TIDELANDS WACCAMAW COMMUNITY HOSPITAL — financial and operating metrics

CCN 420098, MURRELLS INLET, 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 availableunverified124116124125120119
Total bed days availableunverified45,38442,46145,28045,59243,92043,397
Total facility dischargesunverified6,3576,6756,9787,2667,2447,358
Total facility inpatient daysunverified25,94131,48432,80330,74530,32228,611
Total patient revenue (gross charges)unverified$595,608,709$686,387,420$696,964,171$696,451,026$725,040,419$783,109,654
Contractual allowances and discountsunverified$436,378,117$497,399,459$514,208,132$510,418,764$515,226,861$567,666,306
Net patient revenueunverified$159,230,592$188,987,961$182,756,039$186,032,262$209,813,558$215,443,348
Total operating expensesunverified$148,387,970$167,674,524$177,777,323$177,271,500$188,720,354$198,383,091
Net income from service to patientsunverified$10,842,622$21,313,437$4,978,716$8,760,762$21,093,204$17,060,257
Net incomeunverified$28,361,064$35,866,859$17,228,129$18,349,277$26,073,182$22,064,252
Cost of uncompensated careunverified$7,261,294$6,422,765$8,795,980$7,086,814$6,588,086$7,201,075
Total facility bad debt expenseunverified$15,292,916$13,359,102$18,552,117$18,074,409$17,056,426$16,241,128
Charity care charges and uninsured discountsunverified$17,041,303$15,603,627$19,559,514$13,419,166$11,920,829$15,201,299
Cost of charity careunverified$3,853,972$3,501,316$4,632,644$3,035,536$2,765,522$3,548,809
Operating marginunverified6.8%11.3%2.7%4.7%10.1%7.9%
Overall cost-to-charge ratiounverified24.9%24.4%25.5%25.5%26.0%25.3%
Occupancy rateunverified57.2%74.1%72.4%67.4%69.0%65.9%
Average length of stayunverified4.14.74.74.24.23.9
Uncompensated care as % of operating expenseunverified4.9%3.8%4.9%4.0%3.5%3.6%
Charity care cost-to-charge ratiounverified22.6%22.4%23.7%22.6%23.2%23.3%
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