LAUGHLIN MEMORIAL HOSPITAL — financial and operating metrics

CCN 440025, GREENEVILLE, TN · Medicare cost reports, FY2018–FY2019

Short reporting period. FY2019 (273 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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MetricFY2018FY2019
273d
Total facility beds availableunverified140140
Total bed days availableunverified51,10038,360
Total facility dischargesunverified2,9991,949
Total facility inpatient daysunverified11,5707,783
Total patient revenue (gross charges)unverified$211,062,287$157,867,890
Contractual allowances and discountsunverified$143,384,316$106,634,195
Net patient revenueunverified$67,677,971$51,233,695
Total operating expensesunverified$75,930,432$57,861,891
Net income from service to patientsunverified$-8,252,461$-6,628,196
Net incomeunverified$-5,474,764$-3,635,653
Cost of uncompensated careunverified$6,175,270$2,158,778
Total facility bad debt expenseunverified$5,838,063$2,367,346
Charity care charges and uninsured discountsunverified$10,013,774$4,350,416
Cost of charity careunverified$4,221,747$1,410,012
Operating marginunverified-12.2%-12.9%
Overall cost-to-charge ratiounverified36.0%36.7%
Occupancy rateunverified22.6%20.3%
Average length of stayunverified3.94.0
Uncompensated care as % of operating expenseunverified8.1%3.7%
Charity care cost-to-charge ratiounverified42.2%32.4%
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