MAGNOLIA BEHAVIORAL HOSPT. OF E. TE — financial and operating metrics

CCN 454143, LONGVIEW, TX · Medicare cost reports, FY2018–FY2019

Short reporting period. FY2018 (262 days), FY2019 (181 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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MetricFY2018
262d
FY2019
181d
Total facility beds availableunverified7676
Total bed days availableunverified19,98813,832
Total facility dischargesunverified613475
Total facility inpatient daysunverified5,4093,775
Total patient revenue (gross charges)unverified$8,377,927$7,206,949
Contractual allowances and discountsunverified$5,204,997$4,769,977
Net patient revenueunverified$3,172,930$2,436,972
Total operating expensesunverified$4,870,915$4,123,345
Net income from service to patientsunverified$-1,697,985$-1,686,373
Net incomeunverified$-1,691,324$-1,686,373
Operating marginunverified-53.5%-69.2%
Overall cost-to-charge ratiounverified58.1%57.2%
Occupancy rateunverified27.1%27.3%
Average length of stayunverified8.87.9
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