METHODIST HOSPITALS OF MEMPHIS — financial and operating metrics

CCN 440049, MEMPHIS, TN · 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 availableunverified1,3051,2951,3141,3221,3681,238
Total bed days availableunverified477,630472,675479,610482,530500,688451,638
Total facility dischargesunverified59,83552,17652,85552,59350,82857,292
Total facility inpatient daysunverified347,016346,989353,883354,280341,825345,335
Total patient revenue (gross charges)unverified$6,455,028,297$6,400,909,855$6,869,694,542$7,280,986,976$7,537,009,529$8,257,832,444
Contractual allowances and discountsunverified$5,087,651,175$4,673,343,384$5,151,066,604$5,629,978,605$5,790,411,876$6,457,582,888
Net patient revenueunverified$1,367,377,122$1,727,566,471$1,718,627,938$1,651,008,371$1,746,597,653$1,800,249,556
Total operating expensesunverified$1,798,471,831$1,834,384,359$1,915,418,530$1,916,939,882$1,885,870,634$2,124,465,664
Net income from service to patientsunverified$-431,094,709$-106,817,888$-196,790,592$-265,931,511$-139,272,981$-324,216,108
Net incomeunverified$69,721,422$-10,505,023$-37,810,929$-265,931,511$43,956,169$-73,903,310
Cost of uncompensated careunverified$81,123,416$91,878,449$135,238,147$102,564,775$4,038,854$99,893,310
Total facility bad debt expenseunverified$17,071,503$22,316,368$13,508,533$15,254,101$18,458,006$56,740,007
Charity care charges and uninsured discountsunverified$335,854,062$378,867,037$554,411,858$433,226,359$364,263,738$415,293,628
Cost of charity careunverified$76,440,385$86,352,081$131,637,444$98,738,892$87,718,061
Charges for insured patients' liabilityunverified$59,519$61,676
Operating marginunverified-31.5%-6.2%-11.5%-16.1%-8.0%-18.0%
Overall cost-to-charge ratiounverified27.9%28.7%27.9%26.3%25.0%25.7%
Occupancy rateunverified72.7%73.4%73.8%73.4%68.3%76.5%
Average length of stayunverified5.86.76.76.76.76.0
Uncompensated care as % of operating expenseunverified4.5%5.0%7.1%5.4%0.2%4.7%
Charity care cost-to-charge ratiounverified22.8%22.8%23.7%22.8%21.1%
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