HEREFORD REGIONAL MEDICAL CENTER — financial and operating metrics

CCN 450155, HEREFORD, TX · 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 availableunverified323232323232
Total bed days availableunverified11,71211,68011,68011,68011,71211,680
Total facility dischargesunverified615636512446217201
Total facility inpatient daysunverified2,1261,3951,7331,3111,5391,409
Total patient revenue (gross charges)unverified$40,799,112$44,678,901$50,649,203$55,156,224$58,080,924$61,036,480
Contractual allowances and discountsunverified$26,060,662$27,474,417$31,569,026$36,523,904$41,434,308$43,057,325
Net patient revenueunverified$14,738,450$17,204,484$19,080,177$18,632,320$16,646,616$17,979,155
Total operating expensesunverified$25,250,342$29,750,515$30,986,362$31,466,664$33,576,578$34,430,835
Net income from service to patientsunverified$-10,511,892$-12,546,031$-11,906,185$-12,834,344$-16,929,962$-16,451,680
Net incomeunverified$2,382,561$8,171,022$4,814,841$2,165,787$-184,988$2,816,684
Cost of uncompensated careunverified$4,452,999$6,191,117$5,950,446$4,618,099$7,392,842$10,575,690
Total facility bad debt expenseunverified$2,274,538$723,184$765,408$541,935$687,020$970,258
Charity care charges and uninsured discountsunverified$5,024,494$7,995,604$8,551,494$7,617,308$10,231,738$14,637,167
Cost of charity careunverified$3,086,611$5,725,091$5,526,994$4,325,572$7,017,544$10,067,904
Charges for insured patients' liabilityunverified$1,066,309
Operating marginunverified-71.3%-72.9%-62.4%-68.9%-101.7%-91.5%
Overall cost-to-charge ratiounverified61.9%66.6%61.2%57.1%57.8%56.4%
Occupancy rateunverified18.2%11.9%14.8%11.2%13.1%12.1%
Average length of stayunverified3.52.23.42.97.17.0
Uncompensated care as % of operating expenseunverified17.6%20.8%19.2%14.7%22.0%30.7%
Charity care cost-to-charge ratiounverified61.4%71.6%64.6%56.8%68.6%68.8%
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