WADLEY REGIONAL MEDICAL CENTER — financial and operating metrics

CCN 450200, TEXARKANA, 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 availableunverified185185185185185185
Total bed days availableunverified67,52567,71067,52567,52567,52556,425
Total facility dischargesunverified5,9125,8406,1455,5125,1583,713
Total facility inpatient daysunverified27,19426,90128,12623,39521,38515,109
Total patient revenue (gross charges)unverified$597,510,113$559,106,622$582,815,229$559,921,084$559,909,624$403,061,573
Contractual allowances and discountsunverified$501,179,744$468,461,287$496,349,734$468,284,834$457,263,361$337,530,975
Net patient revenueunverified$96,330,369$90,645,335$86,465,495$91,636,250$102,646,263$65,530,598
Total operating expensesunverified$101,414,310$93,501,804$97,870,134$105,681,317$107,426,473$92,296,881
Net income from service to patientsunverified$-5,083,941$-2,856,469$-11,404,639$-14,045,067$-4,780,210$-26,766,283
Net incomeunverified$-4,030,084$11,383,209$-4,341,381$-7,699,903$-4,099,480$-33,330,891
Cost of uncompensated careunverified$7,350,462$6,792,095$6,289,923$6,584,095$6,796,282$5,089,302
Total facility bad debt expenseunverified$14,136,032$16,650,781$10,790,824$8,545,134$7,862,143$6,019,481
Charity care charges and uninsured discountsunverified$35,162,403$27,097,888$30,004,974$30,283,647$34,469,922$25,998,226
Cost of charity careunverified$5,135,235$4,140,161$4,577,836$5,083,186$5,443,559$4,081,150
Operating marginunverified-5.3%-3.2%-13.2%-15.3%-4.7%-40.8%
Overall cost-to-charge ratiounverified17.0%16.7%16.8%18.9%19.2%22.9%
Occupancy rateunverified40.3%39.7%41.7%34.6%31.7%26.8%
Average length of stayunverified4.64.64.64.24.14.1
Uncompensated care as % of operating expenseunverified7.2%7.3%6.4%6.2%6.3%5.5%
Charity care cost-to-charge ratiounverified14.6%15.3%15.3%16.8%15.8%15.7%
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