WARD MEMORIAL HOSPITAL — financial and operating metrics

CCN 451373, MONAHANS, 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 availableunverified252519192113
Total bed days availableunverified9,1509,1256,9356,9357,6864,745
Total facility dischargesunverified271390262226262140
Total facility inpatient daysunverified1,9672,3311,8111,6721,8741,430
Total patient revenue (gross charges)unverified$44,553,197$49,560,236$66,607,467$71,238,609$82,470,082$78,122,090
Contractual allowances and discountsunverified$33,442,445$35,102,743$51,310,035$55,143,613$63,298,417$60,599,704
Net patient revenueunverified$11,110,752$14,457,493$15,297,432$16,094,996$19,171,665$17,522,386
Total operating expensesunverified$17,637,313$19,795,209$20,021,882$21,046,239$23,953,440$24,704,790
Net income from service to patientsunverified$-6,526,561$-5,337,716$-4,724,450$-4,951,243$-4,781,775$-7,182,404
Net incomeunverified$1,601,842$-1,008,169$4,548,734$4,132,235$9,873,775$3,361,424
Cost of uncompensated careunverified$5,773,559$3,214,131$5,574,663$4,239,561$4,940,352$6,520,824
Total facility bad debt expenseunverified$968,165$1,034,995$1,591,686$886,142$227,308$231,726
Charity care charges and uninsured discountsunverified$10,529,572$7,267,207$11,323,781$12,163,010$10,236,450$11,761,794
Cost of charity careunverified$5,395,442$2,799,299$5,110,709$3,990,905$4,877,023$6,450,290
Operating marginunverified-58.7%-36.9%-30.9%-30.8%-24.9%-41.0%
Overall cost-to-charge ratiounverified39.6%39.9%30.1%29.5%29.0%31.6%
Occupancy rateunverified21.5%25.5%26.1%24.1%24.4%30.1%
Average length of stayunverified7.36.06.97.47.210.2
Uncompensated care as % of operating expenseunverified32.7%16.2%27.8%20.1%20.6%26.4%
Charity care cost-to-charge ratiounverified51.2%38.5%45.1%32.8%47.6%54.8%
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