MUSC HEALTH FLORENCE MEDICAL CENTER — financial and operating metrics

CCN 420091, FLORENCE, 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 availableunverified170187187187187248
Total bed days availableunverified70,27568,25568,25568,25568,44290,520
Total facility dischargesunverified8,65310,0338,6689,53911,83512,902
Total facility inpatient daysunverified57,29358,14754,11852,54051,03361,684
Total patient revenue (gross charges)unverified$1,985,178,560$2,111,443,006$2,229,639,295$2,219,903,257$2,335,957,207$2,559,211,485
Contractual allowances and discountsunverified$1,789,068,371$1,892,295,428$1,988,299,346$1,966,968,623$2,012,493,944$2,259,623,913
Net patient revenueunverified$196,110,189$219,147,578$241,339,949$252,934,634$323,463,263$299,587,572
Total operating expensesunverified$206,972,801$249,937,842$254,283,622$270,445,888$292,302,605$314,138,594
Net income from service to patientsunverified$-10,862,612$-30,790,264$-12,943,673$-17,511,254$31,160,658$-14,551,022
Net incomeunverified$9,708,031$-2,749,769$17,940,318$-10,016,689$40,542,123$57,708,045
Cost of uncompensated careunverified$10,146,769$8,866,680$15,424,760$12,632,615$13,908,939$12,172,331
Total facility bad debt expenseunverified$24,584,380$41,328,190$36,786,689$43,199,450$28,748,251$20,227,806
Charity care charges and uninsured discountsunverified$48,142,321$41,002,359$112,675,815$65,051,805$84,767,918$93,098,945
Cost of charity careunverified$7,481,645$4,271,962$11,517,496$7,531,828$10,235,217$9,932,354
Charges for insured patients' liabilityunverified$3,234,779$1,792,363
Operating marginunverified-5.5%-14.1%-5.4%-6.9%9.6%-4.9%
Overall cost-to-charge ratiounverified10.4%11.8%11.4%12.2%12.5%12.3%
Occupancy rateunverified81.5%85.2%79.3%77.0%74.6%68.1%
Average length of stayunverified6.65.86.25.54.34.8
Uncompensated care as % of operating expenseunverified4.9%3.5%6.1%4.7%4.8%3.9%
Charity care cost-to-charge ratiounverified15.5%10.4%10.2%11.6%12.1%10.7%
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