FAIRFIELD MEMORIAL HOSPITAL — financial and operating metrics

CCN 421302, WINSBORO, SC · Medicare cost reports, FY2017–FY2018

Short reporting period. FY2018 (78 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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MetricFY2017FY2018
78d
Total facility beds availableunverified2525
Total bed days availableunverified9,1259,125
Total facility dischargesunverified751
Total facility inpatient daysunverified56617.0
Total patient revenue (gross charges)unverified$15,877,652$2,393,581
Contractual allowances and discountsunverified$6,233,152$915,564
Net patient revenueunverified$9,644,500$1,478,017
Total operating expensesunverified$11,935,372$2,691,557
Net income from service to patientsunverified$-2,290,872$-1,213,540
Net incomeunverified$-1,393,201$-697,711
Cost of uncompensated careunverified$1,887,644$130,995
Total facility bad debt expenseunverified$2,293,225$40,553
Charity care charges and uninsured discountsunverified$959,852$130,725
Cost of charity careunverified$399,903$116,801
Operating marginunverified-23.8%-82.1%
Overall cost-to-charge ratiounverified75.2%112.4%
Occupancy rateunverified6.2%0.2%
Average length of stayunverified7.5
Uncompensated care as % of operating expenseunverified15.8%4.9%
Charity care cost-to-charge ratiounverified41.7%89.3%
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