KINDRED HOSPITAL SPRING — financial and operating metrics

CCN 452074, HOUSTON, TX · Medicare cost reports, FY2018–FY2020

Short reporting period. FY2020 (197 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
197d
Total facility beds availableunverified258258258
Total bed days availableunverified94,17094,17051,084
Total facility dischargesunverified1,9621,568570
Total facility inpatient daysunverified51,35942,16812,394
Total patient revenue (gross charges)unverified$576,547,729$510,386,135$160,724,469
Contractual allowances and discountsunverified$500,006,468$445,464,829$140,585,658
Net patient revenueunverified$76,541,261$64,921,306$20,138,811
Total operating expensesunverified$88,751,067$81,120,704$32,466,148
Net income from service to patientsunverified$-12,209,806$-16,199,398$-12,327,337
Net incomeunverified$-11,747,693$-15,695,107$-12,131,819
Cost of uncompensated careunverified$435,057$247,695
Operating marginunverified-16.0%-25.0%-61.2%
Overall cost-to-charge ratiounverified15.4%15.9%20.2%
Occupancy rateunverified54.5%44.8%24.3%
Average length of stayunverified26.226.921.7
Uncompensated care as % of operating expenseunverified0.5%0.8%
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