MEMORIAL HEALTHCARE SYSTEM, INC — financial and operating metrics

CCN 440091, CHATTANOOGA, 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 availableunverified423423423431431431
Total bed days availableunverified154,818154,395154,395157,315157,746157,315
Total facility dischargesunverified19,86619,90418,07819,81422,64922,525
Total facility inpatient daysunverified95,07096,16394,293101,125108,423106,156
Total patient revenue (gross charges)unverified$3,324,909,154$2,463,423,866$2,576,040,597$2,769,382,120$3,045,261,076$3,016,973,555
Contractual allowances and discountsunverified$2,809,091,565$1,975,520,896$2,017,088,650$2,185,472,843$2,401,274,300$2,375,732,956
Net patient revenueunverified$515,817,589$487,902,970$558,951,947$583,909,277$643,986,776$641,240,599
Total operating expensesunverified$577,446,918$613,942,385$607,919,091$636,255,420$674,626,299$678,376,905
Net income from service to patientsunverified$-61,629,329$-126,039,415$-48,967,144$-52,346,143$-30,639,523$-37,136,306
Net incomeunverified$-16,428,175$-5,884,000$-28,385,475$-16,124,664$1,181,783$-10,989,387
Cost of uncompensated careunverified$16,237,176$16,763,532$18,005,174$17,444,653$12,897,393$12,492,233
Total facility bad debt expenseunverified$32,123,538$26,742,094$32,157,179$38,677,308$30,162,304$32,899,250
Charity care charges and uninsured discountsunverified$41,980,963$52,470,000$54,180,784$43,901,436$34,446,130$27,298,654
Cost of charity careunverified$9,009,618$10,857,670$11,163,517$9,164,952$7,003,902$5,922,721
Operating marginunverified-11.9%-25.8%-8.8%-9.0%-4.8%-5.8%
Overall cost-to-charge ratiounverified17.4%24.9%23.6%23.0%22.2%22.5%
Occupancy rateunverified61.4%62.3%61.1%64.3%68.7%67.5%
Average length of stayunverified4.84.85.25.14.84.7
Uncompensated care as % of operating expenseunverified2.8%2.7%3.0%2.7%1.9%1.8%
Charity care cost-to-charge ratiounverified21.5%20.7%20.6%20.9%20.3%21.7%
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