858 |
| Net patient revenueunverified | $184,443,606 | $205,397,883 | $212,589,538 | $224,831,385 | $230,518,148 | $222,149,423 |
| Total operating expensesunverified | $200,442,047 | $216,679,326 | $228,981,110 | $238,771,851 | $237,333,642 | $233,115,883 |
| Net income from service to patientsunverified | $-15,998,441 | $-11,281,443 | $-16,391,572 | $-13,940,466 | $-6,815,494 | $-10,966,460 |
| Net incomeunverified | $2,633,952 | $14,742,562 | $-12,607,797 | $-3,668,148 | $7,627,348 | $38,078,948 |
| Cost of uncompensated careunverified | $2,170,254 | $1,337,502 | $1,476,760 | $1,632,397 | $2,078,587 | $2,188,341 |
| Total facility bad debt expenseunverified | $5,427,229 | $3,405,934 | $3,843,618 | $4,510,770 | $5,601,566 | $6,193,291 |
| Charity care charges and uninsured discountsunverified | $1,352,016 | $932,658 | $1,119,885 | $1,233,394 | $1,976,359 | $1,974,467 |
| Cost of charity careunverified | $431,404 | $286,378 | $352,304 | $377,892 | $571,449 | $552,621 |
| Charges for insured patients' liabilityunverified | — | — | — | $56,435 | $41,997 | $23,915 |
| Operating marginunverified | -8.7% | -5.5% | -7.7% | -6.2% | -3.0% | -4.9% |
| Overall cost-to-charge ratiounverified | 37.3% | 35.8% | 35.0% | 33.3% | 32.0% | 32.2% |
| Occupancy rateunverified | 67.5% | 74.8% | 72.1% | 67.4% | 70.0% | 67.4% |
| Average length of stayunverified | 3.3 | 3.3 | 3.7 | 3.8 | 3.8 | 3.8 |
| Uncompensated care as % of operating expenseunverified | 1.1% | 0.6% | 0.6% | 0.7% | 0.9% | 0.9% |
| Charity care cost-to-charge ratiounverified | 31.9% | 30.7% | 31.5% | 30.6% | 28.9% | 28.0% |