THE REGIONAL MEDICAL CENTER — financial and operating metrics

CCN 420068, ORANGEBURG, SC · Medicare cost reports, FY2018–FY2023

Short reporting period. FY2023 (150 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2018FY2019FY2020FY2021FY2022FY2023
150d
Total facility beds availableunverified251251251251247251
Total bed days availableunverified91,61591,61591,86691,61590,15537,901
Total facility dischargesunverified8,6288,1118,9887,6746,0332,169
Total facility inpatient daysunverified46,93243,23038,96237,02235,24911,039
Total patient revenue (gross charges)unverified$826,786,216$804,598,707$754,657,427$757,426,604$766,257,773$357,309,067
Contractual allowances and discountsunverified$606,360,611$590,131,929$548,379,656$551,936,563$571,583,860$271,331,260
Net patient revenueunverified$220,425,605$214,466,778$206,277,771$205,490,041$194,673,913$85,977,807
Total operating expensesunverified$224,878,807$225,890,214$237,023,463$242,845,945$235,059,966$99,561,537
Net income from service to patientsunverified$-4,453,202$-11,423,436$-30,745,692$-37,355,904$-40,386,053$-13,583,730
Net incomeunverified$790,601$-1,065,751$-7,758,318$-16,289,123$-28,567,517$-10,911,959
Cost of uncompensated careunverified$19,674,640$19,154,274$14,883,873$17,344,273$657,058$7,004,182
Total facility bad debt expenseunverified$41,895,001$32,975,340$21,266,213$34,649,191$1,877,306$13,686,079
Charity care charges and uninsured discountsunverified$35,367,087$39,395,822$34,085,461$28,390,961$16,683,744
Cost of charity careunverified$9,961,484$11,371,814$9,424,389$8,246,729$4,068,004
Operating marginunverified-2.0%-5.3%-14.9%-18.2%-20.7%-15.8%
Overall cost-to-charge ratiounverified27.2%28.1%31.4%32.1%30.7%27.9%
Occupancy rateunverified51.2%47.2%42.4%40.4%39.1%29.1%
Average length of stayunverified5.45.34.34.85.85.1
Uncompensated care as % of operating expenseunverified8.7%8.5%6.3%7.1%0.3%7.0%
Charity care cost-to-charge ratiounverified28.2%28.9%27.6%29.0%24.4%
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