KENT COUNTY MEMORIAL HOSPITAL — financial and operating metrics

CCN 410009, WARWICK, 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 availableunverified323323323323323323
Total bed days availableunverified118,218117,895117,895117,895118,218117,895
Total facility dischargesunverified11,98912,82512,02810,91011,69613,293
Total facility inpatient daysunverified56,48560,17156,83358,01461,25062,423
Total patient revenue (gross charges)unverified$1,119,319,454$1,028,672,111$1,025,735,213$1,067,378,789$1,148,589,568$1,487,078,787
Contractual allowances and discountsunverified$819,215,054$677,623,222$680,345,752$703,669,649$746,758,338$1,076,556,509
Net patient revenueunverified$300,104,400$351,048,889$345,389,461$363,709,140$401,831,230$410,522,278
Total operating expensesunverified$374,585,354$413,446,549$425,187,771$456,111,780$481,742,954$524,621,387
Net income from service to patientsunverified$-74,480,954$-62,397,660$-79,798,310$-92,402,640$-79,911,724$-114,099,109
Net incomeunverified$-12,981,415$25,864,436$-40,395,848$-14,498,251$18,872,373$16,440,705
Cost of uncompensated careunverified$7,113,635$6,035,415$6,773,831$5,719,728$7,689,153$9,287,753
Total facility bad debt expenseunverified$14,744,534$11,417,399$12,258,446$10,521,508$11,902,408$15,386,118
Charity care charges and uninsured discountsunverified$5,834,753$6,349,739$5,925,853$6,124,146$10,579,300$12,549,357
Cost of charity careunverified$2,200,703$2,241,432$2,334,509$2,167,094$3,716,573$4,302,987
Charges for insured patients' liabilityunverified$264,801$389,036$287,272
Operating marginunverified-24.8%-17.8%-23.1%-25.4%-19.9%-27.8%
Overall cost-to-charge ratiounverified33.5%40.2%41.5%42.7%41.9%35.3%
Occupancy rateunverified47.8%51.0%48.2%49.2%51.8%52.9%
Average length of stayunverified4.74.74.75.35.24.7
Uncompensated care as % of operating expenseunverified1.9%1.5%1.6%1.3%1.6%1.8%
Charity care cost-to-charge ratiounverified37.7%35.3%39.4%35.4%35.1%34.3%
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