SWEETWATER HOSPITAL ASSOCIATION — financial and operating metrics

CCN 440084, SWEETWATER, 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 availableunverified595955555555
Total bed days availableunverified21,59421,53520,07520,07520,13020,075
Total facility dischargesunverified1,8141,7141,9862,1852,2212,080
Total facility inpatient daysunverified9,26811,12313,04213,38013,25110,764
Total patient revenue (gross charges)unverified$216,597,527$225,078,227$249,818,696$270,844,579$268,884,032$276,682,315
Contractual allowances and discountsunverified$173,956,956$175,943,711$197,305,731$214,257,720$212,187,187$208,859,646
Net patient revenueunverified$42,640,571$49,134,516$52,512,965$56,586,859$56,696,845$67,822,669
Total operating expensesunverified$46,265,386$49,428,151$56,725,091$62,700,547$68,147,743$68,054,038
Net income from service to patientsunverified$-3,624,815$-293,635$-4,212,126$-6,113,688$-11,450,898$-231,369
Net incomeunverified$8,029,828$5,647,473$-3,136,229$-3,630,088$-6,074,855$5,869,809
Cost of uncompensated careunverified$5,189,521$4,303,318$3,704,279$4,692,219$5,837,245$4,976,803
Total facility bad debt expenseunverified$9,228,360$9,986,602$6,588,197$12,644,827$11,715,503$10,282,826
Charity care charges and uninsured discountsunverified$17,068,398$13,619,995$13,331,812$10,779,808$13,308,123$11,854,605
Cost of charity careunverified$3,515,456$2,482,830$2,460,504$2,161,131$3,104,970$2,666,786
Operating marginunverified-8.5%-0.6%-8.0%-10.8%-20.2%-0.3%
Overall cost-to-charge ratiounverified21.4%22.0%22.7%23.2%25.3%24.6%
Occupancy rateunverified42.9%51.7%65.0%66.7%65.8%53.6%
Average length of stayunverified5.16.56.66.16.05.2
Uncompensated care as % of operating expenseunverified11.2%8.7%6.5%7.5%8.6%7.3%
Charity care cost-to-charge ratiounverified20.6%18.2%18.5%20.0%23.3%22.5%
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