METHODIST RICHARDSON MEDICAL CENTER — financial and operating metrics

CCN 450537, RICHARDSON, 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 availableunverified222247247247272322
Total bed days availableunverified72,60190,15590,15590,15599,552115,155
Total facility dischargesunverified10,89511,99518,06716,02616,41216,300
Total facility inpatient daysunverified52,61064,88168,83567,80171,97874,772
Total patient revenue (gross charges)unverified$1,203,837,050$1,410,176,464$1,624,136,314$1,793,652,152$2,072,555,446$2,269,502,430
Contractual allowances and discountsunverified$884,760,173$1,030,787,169$1,204,722,146$1,344,491,668$1,587,037,082$1,755,026,537
Net patient revenueunverified$319,076,877$379,389,295$419,414,168$449,160,484$485,518,364$514,475,893
Total operating expensesunverified$271,062,316$311,018,717$350,055,846$383,435,796$425,976,165$455,202,379
Net income from service to patientsunverified$48,014,561$68,370,578$69,358,322$65,724,688$59,542,199$59,273,514
Net incomeunverified$57,316,147$77,836,818$79,651,912$69,999,036$64,722,526$62,449,673
Cost of uncompensated careunverified$27,778,570$19,643,236$32,883,172$32,186,235$38,198,772$38,939,730
Total facility bad debt expenseunverified$59,952,888$45,504,805$46,541,052$60,675,655$51,709,205$54,207,007
Charity care charges and uninsured discountsunverified$68,097,643$49,372,625$96,655,414$81,231,594$116,060,619$111,027,851
Cost of charity careunverified$15,957,859$10,317,850$23,251,347$19,913,680$28,242,658$28,774,597
Charges for insured patients' liabilityunverified$2,573,009$4,370,170
Operating marginunverified15.0%18.0%16.5%14.6%12.3%11.5%
Overall cost-to-charge ratiounverified22.5%22.1%21.6%21.4%20.6%20.1%
Occupancy rateunverified72.5%72.0%76.4%75.2%72.3%64.9%
Average length of stayunverified4.85.43.84.24.44.6
Uncompensated care as % of operating expenseunverified10.2%6.3%9.4%8.4%9.0%8.6%
Charity care cost-to-charge ratiounverified23.4%20.9%24.1%24.5%24.3%25.9%
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