PALO PINTO GENERAL HOSPITAL — financial and operating metrics

CCN 450565, MINERAL WELLS, 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 availableunverified484848484848
Total bed days availableunverified17,56817,52017,52017,52017,56817,520
Total facility dischargesunverified1,2631,9391,5771,4501,3471,289
Total facility inpatient daysunverified6,2669,8077,6715,3085,0914,421
Total patient revenue (gross charges)unverified$121,895,402$155,867,374$148,216,990$140,311,618$144,984,699$139,561,824
Contractual allowances and discountsunverified$96,446,013$117,974,405$112,423,112$107,798,007$109,403,091$106,173,031
Net patient revenueunverified$25,449,389$37,892,969$35,793,878$32,513,611$35,581,608$33,388,793
Total operating expensesunverified$48,759,660$60,558,471$62,774,236$63,856,740$67,583,480$70,159,972
Net income from service to patientsunverified$-23,310,271$-22,665,502$-26,980,358$-31,343,129$-32,001,872$-36,771,179
Net incomeunverified$3,735,894$19,794,951$2,555,867$486,799$-2,841,287$-10,396,335
Cost of uncompensated careunverified$7,245,620$5,672,257$7,378,961$6,335,242$7,712,270$6,930,163
Total facility bad debt expenseunverified$3,381,960$4,153,464$4,631,841$4,198,181$4,943,636$4,260,353
Charity care charges and uninsured discountsunverified$16,031,556$11,538,000$14,664,113$11,472,268$13,547,819$11,577,993
Cost of charity careunverified$5,992,993$4,178,117$5,621,077$4,648,889$5,691,632$5,110,626
Charges for insured patients' liabilityunverified$606,842
Operating marginunverified-91.6%-59.8%-75.4%-96.4%-89.9%-110.1%
Overall cost-to-charge ratiounverified40.0%38.9%42.4%45.5%46.6%50.3%
Occupancy rateunverified35.7%56.0%43.8%30.3%29.0%25.2%
Average length of stayunverified5.05.14.93.73.83.4
Uncompensated care as % of operating expenseunverified14.9%9.4%11.8%9.9%11.4%9.9%
Charity care cost-to-charge ratiounverified37.4%36.2%38.3%40.5%42.0%44.1%
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