THE MIRIAM HOSPITAL — financial and operating metrics

CCN 410012, PROVIDENCE, 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 availableunverified246246246247247247
Total bed days availableunverified90,03689,79089,79089,84590,32790,155
Total facility dischargesunverified16,99617,44915,51616,38317,58016,687
Total facility inpatient daysunverified65,82972,09068,76071,63571,32469,831
Total patient revenue (gross charges)unverified$1,440,343,405$1,588,130,908$1,610,024,688$1,832,915,570$2,033,051,116$2,145,296,730
Contractual allowances and discountsunverified$1,026,667,759$1,128,301,575$1,136,668,062$1,306,477,053$1,448,069,990$1,521,398,710
Net patient revenueunverified$413,675,646$459,829,333$473,356,626$526,438,517$584,981,126$623,898,020
Total operating expensesunverified$500,642,386$538,888,472$566,034,131$602,656,598$694,728,989$696,427,617
Net income from service to patientsunverified$-86,966,740$-79,059,139$-92,677,505$-76,218,081$-109,747,863$-72,529,597
Net incomeunverified$4,679,721$54,318,156$-39,250,549$27,428,457$43,973,788$78,616,022
Cost of uncompensated careunverified$11,635,765$9,477,760$10,353,087$11,761,301$14,940,231$14,038,476
Total facility bad debt expenseunverified$18,186,065$15,081,706$14,952,153$18,088,680$20,531,658$22,951,308
Charity care charges and uninsured discountsunverified$22,693,990$18,574,917$20,302,218$24,053,707$30,850,472$36,549,841
Cost of charity careunverified$6,482,074$5,201,751$5,957,392$6,710,399$8,965,261$8,690,669
Charges for insured patients' liabilityunverified$109,179$25,921$156,097
Operating marginunverified-21.0%-17.2%-19.6%-14.5%-18.8%-11.6%
Overall cost-to-charge ratiounverified34.8%33.9%35.2%32.9%34.2%32.5%
Occupancy rateunverified73.1%80.3%76.6%79.7%79.0%77.5%
Average length of stayunverified3.94.14.44.44.14.2
Uncompensated care as % of operating expenseunverified2.3%1.8%1.8%2.0%2.2%2.0%
Charity care cost-to-charge ratiounverified28.6%28.0%29.3%27.9%29.1%23.8%
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