PARKWEST MEDICAL CENTER — financial and operating metrics

CCN 440173, KNOXVILLE, 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 availableunverified392392348361359357
Total bed days availableunverified139,642143,080132,388126,349131,577130,305
Total facility dischargesunverified21,79021,69519,02619,21819,10521,027
Total facility inpatient daysunverified104,148106,523101,07192,17892,246102,167
Total patient revenue (gross charges)unverified$1,181,407,784$1,264,523,711$1,270,611,272$1,333,154,380$1,405,976,598$1,464,487,741
Contractual allowances and discountsunverified$824,641,626$878,022,550$895,490,779$936,719,711$981,757,402$1,003,360,210
Net patient revenueunverified$356,766,158$386,501,161$375,120,493$396,434,669$424,219,196$461,127,531
Total operating expensesunverified$348,896,667$373,539,181$389,121,304$418,340,514$441,374,682$482,825,525
Net income from service to patientsunverified$7,869,491$12,961,980$-14,000,811$-21,905,845$-17,155,486$-21,697,994
Net incomeunverified$30,678,688$46,684,795$6,332,136$-464,191$4,378,206$1,126,437
Cost of uncompensated careunverified$12,563,140$12,006,285$13,361,427$15,015,330$13,130,659$12,217,575
Total facility bad debt expenseunverified$13,669,092$11,811,053$14,134,301$14,562,138$13,455,529$14,289,966
Charity care charges and uninsured discountsunverified$31,023,875$30,609,619$32,683,860$37,501,191$33,861,758$27,470,813
Cost of charity careunverified$8,821,363$8,773,328$9,449,354$10,920,618$9,438,508$8,117,790
Charges for insured patients' liabilityunverified$273,507$244,887
Operating marginunverified2.2%3.4%-3.7%-5.5%-4.0%-4.7%
Overall cost-to-charge ratiounverified29.5%29.5%30.6%31.4%31.4%33.0%
Occupancy rateunverified74.6%74.4%76.3%73.0%70.1%78.4%
Average length of stayunverified4.84.95.34.84.84.9
Uncompensated care as % of operating expenseunverified3.6%3.2%3.4%3.6%3.0%2.5%
Charity care cost-to-charge ratiounverified28.4%28.7%28.9%29.1%27.9%29.6%
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