NEXUS SPECIALTY HOSPITAL — financial and operating metrics

CCN 452057, THE WOODLANDS, TX · Medicare cost reports, FY2018–FY2023

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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MetricFY2018FY2019FY2020FY2021FY2022FY2023
Total facility beds availableunverified858585583737
Total bed days availableunverified31,02531,02531,11021,17014,12113,505
Total facility dischargesunverified515476525493395353
Total facility inpatient daysunverified12,45813,78513,76515,11113,60510,434
Total patient revenue (gross charges)unverified$70,365,534$78,572,929$84,773,551$108,358,501$101,402,954$85,985,220
Contractual allowances and discountsunverified$51,958,759$56,705,307$61,123,159$80,753,727$72,441,798$62,862,415
Net patient revenueunverified$18,406,775$21,867,622$23,650,392$27,604,774$28,961,156$23,122,805
Total operating expensesunverified$21,851,248$23,493,259$23,998,185$27,798,991$29,150,056$24,604,554
Net income from service to patientsunverified$-3,444,473$-1,625,637$-347,793$-194,217$-188,900$-1,481,749
Net incomeunverified$-3,552,591$-1,561,272$321,462$-11,496$-188,900$-1,481,749
Operating marginunverified-18.7%-7.4%-1.5%-0.7%-0.7%-6.4%
Overall cost-to-charge ratiounverified31.1%29.9%28.3%25.7%28.7%28.6%
Occupancy rateunverified40.2%44.4%44.2%71.4%96.3%77.3%
Average length of stayunverified24.229.026.230.734.429.6
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