CORNERSTONE SOUTH HOUSTON — financial and operating metrics

CCN 452055, HOUSTON, TX · Medicare cost reports, FY2018–FY2020

Short reporting period. FY2020 (153 days) covers less than a full year, usually because the hospital changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

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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MetricFY2018FY2019FY2020
153d
Total facility beds availableunverified353535
Total bed days availableunverified12,77512,7755,390
Total facility dischargesunverified486388126
Total facility inpatient daysunverified10,7949,9414,520
Total patient revenue (gross charges)unverified$65,681,685$63,339,068$24,183,237
Contractual allowances and discountsunverified$49,781,962$47,203,743$18,372,983
Net patient revenueunverified$15,899,723$16,135,325$5,810,254
Total operating expensesunverified$16,999,160$15,719,870$7,362,368
Net income from service to patientsunverified$-1,099,437$415,455$-1,552,114
Net incomeunverified$-1,101,373$440,322$-1,551,034
Operating marginunverified-6.9%2.6%-26.7%
Overall cost-to-charge ratiounverified25.9%24.8%30.4%
Occupancy rateunverified84.5%77.8%83.9%
Average length of stayunverified22.225.635.9
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