CCN 420085, MYRTLE BEACH, 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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 325 | 325 | 319 | 336 | 346 | 355 |
| Total bed days availableunverified | 118,950 | 118,625 | 115,130 | 122,667 | 126,753 | 129,690 |
| Total facility dischargesunverified | 22,384 | 20,328 | 19,957 | 21,762 | 23,222 | 24,509 |
| Total facility inpatient daysunverified | 106,195 | 100,807 | 106,834 | 106,662 | 112,628 | 114,177 |
| Total patient revenue (gross charges)unverified | $3,518,148,747 | $3,751,006,361 | $4,446,350,215 | $4,941,762,146 | $5,709,003,497 | $6,432,004,424 |
| Contractual allowances and discountsunverified | $3,058,231,843 | $3,260,431,537 | $3,877,653,843 | $4,339,605,043 | $5,025,836,456 | $5,686,850,691 |
| Net patient revenueunverified | $459,916,904 | $490,574,824 | $568,696,372 | $602,157,103 | $683,167,041 | $745,153,733 |
| Total operating expensesunverified | $356,868,057 | $342,594,333 | $402,142,110 | $404,848,536 | $442,570,674 | $450,680,690 |
| Net income from service to patientsunverified | $103,048,847 | $147,980,491 | $166,554,262 | $197,308,567 | $240,596,367 | $294,473,043 |
| Net incomeunverified | $114,055,998 | $160,825,332 | $181,032,206 | $196,316,169 | $248,307,329 | $295,999,100 |
| Cost of uncompensated careunverified | $28,782,240 | $26,092,092 | $34,604,020 | $31,392,734 | $32,099,095 | $37,757,313 |
| Total facility bad debt expenseunverified | $31,490,503 | $24,805,146 | $20,125,231 | $22,425,417 | $25,036,784 | $26,932,676 |
| Charity care charges and uninsured discountsunverified | $303,246,820 | $286,259,101 | $373,428,820 | $346,132,063 | $374,000,195 | $459,024,015 |
| Cost of charity careunverified | $25,626,217 | $23,672,684 | $32,661,909 | $29,381,992 | $30,067,656 | $35,703,896 |
| Charges for insured patients' liabilityunverified | — | — | — | — | $2,097,214 | $2,803,345 |
| Operating marginunverified | 22.4% | 30.2% | 29.3% | 32.8% | 35.2% | 39.5% |
| Overall cost-to-charge ratiounverified | 10.1% | 9.1% | 9.0% | 8.2% | 7.8% | 7.0% |
| Occupancy rateunverified | 89.3% | 85.0% | 92.8% | 87.0% | 88.9% | 88.0% |
| Average length of stayunverified | 4.7 | 5.0 | 5.4 | 4.9 | 4.9 | 4.7 |
| Uncompensated care as % of operating expenseunverified | 8.1% | 7.6% | 8.6% | 7.8% | 7.3% | 8.4% |
| Charity care cost-to-charge ratiounverified | 8.5% | 8.3% | 8.7% | 8.5% | 8.0% | 7.8% |