CONTINUECARE HOSP AT PALMETTO HEALTH — financial and operating metrics

CCN 422006, COLUMBIA, SC · Medicare cost reports, FY2019–FY2024

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified353535353535
Total bed days availableunverified12,77512,81012,77512,77512,77512,810
Total facility dischargesunverified294280343329273211
Total facility inpatient daysunverified8,4149,1198,6808,2147,5426,099
Total patient revenue (gross charges)unverified$34,298,769$41,536,296$37,510,285$34,635,702$33,385,857$27,710,065
Contractual allowances and discountsunverified$21,899,874$26,572,884$24,897,600$20,527,986$20,907,061$18,440,118
Net patient revenueunverified$12,398,895$14,963,412$12,612,685$14,107,716$12,478,796$9,269,947
Total operating expensesunverified$12,954,499$14,453,839$14,948,767$13,886,447$12,918,595$11,627,431
Net income from service to patientsunverified$-555,604$509,573$-2,336,082$221,269$-439,799$-2,357,484
Net incomeunverified$-540,237$745,116$-2,110,173$445,975$-431,291$-2,352,848
Operating marginunverified-4.5%3.4%-18.5%1.6%-3.5%-25.4%
Overall cost-to-charge ratiounverified37.8%34.8%39.9%40.1%38.7%42.0%
Occupancy rateunverified65.9%71.2%67.9%64.3%59.0%47.6%
Average length of stayunverified28.632.625.325.027.628.9
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