MUSC MEDICAL CENTER — financial and operating metrics

CCN 420004, CHARLESTON, 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 availableunverified858808722817932949
Total bed days availableunverified269,011265,645263,530298,205341,250346,385
Total facility dischargesunverified38,49034,18232,94935,15941,17244,220
Total facility inpatient daysunverified198,920218,357224,454245,943276,394290,943
Total patient revenue (gross charges)unverified$5,049,484,963$6,167,693,469$6,893,716,761$8,091,915,066$9,698,030,122$10,220,663,847
Contractual allowances and discountsunverified$3,440,922,549$4,318,991,471$4,620,865,407$5,482,240,679$6,417,187,675$7,708,973,590
Net patient revenueunverified$1,608,562,414$1,848,701,998$2,272,851,354$2,609,674,387$3,280,842,447$2,511,690,257
Total operating expensesunverified$1,787,048,379$2,168,496,181$2,343,611,802$2,662,164,334$3,308,771,818$3,528,408,241
Net income from service to patientsunverified$-178,485,965$-319,794,183$-70,760,448$-52,489,947$-27,929,371$-1,016,717,984
Net incomeunverified$15,741,637$-18,628,697$131,710,433$93,644,986$246,380,853$209,994,617
Cost of uncompensated careunverified$54,346,541$47,668,713$102,653,954$81,987,374$101,530,171$101,554,294
Total facility bad debt expenseunverified$92,566,785$79,668,830$70,422,540$94,247,994$96,845,861$94,523,922
Charity care charges and uninsured discountsunverified$67,295,472$79,037,363$273,650,617$191,355,023$254,803,477$305,941,542
Cost of charity careunverified$26,982,783$23,701,338$81,556,914$54,807,332$73,455,256$77,476,636
Charges for insured patients' liabilityunverified$8,153,930
Operating marginunverified-11.1%-17.3%-3.1%-2.0%-0.9%-40.5%
Overall cost-to-charge ratiounverified35.4%35.2%34.0%32.9%34.1%34.5%
Occupancy rateunverified73.9%82.2%85.2%82.5%81.0%84.0%
Average length of stayunverified5.26.46.87.06.76.6
Uncompensated care as % of operating expenseunverified3.0%2.2%4.4%3.1%3.1%2.9%
Charity care cost-to-charge ratiounverified40.1%30.0%29.8%28.6%28.8%25.3%
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