TIDELANDS GEORGETOWN MEMORIAL HOSPITAL — financial and operating metrics

CCN 420020, GEORGETOWN, 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 availableunverified1317168696869
Total bed days availableunverified34,46325,78724,80225,02224,85825,004
Total facility dischargesunverified3,7103,6563,4983,4403,3143,466
Total facility inpatient daysunverified15,83618,66218,51317,25018,65317,844
Total patient revenue (gross charges)unverified$580,639,872$624,361,813$616,688,451$668,457,331$691,278,947$797,058,179
Contractual allowances and discountsunverified$422,432,059$448,973,126$448,663,674$478,057,719$445,353,821$546,682,136
Net patient revenueunverified$158,207,813$175,388,687$168,024,777$190,399,612$245,925,126$250,376,043
Total operating expensesunverified$159,989,490$168,324,526$175,827,941$189,667,535$232,675,546$264,336,820
Net income from service to patientsunverified$-1,781,677$7,064,161$-7,803,164$732,077$13,249,580$-13,960,777
Net incomeunverified$-2,172,990$35,901,831$-1,697,487$21,646,281$20,431,157$-2,616,627
Cost of uncompensated careunverified$8,739,283$7,886,448$10,756,720$8,979,814$11,351,954$11,115,190
Total facility bad debt expenseunverified$18,743,789$17,883,121$19,485,707$18,798,538$18,236,547$17,560,508
Charity care charges and uninsured discountsunverified$18,612,212$15,665,619$24,197,335$18,341,523$18,451,923$19,156,123
Cost of charity careunverified$4,423,760$3,725,244$5,979,219$4,473,366$5,887,092$5,902,135
Operating marginunverified-1.1%4.0%-4.6%0.4%5.4%-5.6%
Overall cost-to-charge ratiounverified27.6%27.0%28.5%28.4%33.7%33.2%
Occupancy rateunverified46.0%72.4%74.6%68.9%75.0%71.4%
Average length of stayunverified4.35.15.35.05.65.1
Uncompensated care as % of operating expenseunverified5.5%4.7%6.1%4.7%4.9%4.2%
Charity care cost-to-charge ratiounverified23.8%23.8%24.7%24.4%31.9%30.8%
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