PALESTINE REGIONAL MEDICAL CENTER — financial and operating metrics

CCN 450747, PALESTINE, 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 availableunverified1481481481487878
Total bed days availableunverified54,16854,16854,02054,02028,54828,470
Total facility dischargesunverified3,2393,1532,7042,4692,5693,140
Total facility inpatient daysunverified18,25623,08122,16122,13423,61526,766
Total patient revenue (gross charges)unverified$431,587,723$528,400,828$545,175,599$572,648,220$633,029,173
Contractual allowances and discountsunverified$357,161,248$437,660,864$454,590,315$464,739,144$518,844,660
Net patient revenueunverified$74,426,475$90,739,964$90,585,284$107,909,076$114,184,513
Total operating expensesunverified$73,251,595$82,401,478$88,234,398$104,555,580$97,967,080$105,113,575
Net income from service to patientsunverified$1,174,880$-82,401,478$2,505,566$-13,970,296$9,941,996$9,070,938
Net incomeunverified$7,782,201$-82,401,478$2,884,173$-13,089,206$10,069,899$9,809,132
Cost of uncompensated careunverified$5,643,701$6,029,708$5,177,953$5,258,294$5,504,419$6,507,621
Total facility bad debt expenseunverified$24,661,535$22,794,541$13,034,969$15,363,019$14,887,058$15,922,642
Charity care charges and uninsured discountsunverified$22,221,662$21,518,427$27,042,399$26,016,873$31,240,245$35,582,074
Cost of charity careunverified$2,615,571$2,885,195$3,441,257$3,268,094$3,684,062$4,456,344
Operating marginunverified1.6%2.8%-15.4%9.2%7.9%
Overall cost-to-charge ratiounverified17.0%16.7%19.2%17.1%16.6%
Occupancy rateunverified33.7%42.6%41.0%41.0%82.7%94.0%
Average length of stayunverified5.67.38.29.09.28.5
Uncompensated care as % of operating expenseunverified7.7%7.3%5.9%5.0%5.6%6.2%
Charity care cost-to-charge ratiounverified11.8%13.4%12.7%12.6%11.8%12.5%
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