RICE MEDICAL CENTER — financial and operating metrics

CCN 451312, EAGLE LAKE, 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 availableunverified212121212121
Total bed days availableunverified7,6867,6657,6657,6657,6867,665
Total facility dischargesunverified122126115148185155
Total facility inpatient daysunverified6776497021,1722,2862,929
Total patient revenue (gross charges)unverified$17,474,681$19,959,292$22,659,807$30,697,210$41,726,693$50,542,343
Contractual allowances and discountsunverified$7,568,494$9,102,322$10,447,360$7,839,467$20,887,986$24,113,987
Net patient revenueunverified$9,906,187$10,856,970$12,212,447$22,857,743$20,838,707$26,428,356
Total operating expensesunverified$14,376,866$15,876,684$16,534,078$18,192,990$23,248,651$24,884,325
Net income from service to patientsunverified$-4,470,679$-5,019,714$-4,321,631$4,664,753$-2,409,944$1,544,031
Net incomeunverified$3,472,952$3,168,095$3,093,682$9,303,259$3,966,220$6,747,646
Cost of uncompensated careunverified$1,659,066$2,248,183$1,547,553$1,481,715$2,218,469$1,533,941
Total facility bad debt expenseunverified$395,598$1,803,510$630,730$845,527$1,713,558$1,120,461
Charity care charges and uninsured discountsunverified$1,765,135$1,163,131$1,556,531$1,761,797$2,211,208$1,859,535
Cost of charity careunverified$1,422,176$901,861$1,144,180$1,022,627$1,263,227$968,894
Charges for insured patients' liabilityunverified$45,565
Operating marginunverified-45.1%-46.2%-35.4%20.4%-11.6%5.8%
Overall cost-to-charge ratiounverified82.3%79.5%73.0%59.3%55.7%49.2%
Occupancy rateunverified8.8%8.5%9.2%15.3%29.7%38.2%
Average length of stayunverified5.55.26.17.912.418.9
Uncompensated care as % of operating expenseunverified11.5%14.2%9.4%8.1%9.5%6.2%
Charity care cost-to-charge ratiounverified80.6%77.5%73.5%58.0%57.1%52.1%
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