GRACE SURGICAL HOSPITAL — financial and operating metrics

CCN 450162, LUBBOCK, TX · Medicare cost reports, FY2019–FY2024

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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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total facility beds availableunverified929292929292
Total bed days availableunverified33,58031,02533,58033,58033,58033,672
Total facility dischargesunverified731163184263210144
Total facility inpatient daysunverified1,769966458569356208
Total patient revenue (gross charges)unverified$259,958,055$227,552,174$312,238,530$340,099,050$345,485,893$325,062,812
Contractual allowances and discountsunverified$192,127,904$169,066,770$241,529,314$259,243,959$260,599,619$259,265,063
Net patient revenueunverified$67,830,151$58,485,404$70,709,216$80,855,091$84,886,274$65,797,749
Total operating expensesunverified$57,092,185$59,019,215$79,291,009$104,428,992$71,207,245$70,249,182
Net income from service to patientsunverified$10,737,966$-533,811$-8,581,793$-23,573,901$13,679,029$-4,451,433
Net incomeunverified$13,146,627$3,654,150$-7,396,200$-15,699,484$18,667,088$1,343,330
Cost of uncompensated careunverified$5,277,754$2,777,050$997,726$1,018,926$1,052,797$819,374
Total facility bad debt expenseunverified$2,823,676$4,843,909$1,358,112$1,759,572$1,512,740$1,436,570
Charity care charges and uninsured discountsunverified$10,522,632$3,726,353$2,643,021$2,232,334$2,317,962$1,330,868
Cost of charity careunverified$4,639,097$1,464,097$667,871$596,220$679,831$466,730
Charges for insured patients' liabilityunverified$6,239$45,617
Operating marginunverified15.8%-0.9%-12.1%-29.2%16.1%-6.8%
Overall cost-to-charge ratiounverified22.0%25.9%25.4%30.7%20.6%21.6%
Occupancy rateunverified5.3%3.1%1.4%1.7%1.1%0.6%
Average length of stayunverified2.45.92.52.21.71.4
Uncompensated care as % of operating expenseunverified9.2%4.7%1.3%1.0%1.5%1.2%
Charity care cost-to-charge ratiounverified44.1%39.3%25.3%26.7%29.3%35.1%
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