PIEDMONT MEDICAL CENTER — financial and operating metrics

CCN 420002, ROCK HILL, SC · 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 availableunverified268268280374374374
Total bed days availableunverified98,08897,820102,200136,510136,884136,510
Total facility dischargesunverified14,56114,38712,39413,66015,29415,214
Total facility inpatient daysunverified72,27974,93769,87975,20980,87675,789
Total patient revenue (gross charges)unverified$1,861,496,816$2,171,432,442$2,268,817,554$2,763,056,183$3,204,100,983$3,408,026,973
Contractual allowances and discountsunverified$1,540,867,577$1,804,744,363$1,898,407,107$2,376,091,472$2,723,156,911$2,922,781,819
Net patient revenueunverified$320,629,239$366,688,079$370,410,447$386,964,711$480,944,072$485,245,154
Total operating expensesunverified$266,586,847$288,911,604$292,361,283$354,914,992$388,206,799$401,749,469
Net income from service to patientsunverified$54,042,392$77,776,475$78,049,164$32,049,719$92,737,273$83,495,685
Net incomeunverified$57,259,920$90,445,089$85,421,250$36,771,411$95,284,811$85,402,500
Cost of uncompensated careunverified$26,060,364$25,115,035$24,487,089$27,997,447$27,421,470$31,768,079
Total facility bad debt expenseunverified$53,052,817$50,937,283$53,858,522$63,447,022$71,685,207$82,281,183
Charity care charges and uninsured discountsunverified$152,664,181$163,545,370$154,496,860$177,226,014$186,328,292$215,212,571
Cost of charity careunverified$18,985,981$18,759,989$18,013,449$20,391,600$19,580,087$23,460,584
Operating marginunverified16.9%21.2%21.1%8.3%19.3%17.2%
Overall cost-to-charge ratiounverified14.3%13.3%12.9%12.8%12.1%11.8%
Occupancy rateunverified73.7%76.6%68.4%55.1%59.1%55.5%
Average length of stayunverified5.05.25.65.55.35.0
Uncompensated care as % of operating expenseunverified9.8%8.7%8.4%7.9%7.1%7.9%
Charity care cost-to-charge ratiounverified12.4%11.5%11.7%11.5%10.5%10.9%
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