COLLETON MEDICAL CENTER — financial and operating metrics

CCN 420030, WALTERBORO, 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 availableunverified102102102102102102
Total bed days availableunverified37,33237,23037,23037,23037,33237,230
Total facility dischargesunverified3,3483,2232,7852,9883,1773,582
Total facility inpatient daysunverified14,83714,3629,8889,07810,17310,974
Total patient revenue (gross charges)unverified$428,263,480$463,551,950$471,891,375$519,751,605$570,466,463$628,226,950
Contractual allowances and discountsunverified$362,871,137$387,560,321$405,790,382$448,168,184$474,866,960$532,089,416
Net patient revenueunverified$65,392,343$75,991,629$66,100,993$71,583,421$95,599,503$96,137,534
Total operating expensesunverified$71,379,677$79,031,216$75,582,736$77,508,500$86,406,908$85,115,459
Net income from service to patientsunverified$-5,987,334$-3,039,587$-9,481,743$-5,925,079$9,192,595$11,022,075
Net incomeunverified$-76,595$4,622,247$-1,219,386$403,173$9,689,108$11,555,875
Cost of uncompensated careunverified$7,516,401$6,727,220$6,534,972$6,376,213$8,388,300$7,997,820
Total facility bad debt expenseunverified$7,232,720$6,370,269$6,247,896$5,954,381$6,347,387$7,273,383
Charity care charges and uninsured discountsunverified$42,801,616$36,272,482$37,682,777$39,768,700$49,823,913$52,961,181
Cost of charity careunverified$6,340,418$5,710,165$5,603,344$5,548,871$7,494,685$7,119,481
Charges for insured patients' liabilityunverified$244,091$530,402
Operating marginunverified-9.2%-4.0%-14.3%-8.3%9.6%11.5%
Overall cost-to-charge ratiounverified16.7%17.0%16.0%14.9%15.1%13.5%
Occupancy rateunverified39.7%38.6%26.6%24.4%27.3%29.5%
Average length of stayunverified4.44.53.63.03.23.1
Uncompensated care as % of operating expenseunverified10.5%8.5%8.6%8.2%9.7%9.4%
Charity care cost-to-charge ratiounverified14.8%15.7%14.9%14.0%15.0%13.4%
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