LAKEWAY REGIONAL HOSPITAL — financial and operating metrics

CCN 440067, MORRISTOWN, TN · Medicare cost reports, FY2018–FY2018

Short reporting period. FY2018 (210 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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MetricFY2018
210d
Total facility beds availableunverified107
Total bed days availableunverified39,055
Total facility dischargesunverified1,261
Total facility inpatient daysunverified5,479
Total patient revenue (gross charges)unverified$316,020,937
Contractual allowances and discountsunverified$286,996,240
Net patient revenueunverified$29,024,697
Total operating expensesunverified$39,779,025
Net income from service to patientsunverified$-10,754,328
Net incomeunverified$-10,598,447
Cost of uncompensated careunverified$1,603,779
Total facility bad debt expenseunverified$5,835,454
Charity care charges and uninsured discountsunverified$10,081,777
Cost of charity careunverified$963,976
Operating marginunverified-37.1%
Overall cost-to-charge ratiounverified12.6%
Occupancy rateunverified14.0%
Average length of stayunverified4.3
Uncompensated care as % of operating expenseunverified4.0%
Charity care cost-to-charge ratiounverified9.6%
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